Letter of Intent: EDC Land Sale to Elevated Development
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Description
Texas City EDC voted to execute a letter of intent with Elevated Development regarding the proposed sale of 48 acres for residential development. The agreed price is $2,112,000, with contract terms to be negotiated.
Contract Details
Contract Amount
$2,112,000 (proposed purchase price)
Vendor
ELEVATED DEVELOPMENT
Agency
City of Texas, TX
Contract Type
OTHER
Document Date
June 3, 2026
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