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FINANCIAL_SERVICESAPPROVED

city-of-ranger-commission-meeting-agenda-september-8-2025_d09.pdf

RekTek Receives $4,250 REDC Relocation Assistance

$4,250 (of which $2,000 is a no-interest loan)City of RangerREKTEKSeptember 8, 2025

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

The Ranger City Commission authorized the Ranger Economic Development Corporation to provide $4,250 in assistance to RekTek for relocating to the former Red Barn building, including a $2,000 no-interest loan. The incentive package supports new local business development in Ranger.

Contract Details

Contract Amount

$4,250 (of which $2,000 is a no-interest loan)

Vendor

REKTEK

Agency

City of Ranger, TX

Contract Type

FINANCIAL_SERVICES

Document Date

September 8, 2025

Renewal Info

One-time assistance and no-interest loan; repayment terms beyond amount are not detailed.

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