Companies interested in buying property in Odessa’s business and industrial parks can now tour what they’re getting without stepping foot in the city.
The Odessa Development Corp. has produced a new video, which shows animation of several businesses in Odessa, including REXtac LLC and Lufkin Industries. The video, which will be placed on ODC’s website, also promotes available space in the city, with vacant buildings between 10,000 and 200,000 square feet up for use.
The board of the Odessa Development Corp. approved an agreement Monday that will pay $100,000 toward a program designed to help bring more wind energy projects to West Texas.
The agreement pays the Texas Tech University System $75,000 plus $25,000 for the National Institute for Renewable Energy, which was formed through a collaboration between Texas Tech and the Innovative Texas Foundation.
After missing one scheduled appearance because of weather and showing up late on another try, David Miller, vice chancellor for research and commercialization for the Texas Tech University System, finally got to make a formal presentation Thursday before the board of the Odessa Development Corp.
Summit Power Group Inc.’s planned Texas Clean Energy Project could have a new owner in the coming months.
The Bainbridge Island, Wash., company is negotiating with investors who will help take up some of the costs the U.S. Department of Energy isn’t covering on the planned $2 billion coal gasification plant, said Laura Miller, Summit’s Texas projects director.
The board of the Odessa Development Corp. didn’t take any action on new economic development projects at its Thursday meeting, but members did hear about some potential items for its next agenda.
The ODC’s compliance committee will look at two new projects next week, said Gary Vest, economic development director for the Odessa Chamber of Commerce.
Vest said he was “sworn to secrecy” on the identity of the new companies, but one was out of Atlanta.
The Odessa City Council will hold a public hearing for the city’s fiscal year 2010-2011 budget as part of its regular meeting tonight.
The proposed budget calls for total expenditures of more than $137.94 million.
While City Manager Richard Morton has said the budget would be relatively flat compared to fiscal year 2009-2010, it does include 4 percent step pay raises for public safety officers, as well as 2 percent raises for the city’s other employees.
By a 4-1 vote, the board of the Odessa Development Corp. approved an agreement designed to entice a group of companies to move into property being vacated at 9019 N. West County Road.
For as long as anyone can remember, the Union Pacific railroad tracks have cut through Odessa, creating a physical barrier that also is often cultural. While the tracks and the trains that run on them aren’t going anywhere, the way they operate and what the city gets from the railroad could be changing.
There may be new jobs available for employees of the Telvista call center. The facility plans to close in September, laying off 288 people.
Gary Vest, economic development director for the Odessa Chamber of Commerce, told the board of the Odessa Development Corp. he was contacted by an online call firm that allows people to work out of their homes.
“They said they would hire everybody that works out of Telvista to work out of their home,” Vest said.