CDC Discusses Several Cisco Properties

The Regular Meeting of the Board of Directors of the Cisco Development Corporation was held on Tuesday, February 7, 2017 at 4:00 P.M. at the Cisco Development Corporation offices, 701 Conrad Hilton Blvd., Cisco, TX to consider the following items and possibly take action:

In consideration and possible action on an adjusted offer to purchase the Susan Evans building at 209 East 8th, Cisco, TX, Diers informed the board that an offer of $25,000 was presented to purchase the property. A counter offer was received from Evans requesting $34,000. Diers recommended a new offer of the $30,000 as the original approved motion from the February 7th meeting with the ability to go up to a limit of $32,000. Nichols made the motion to accept the recommendation by Diers. Wilcoxen seconded the motion and the motion carried.

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