Spearman EDC Approves Grants for Local Business and Youth Sports; Discusses Food Truck Proposal and Legal Fees

Report for the Hansford County Reporter-Statesman 

SPEARMAN, Texas -- The Spearman Economic Development Corporation (EDC) held its regular meeting to review financial matters, approve grant funding, and discuss ongoing and potential projects aimed at local economic growth. 

Grant Approvals 
The board approved two $10,000 grants: 
 A business façade improvement grant to B&B Sales and Supply, a local hardware store, to support exterior renovations and enhance the business's presence in the community. 
 A grant to the Spearman Little League to support baseball park improvements. Board members noted the importance of establishing a performance agreement to ensure clear expectations for maintenance and use of the upgraded facilities. 

Both grants were approved unanimously. The board emphasized the need for performance agreements for all funding recipients to maintain transparency and accountability. 

Financial Reports and Banking Matters 
Director Bonnie Thompson presented the April financial report, noting a $1 overpayment item. The board reviewed the maturity of the current certificate of deposit (CD) with First State Bank and voted to renew the CD for another six-month term. 

A discussion was also held regarding the copier agreement, with a total of $2,592 spent on toner for the fiscal year. Without a service contract in place, the board is evaluating alternatives, including potential cost savings through Chamber of Commerce membership benefits. 

Legal Fees and Professional Services 
The board reviewed a $5,329 invoice from Underwood Law Firm, which covered legal services related to recent EDC operations. While some members raised concerns about cost, others stressed the importance of experienced legal counsel for managing grant agreements and development-related contracts. 

Food Truck Park Proposal 
The board considered a proposal from EDC Director Thompson to establish a designated food truck area to provide opportunities for mobile food vendors and expand local dining options. The discussion included zoning, location logistics, and potential impacts on existing businesses. Thompson was asked to gather further information and begin drafting an ordinance for future board consideration. 

Manufacturing Opportunity 
Thompson also shared details from a recent investor meeting she attended in Perryton regarding a potential engine manufacturing project. Board members discussed the possible economic impact and the need for coordinated workforce development should the project proceed. 

Action Items 

The EDC continues to prioritize local business support, infrastructure investment, and long-term economic planning to strengthen the Spearman community and broader Hansford County region.