Friday, February 25, 2011
Bryan and College Station to draft interlocal agreement for Biomedical Corridor
This week the City Councils of Bryan and College Station both voted unanimously to instruct their respective staffs to begin drafting an interlocal agreement for the Biomedical Corridor area.
On Tuesday, February 22, Bryan Councilmember Chuck Konderla made the following motion: “I move that we direct staff to develop an interlocal agreement with the City of College Station providing for the sharing of ad valorem tax revenue between the two cities for a certain geographic boundary in the bio-corridor and will further submit and support local validating legislation which may include the establishment of a municipal management district and will provide for the resolution of the service of water and sewer to the area.”
The College Station City Council followed suit on Thursday, February 24 approving this motion from Councilmember John Crompton: “I move that we authorize city staff to go forward in taking whatever actions necessary and reasonable in creating a municipal management district to be governed by the two cities in parts of the proposed biomedical corridor region which could include a revenue sharing agreement with the City of Bryan, which could include special legislation to address various development concerns in the area and which could include resolving the provision of water and sewer services to the area.”
An interlocal agreement between the two cities would form a true partnership in an effort to leverage economic development in the Biomedical Corridor, which is an area along the intersection of Highway 60 and Highway 47.
Senator Steve Ogden and Representative Fred Brown are very supportive of the efforts to facilitate the biomedical corridor development through the joint efforts of the cities of Bryan and College Station by creation of a municipal management district. They have both indicated that they will lend their support to expediting the necessary legislation through to fruition.
The Research Valley Partnership Board of Directors and staff also played a key role in helping to formulate a vision for the biomedical corridor district.
The emergence of the Biomedical Corridor presents a tremendous opportunity for both cities of Bryan and College Station. World-class state-of-the-art facilities are bringing new opportunities for pharmaceutical manufacturing, high-paying jobs, and other significant economic benefits to the entire community. Both cities must act quickly in cooperation with each other to take full advantage of these new opportunities to build a collective tax base.
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