The Kennedale Economic Development Corporation (EDC) meeting held on November 26, 2024, focused on the potential sale of a piece of property and the implications for future development in the city. The discussions centered around a $25,000 offer for the property, which has been valued at approximately $12,000 per acre. Council members expressed concerns about the low offer, considering the potential for significant improvements and increased land value.

Councilman Glover highlighted that the developer, identified as David, is looking to invest between $1.8 million and $2 million into the development, which could include a car wash. The council debated whether to counter the offer, with suggestions ranging from $30,000 to $50,000. Some members felt that accepting the $25,000 offer would be undervaluing the property, while others argued that the city should prioritize moving forward with development rather than holding onto the land indefinitely.

The conversation also touched on the possibility of providing tax incentives to the developer, which could enhance the attractiveness of the project and stimulate further commercial interest in Kennedale. Council members acknowledged the developer's motivation to invest in the area, noting that he had previously been hesitant to engage with the city after a negative experience.

Ultimately, the council agreed to negotiate the offer, allowing for flexibility in discussions with the developer while ensuring that any final decision would be brought back to the council for approval. The meeting concluded with a consensus on the importance of fostering development in Kennedale, with members expressing optimism about the potential benefits of the proposed project for the city's economic growth.