The city council for the City of Overton approved a $50,000 grant from Overton Economic Development Corp. to ARPCO Valves & Controls for the company’s relocation to the 400 block of Texas Highway 323 East in Overton.
ARPCO will bring more than 25 jobs to the city, with 10 positions already filled by Overton residents, city officials said. The company’s current location is near Texas Highway 135 between Overton and nearby Arp.
City Council Member C.R. “Coach” Evans asked why Overton EDC did not instead offer a forgiveable loan, to which Robert Loftice, EDC board president, responded that the investment the company is making into the community warranted the grant.
“They are an existing company that has been in business for a while, not just some new company,” he said. “They’re stable and look to bring good-paying jobs into town.”
Later, the council discussed vacancies on some city boards that are coming up, with the terms of some members expiring on the EDC, the Overton Municipal Development District, as well as the city’s planning and zoning board.
Overton Mayor John Welch told the council they could submit any names of possible candidates for these key board positions and they would bring the matter up again at the next meeting.
“I’ll also be talking with some of these whose terms are set to expire, to see if they want to serve another term,” Welch said.
In other business the council:
- DISCUSSED creating a city ordinance that would require newly-elected city officials, as well as board members, to attend training with the Texas Municipal League in Austin. However, no action was taken.
- APPROVED a resolution authorizing the submission of a Texas Community Block Grant Program application to the Texas Department of Rural Affairs.
- APPROVED nominating Overton resident Gene Cottle for reappointment to the Smith County 9-1-1 Communication District.
- APPROVED releasing Smith County 9-1-1 from liability pertaining to computerized dispatch and mobile communication.
- APPROVED submitting application of credit card for use by Overton city employees, with credit limit of $2,000.