Consider and take action on Resolution No. 19-40, authorizing the TCEDC Chairperson to exchange vacant lots in the TCEDC holdings with the owners of the following properties who own property in the Industrial Business District (IBD) to facilitate eligibility for funds to rebuild homes damaged by Hurricane Harvey or other assistance: #31 2nd Avenue North, #26 2nd Avenue North, and 1317 2nd Avenue South.

These properties are located within the IBD and therefore cannot be rebuilt on.  The homes were affected by Hurricane Harvey and there are funds available through the Fuller Center (a non-profit) organization, to rebuild the homes.  Similar to the Hurrican Ike grant that the TCEDC participated in a few years ago, the plan is to exchange lots the TCEDC has acquired through the PIT program or other means that are not needed by the City or the TCEDC for any other purpose so the individuals can have their homes rebuilt.