Sherman Development Plans - KTEN.com - Texoma news, weather and sports

Sherman Development Plans

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     A number of things were talked about at Monday night's meeting:everything from construction projects to a new power plant coming to Sherman.
     Michelle Gillespie reports that the main idea of Monday's meeting was that Sherman is developing and Mayor Bill Magers wants to be prepared for it.
     One of the big issues was the proposed widening of Lamberth street west of F.M. 1417 and Heritage Parkway.
     A number of residents were there to speak out against it saying the widening of the street would overlap onto almost a third of their property and they weren't happy about it.
     Mayor Bill Magers says it's all in the name of development.
     The other issue had to do with tax incentives designed to attract business to Sherman. 
    "We are incenting businesses to come here so both Panda Energy and Carrus Medical Center, a new facility on Highway 82 are being considered for tax abatement so we're going to discuss that at a public hearing," says Mayor Magers.
     That public hearing is scheduled for July 20.
     Of course the plan to build the plant was announced in March of last year.
     The project is designed to generate hundreds of jobs, be a major boost for the local economy, not to mention, be one of the eco-friendliest power plants in the nation.

     The specifics on those proposed tax breaks for incoming businesses will be discussed in that public hearing in two weeks. Magers says he's excited at the opporunities and expansion this will bring to the city of Sherman.