In the near future, Texas A&M and system officials will have more details about a $355 million dollar student housing complex on the west campus.
At the last Brazos County commission meeting, approval was given to support a public-private bond issue to build more than 3,400 beds.
County Judge Duane Peters says while the county was required to consider the revenue bonds, the county has no financial stake.
Commissioner Kenny Mallard voted against the bonds, according to minutes of the meeting, after learning no property taxes would be collected. Peters says the appraisal district will have the final say.
According to the public notice given for the proposal, the location of the 48 acre complex is bordered by George Bush Drive, Penberthy Road, Luther Street West, and Marion Pugh Drive.
Click HERE to read the agreement approved by the Brazos County Commissioners Court.
Click below for comments from Duane Peters, visiting with WTAW’s Bill Oliver.
