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Economic development group prepares for possible litigation

042712 Direct Energy logoNick Todaro, nick@ennisdailynews.com

The city’s economic development arm is mirroring the city commission’s approach to dealing with the default of the economic incentives agreement with Direct Energy.

The Ennis Economic Development Corporation retained legal counsel from Nichols, Jackson, Dillard, Hager and Smith, a Dallas-based governmental law firm, to ready for possible litigation against the company, which closed down operations here in the fall. That closure defaults on a 20-year agreement with the EEDC to occupy the land granted to the company as part of the incentives package to operate an industrial facility in Ennis.

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Posted by on Jan 9 2013. Filed under City news, News. You can follow any responses to this entry through the RSS 2.0. Both comments and pings are currently closed.

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