The Fulshear Development Corporation adopted Resolution FDC 2025-06 on Oct. 20, 2025, approving the corporations small-business grant program and declaring the resolution effective upon adoption.
Staff told the board the draft had been revised after legal review to reduce the finalization period from up to 364 days down to 120 days and to require applicants to report new full-time employees as part of the application. A staff presenter said those were the only substantive legal edits requested.
Board members debated program design and conflict-of-interest safeguards. Deborah (board member) urged support for small businesses and observed that "if you forget that you have small businesses, you lose your community," emphasizing the programs role in preserving local character. Other members asked whether the program would delay projects because the program is reimbursement-based and requires no work to begin prior to grant approval for reimbursement eligibility. Staff said reimbursement is traditional and intended to ensure public funds are spent on completed, eligible work.
A motion to adopt Resolution FDC 2025-06 passed on a voice vote with one board member recorded as opposed; staff said the resolution would be effective on the date of approval and that the initial program budget is $50,000. Board members asked staff to monitor implementation and return with suggested refinements if issues arise.
Key program details: the program is reimbursement-based; applicants cannot seek reimbursement for work begun before grant approval; legal edits require grant award finalization within 120 days; program eligibility follows typical national small-business grant stipulations cited in the packet (for example, caps on number of franchise locations), and the program was budgeted at $50,000 for the initial period.