A request by Lawn Rescue for business assistance has been approved by the Henrietta Growth Corp., and will now be brought before the Henrietta City Council Monday, Feb. 13.
Lawn Rescue is a Wichita Falls lawn service company recently purchased by Kevin Scholl of Henrietta. Scholl has plans to relocate the business to Henrietta, and is asking for $5,500 in matching funds to complete the move. The monies will be used to build a metal structure for housing equipment and supplies.
The grant, as approved by the HGC will be incentive-based. If the company meets expectation, the grant will be forgiven at the rate of 20 percent annually over a period of five years.
The request was first brought to the board Jan. 30. Initially, the board took no action until it was decided that Henrietta would receive sales tax even if customers were located in another municipality.
During last week’s meeting, Henrietta Economic Development Director Rick Langford said Lawn Rescue grosses approximately $70,000 per year, an amount projected to increase by $15,000 in two years. The business will create three part-time jobs for Henrietta.
In his report to the board, Langford said he Rick Bells and Tracy Smith of the Country Meadows addition are expected to request an extension to purchase more lots between Henrietta High School and Western Estates. The developers held first right to the land, which expired in November. Langford said they discussed plans to build more homes when the housing market improves.