Page 296 - City of Mansfield FY22 Operarting Budget
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Multi-Year Summary
Economic Development Construction Fund
Budget Budget Budget Budget Budget
Economic Development 2021-2022 2022-2023 2023-2024 2024-2025 2025-2026 Total
Prior Year Funding 109,078 - - - - $ 109,078
Britton Road from Miller to Holland 500,000 - - - - 500,000
Lonestar Road 200,000 - - - - 200,000
2nd Avenue 250,000 - - - - 250,000
Total $ 1,059,078 $ - $ - $ - $ - $ 1,059,078
Major FY 2021-2022 MEDC Projects
$950,000 – Roadway Improvements
MEDC will contribute $950,000 to the Streets capital improvement program to expand existing roadways.
These include Britton Road, Lonestar Road, and 2 Avenue.
nd
$109,078 – Completion of the Mansfield International Business Park
The Mansfield International Business Park is 155 acres of planned development for clean manufacturing
and/or distribution. Design and infrastructure improvements began in FY19 and will continue into FY22.
As of July 2021, 77 acres of the business park are available for development.
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