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GOLIAD – Goliad city officials expect repayment for an economic development incentive given to a company that never opened.
Goliad’s economic development board, the Municipal Development District, voted Monday to send a second demand letter to Alvin and Stephanie Welch, who were awarded a $32,000 loan in March.
The loan was intended to be used to purchase a forklift, equipment and supplies along with display fixtures and renovation of the store location. However, there is no store location, and none of the materials have been purchased.