Foundation that funded old DHS demolition wants money back

By  | 

DENISON, Tex. -- The foundation that helped pay for the demolition of the old Denison High School wants their money back.

The Smith Foundation wrote a letter to the city of Denison asking to be refunded the $300,000 they originally gave.

Foundation members say the grant was specifically meant to be used for the complete demolition of the old high school.

Since the original 1913 structure is still standing, they say the money was not used for its intended purpose.

City officials say they are working on the refund process.

Denison council meets

Tax revenue is on the rise in Denison, and city leaders hope to lower the tax rate by two cents.

The city council held a special meeting Wednesday night. It's the first of two public hearings on the issue.

Texas law requires cities to give public notices when tax revenue increases because the state considers increased revenue as increased taxes even if the rate hasn't been raised.

Comments are posted from viewers like you and do not always reflect the views of this station. powered by Disqus