The Stephenville Economic Development Authority will consider the possible sale and renovation of Lone Star Arena when they meet at 11:30 a.m. Thursday.
The board is expected to discuss possible financial assistance in the amount of $1.2 million for infrastructure and related improvements to Lone Star Arena.
SEDA Executive Director John Hubbard said there are several individuals and groups interested in the purchase of Lone Star Arena, including a possible consortium of SEDA and other entities.
One of the interested parties is Cody Johnson, owner of Twisted J Apparel, who said if he ends up purchasing Lone Star Arena, he will use SEDA money to make improvements to the facility.
Source: Local News