Brownwood City Council members approved action Tuesday to assist three businesses and the developer of a planned housing addition.

Council members will ratified the Brownwood Economic Development Corporation’s earlier approval to loan the Kennedy Tire Co. $75,000 to complete the renovation of a building the company has bought.

The building is at 3423 Milam Dr. in the Camp Bowie Industrial Area, and owner Dean Kennedy plans to relocate his tire distribution business to the building.

The BEDC approved a five-year loan to be repaid with new or existing full-time jobs, at the rate of $2,000 per job annually. Kennedy has eight full-time employees and plans to add new employees.

The council authorized Mayor Bert Massey’s signature on an option agreement with Barr Fabrication LLC. The BEDC earlier approved an option agreement to sell eight acres in the Brownwood Industrial Park District to the company for $5,000 per acre.

The company plans to expand its manufacturing operations and locate its transportation company to the site.

Council members also authorized Massey’s signature on an option agreement with American Medical Waste Management Inc.

The BEDC earlier approved an option agreement to sell 3.8 acres in the industrial park district to the company for $5,000 an acre. The company has several contracts with hospital, medical clinics and private employers to dispose of their medical wastes. The company, headquartered in Gatesville, will hire 10 workers and build a 10,000-square-foot building on the site.

There is no incineration, so there are no air emissions, council members were told. Waste is placed in an enclosed grinder system and taken to the landfill.

Council members authorized the city to participate in the development of water, sewer, streets and drainage in the Banks of the Bayou addition.

The city will provide labor and equipment to construct infrastructure for the addition, which will be located along Riverside Park Drive and the Pecan Bayou.

Developer Bob Garrett is responsible for the infrastructure improvements related to the development, and the city can assist Garrett by installing water and sewer lines, with Garret paying the material costs and rental of a trencher.

The benefits to the city are the upgrading of more than 1,200 feet of the 18-foot-wide park road to a 37-foot-wide street, with improved drainage, upsizing of the existing sewer line and replacement of an old water line, council members were told.

In other business, council members:

Recognized volunteer police Chaplain Letha Warden for her seven years of service. Massey presented her with a plaque. Recognized the city’s new marshal, Dean Kilburn, who began work in September and replaced Butch Dempsey, who retired. Approved a resolution changing the name of a section of Grey Fox Trail to Red Fox Trail. Approved an ordinance on first reading changing the speed limit on Market Place Boulevard from 30 mph to 40 mph, beginning 1,450 feet north of Clements Street to Houston Street. Ratified the mayor’s appointments of Jerry Spain to the Zoning Board of Adjustments, and councilman Jerry DeHay to the EMS Advisory Oversight Committee. Awarded a bid of $63,032 to Big County Ford of Brownwood for three police cars. The price includes three trade-ins. The dealership had the lower bid of the two bids received.