San Marcos Mercury | Local News from San Marcos and Hays County, Texas

Amegy Bank National Assocation

Thursday, January 20th, 2011

Stone Creek foreclosure may cost taxpayers ‘not a penny,’ officials say

Responding to simmering popular indignation over an economic development subsidy for a major shopping center now in foreclosure, San Marcos officials on Thursday said the property's owners have received "not a penny" in taxpayer money to-date and may never be eligible for any.