THE SLIDELL TIMES

Property Sale Supports Textron Systems’ Planned Expansion and Ends the City’s Maintenance Responsibilities Textron Systems has completed its $3.4 million purchase of the city-owned business campus at 1010 Gause Boulevard, securing long-term control of a property where the defense contractor has operated for years. The City of Slidell announced the completed transaction on July 29. City and company representatives signed the final sale documents earlier in the month, according to the announcement. Mayor Randy Fandal said the purchase reflects Textron Systems’ continued confidence in Slidell and removes the cost of maintaining the property from city taxpayers. The city will receive $3.4 million from the sale, although officials have not announced a detailed plan for how all of the proceeds...