The nation’s first state-administered gold depository is heading to Leander-but later than originally planned.
The Leander City Council has approved a request from Lone Star Tangible Assets (LSTA), the company facilitating the location of the Texas Bullion Depository, to push the start date of operations from Aug. 31, 2019, to no later than Feb. 29, 2020.
The state comptroller’s office selected LSTA to build and operate the nation’s first state-administered gold depository in Leander.
The Texas Bullion Depository has been temporarily running at an Austin location since June. The depository allows customers nationwide to store gold and precious metals.
This story originally published by Strategic Partnerships, Inc.
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