The Herald Banner, Greenville, TX

September 15, 2013

Board talking prospects again

Herald-Banner Staff

GREENVILLE — The Greenville Board of Development/4A Corporation intends to take another look this week at almost a dozen potential economic prospects.

Two of the projects which are scheduled to be discussed in executive session include a proposed local water park and an industry moving into the former Lance plant.

The Board plans to discuss as many as 11 prospects during an executive session as part of Tuesday’s meeting, starting at 4 p.m.  in Suite 804 of the Paul Mathews Exchange Building, 2500 Stonewall Street downtown.

Splash Kingdom has proposed building a water park in Greenville, as part of the Greenville Towne Center Development.

Last month, Greenville Board of Development President and CEO Greg Sims said the negotiations were getting closer to wrapping up concerning project, which has been the works since last fall.

The Splash Kingdom proposal has been referred to under a code name of “Project Splash” as negotiations with the company have continued.

Project Splash is included among 10 prospects which are scheduled to be discussed Tuesday under Section 551.087 of the Local Government Code, which allows for a “discussion or deliberation regarding commercial or financial information that the governmental body has received from a business prospect that the governmental body seeks to have locate, stay, or expand in or near the territory of the governmental body is conducting development negotiations.”

Another of the prospects, Project Peary, refers to last month’s announcement that International Grains and Cereal LLC will initiate manufacturing operations in Greenville inside the former Lance plant on State Highway 66.

Under the same section the Board is also scheduled to discuss projects Rounder, Raze, Cotton, Nugget, Downtown-Treadway, Rhubarb, Downtown Four-Star and Socrates 100.

All of the above prospects, along with a prospect code-named EDC Land, are also set to be considered under Section 551.072, which allows the Board to “deliberate the purchase, exchange, lease, or value of real property if deliberation in an open meeting would have a detrimental effect on the position of the governmental body in negotiations.”

Should the Board decide to take any action on any of the items discussed today in executive session, it would return to the regular meeting in order to do so.