The Herald Banner, Greenville, TX

January 20, 2014

Development board welcoming new members

Herald-Banner Staff

GREENVILLE — The Greenville Board of Development/4A Corporation intends to welcome its newest members this week, when it meets for its first regular session of the year.

The board also plans to select its officers during the meeting, starting at 11:30 a.m. Tuesday in Suite 804 of the Paul Mathews Exchange Building, 2500 Stonewall Street downtown.

Last month the Greenville City Council voted to appoint Mike  Kubacak to Place 2 on the board, Randy Tarpley to Place 1 and Holly Gray to Place 3. The council also named Place 4 board member Warren Weeks as Chairman.

The board may also be taking another look at more than a dozen potential economic prospects, which are scheduled to be discussed in executive session during Tuesday’s meeting.

A total of 13 prospects — which are identified under code names while negotiations are under way between the board and the businesses — are scheduled to possibly be considered 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.”

The prospects have been identified as Rounder, Retread, Ribbon, Renew, Cotton, Westside, Bread, Whistle, Dock, Prairie, Shale-2, D4 and Silo.

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 in executive session, it would return to the regular meeting in order to do so.