The Herald Banner, Greenville, TX

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March 27, 2014

Board meeting again on development prospects

GREENVILLE — The Greenville Board of Development/4A Corporation s scheduled again this week to talk about some potential economic development prospects.

The Board is set to meet in a special called session in order to conduct discussions on eight companies and/or projects during a closed door session.

The meeting is scheduled for 3 p.m. Friday in Suite 804 of the Paul Mathews Exchange Building, 2500 Stonewall Street.

The Board intends to convene under Texas Government Code Section 551.087: (1), which allows for “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; (2) Deliberate the offer of a financial or other incentive to a business prospect.”

The potential economic development projects, identified by code names as negotiations continue with the businesses,  which may be considered during the executive session, include projects Splash, Rounder, Retread, Rhubarb, Shale-2, Sprockett, Focus and EDC Land.

Project Splash refers to the Canton-based Splash Kingdom, which has begun building the company’s fourth water park as part of the Greenville Towne Center.

Should the Board decide to take action on any of the items discussed under the executive sessions, it would return to open session in order to do so.

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