NEWS HEADLINES

EDC seeks new director

By Kristen Tribe | Published Saturday, August 17, 2013

Decatur Economic Development Corp. is hanging out the help wanted sign.

The board Thursday accepted the resignation of Director Jody Adams and approved starting the process to seek his replacement.

“I think you’ve all seen his letter, and we hate to see that,” said Board President Andrew Sandford. “But we wish you the best.”

Adams’ last day was Friday, and board members agreed to seek candidates with previous EDC experience to fill the post. Roy Eaton and Jason Wren will head the search committee.

In other business, the EDC approved a $1.2 million budget for fiscal year 2013-2014, which includes $690,318 debt service and $222,675 grant expense. The budget will be presented to the city council in September for its approval.

City Manager Brett Shannon reported that the EDC’s sales tax income stands at $1,240,228 for the year – $40,228 more than what the EDC had budgeted for the entire fiscal year.

Board members also approved a funding request from Tarleton University Small Business Development Center. A center representative has been traveling to Wise County for some time, providing counseling on a variety of topics for prospective business owners.

Adams said the center has lost some funding and is requesting that the Decatur and Bridgeport EDCs help pay the travel expenses of the representative from headquarters in Granbury to Wise County. The center will bill the EDCs quarterly for mileage, and it is not to exceed $1,300 per year.

Adams also said he’s been working on a bid for a new project, “Socrates.” No details were discussed, but he said the deadline for submittal is next week. He assured board members he would continue work on the project to make sure all necessary information is collected and it’s submitted correctly.

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