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Odessa development board outlines water, investment and compliance priorities as major projects surface
Summary
At a meeting of the Odessa Development Corporation, board members and economic development contractors formed an industrial water task force, reviewed legal authority to fund infrastructure, discussed compliance/audit processes for grants and reported increased applications including a pediatric clinic facade grant and a prospective data center.
The Odessa Development Corporation held a session to review its mission, investment approach and grant compliance procedures while updating the board on active projects and near-term prospects. Speaker 1 opened the meeting by stressing the ODC’s long-running mission "to create jobs, grow the tax base and diversify the economy," and introduced Jeff Moore as the legal counsel expected to speak later.
The board said it has formed an investment committee that will review investment returns quarterly and has added three new priorities to the general development plan. Speaker 1 also announced an industrial water task force — naming Peggy Dean, Ronnie Phillips, Gary Hanger, John Landgraf and Tommy Irving — to secure additional sources of industrial water and to evaluate return on investment before any commitments are approved.
Legal authority and limits were a central theme. A presenter (Speaker 4) reviewed Local Government Code provisions…
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