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Keene board rejects offer on 526 Walden Ridge after executive session; appointment tabled

Keene Type B Economic Development Corporation / City Board · November 19, 2025
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Summary

Following an executive session under the Texas Open Meetings Act, the board moved to reject a letter of intent to purchase approximately 5 acres at 526 Walden Ridge owned by the EDC; the board also tabled a Type B board appointment pending more information.

The Keene Type B board convened an executive session pursuant to the Texas Open Meetings Act (chapter 551 of the Texas Government Code) to deliberate a proposed real‑property transaction: a letter of intent to purchase approximately five acres at 526 Walden Ridge owned by the EDC/Type B board.

After returning from executive session, the board moved to reject the offer for the Walden Ridge parcel; the motion was moved and seconded and the chair announced the motion passed. Staff said no other executive‑session actions were taken and the board will proceed with a counteroffer process consistent with legal guidance.

Separately, the board reviewed applications for one vacancy on the Type B board (Alma Davila, Chuck Easley, Bud Finley and Philip Jackson were listed). Staff reported only one new application had been received since the last meeting and that counsel’s new policy may affect one applicant’s eligibility; the board voted to table the appointment until further information is available. The board scheduled an executive‑session reading at 04:30 and reconvened at 04:38 to take the described actions.