The board of directors of the Sherman Economic Development Corp. will consider the corporation’s financials for the last quarter during its regular meeting Tuesday at 7:30 a.m. at the SEDCO office, 307 W. Washington St., Suite 102.
The board will consider SEDCO’s incentive schedule, investment report and financials for the quarter that ended on Sept. 30. It will then go into a closed, executive session to discuss 10 economic development projects and real property on four other projects.
The board will also discuss personnel matters during the executive session, which may be related to the ongoing search for a new president, following the retirement of former President John Plotnik earlier this year.
Following the executive session, the board will return to an open meeting to take any actions deemed necessary and to receive an economic barometer report and business retention and expansion update from SEDCO staff.