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News

Bastrop EDC Reverses the Action to Repurchase 3.745 Acres in the Bastrop Business and Industrial Park

FOR IMMEDIATE RELEASE

Contact:  
Shawn Kirkpatrick
 
Executive Director
 
(512) 303-9700
 

 

 

 

Bastrop, Texas, January 5, 2018 – The Bastrop Economic Development Corporation met in a special meeting on January 4, 2018, to reconsider the repurchase of 3.745 acres in the Bastrop Business and Industrial Park. Following a presentation of the available options for the EDC Board to reconsider and executive session, Executive Director Shawn Kirkpatrick apologized to the Board and community for failing to provide an accurate and complete synopsis of the Good Soul Brewing (GSB) agreement at the Board’s December 18, 2017 meeting. His misstatement during the December 18th meeting provided an opportunity for the Board to take action to authorize the repurchase and necessary budget amendment with inaccurate information. “I extend my sincerest apologies to the Board and community for my error on December 18th. I failed to perform at the level expected by the Board, community and myself,” said Kirkpatrick. “It is my full intention to rebuild the trust of the Board and community in my work and that of the EDC.”

The Board of Directors approved the revocation of EDC Resolution 2017-0026 (repurchase of the GSB 3.745 acres) and EDC Resolution 2017-0027 (amendment to the EDC budget in an amount of $200,000). Cam Chavez, EDC Board Chair, addressed the issue stemming from the December 18th meeting and provided the following additional statement: “With the revocation of both resolutions, the EDC Board has corrected the action from the December 18th meeting. At the January 22, 2018 Board meeting, the EDC Board will discuss and implement the necessary corrective action plans to avoid future decisions based on inaccurate or incomplete information. The EDC Board is committed to being open and transparent to the public, properly informed regarding matters coming before the Board, and taking actions in the best interest of the community.”

The next regular EDC Board meeting is scheduled for January 22, 2018 in the City Council Chambers beginning at 5:00 p.m. 

About the Bastrop Economic Development Corporation
Established in 1995, the Bastrop Economic Development Corporation (BEDC) enhances the quality of life in Bastrop, Texas by advancing the investment, development, growth and relocation of companies within the area. In addition to providing appropriate infrastructure, it promotes and supports economic development in the community that offers the people of Bastrop sustainable, meaningful and rewarding employment opportunities, and greater access to desirable goods and services. Visit http://bastropedc.org.

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