The annual meeting of the Altus Southwest Area Economic Development Corporation or EDC Board of Directors was held noon Thursday at the city hall council chambers.
The EDC sought proposals from organizations or activities seeking promotional funds to increase tourism and convention visitors to Altus for fiscal year 2007 from July 1 , 2016 through June 30, 2017.
The amount requested was $159,530.50 and the amount granted was $90,000.
“The quality of the requests was outstanding and it is exciting to see what is going on in Altus,” said EDC President Dr. Rick Henry.
The lease agreement was approved with the Jackson County Commissioners for the Jackson County Expo Center at 300 Todd Lane for fiscal year 2007.
“We have seen growth in the use of the center and are brainstorming on hosting a possible agricultural expo and have talked about a few positive changes and improvements in the future,” said Brian Bush, EDC director.
Kimberly Ferr of Lawton was approved as the new internal auditor for the EDC. Ferr is an auditor for other nonprofit organizations.
James Howard of Architects in Partnership or AIP from Norman gave a PowerPoint presentation on the Altus Industrial Park Study impact on the community and the environment.
The board approved the May board meeting minutes, payables and claims.
Altus Public Schools Superintendent Roger Hill was approved to be on the EDC board as the school system representative for another two-year term.
The EDC also renewed an Economic Development Consulting Services contract with the Altus Chamber of Commerce for fiscal year 2017.
Reach Mary O. Esparza at 580-482-1277, ext. 2077.