The Denton Economic Development Partnership Board convened on May 14, 2025, to discuss key infrastructure investments and future agenda items. The meeting highlighted the importance of strategic spending on infrastructure, particularly referencing the recent investment in Western Boulevard, which included road and water line improvements. Board members emphasized that such investments could yield significant returns in job creation and economic growth, suggesting that the city should continue to prioritize these types of projects.

During the meeting, it was noted that the city spent considerable funds on the road and water line, which could potentially lead to millions of square feet of development. This discussion underscored the need for proactive planning to maximize the benefits of infrastructure investments.

Looking ahead, the board outlined several agenda items for the upcoming June meeting. These include a review of water infrastructure, additional incentives pending due diligence, and a proposal to roll over expiring incentives from the catalyst fund to the general fund. The city council had previously recommended this rollover, and the board is in the process of drafting an ordinance for individual consideration and council adoption.

Additionally, the board discussed the annual evaluation of incentives through the budget process, allowing for the potential rollover of expired incentives. This approach aims to ensure that the estimated growth of approximately $9 million over the next nine years can be effectively managed.

The meeting concluded with an update from the utility department regarding commercial deposits for utility accounts, indicating that further information would be provided soon. Overall, the discussions reflected a commitment to fostering economic development through strategic infrastructure investments and effective management of city resources.