Meet Your Future Partner: the Greenville Board of Development
The Greenville, Texas, Board of Development (GBOD), Type A Sales Tax Organization, is dedicated to attracting new business, and fostering existing companies in the region.
The Greenville Board of Development (GBOD) is an economic development corporation supported by the City of Greenville. It is made up of seven board members, appointed by the city council, and holds monthly board meetings that are open to the public.
Greenville is a city of 32,000 residents, located just northeast of Dallas. It has access to a labor force of 2.5 million within a 50-mile radius. Greenville is a leader in Hunt County, and a rapidly growing city in the Dallas-Forth Worth Metro Area. It is within an hour of the third-largest airport in the country, (DFW).
Greenville balances a high quality of life with a desirable location, and strong manufacturing infrastructure. GBOD strives to produce long-term, sustainable growth, which benefits residents and companies alike. Thanks, in part, to GBOD's efforts, Greenville is a place where people want to live and where companies want to do business.
The Greenville Board of Development works closely with the City of Greenville and the local Chamber of Commerce. It has several local utility and legislative partners. Let GBOD make moving your business to Greenville easier.
GBOD Celebrates 84 Years in Economic Development
The Greenville Board of Development has had an economic development presence in the region since June 1941, when the City Council passed an ordinance to vote on approving a Charter amendment to create the Board of Development. Here is an excerpt from Charter Section 22:
“There is hereby created a Board of Development in the City of Greenville which shall devote its time and effort for the purpose of promoting the growth and development of the City of Greenville…”
In August 1941, the Council authorized the City Clerk to set up a separate account in the City’s books, to be known as the Board of Development Fund. At the same Council meeting, the Council authorized the first transfer of funds, $575.00, from the Public Utility Fund to BOD — the total net profits from the utility provider for the past month.
One of the first projects was to transfer $3,000 to the Airport Fund to purchase additional land that would be owned by the City of Greenville after the end of WWII.
Today, The Greenville Board of Development strives to live up to its 84-year reputation as responsible stewards of city funds, to grow business opportunities for residents of this region. GBOD has always been a close partner of existing businesses, and has done its best to make Greenville thrive.
