Memphis considers using code names for companies getting economic development incentives

By |2018-11-16T11:47:08-06:00November 16, 2018|Categories: Tennessee Coalition for Open Government|Tags: , , , , , , |0 Comments

The Economic and Development Growth Engine Board for Memphis (EDGE) is seeking at Attorney General's opinion on whether it can use code names to keep secret from the public the identity of companies before it votes to award the companies government cash grants and other economic development incentives. Al Bright chairman of the Memphis Economic Development and Growth Engine, said if using code names for companies when voting on cash grants and incentives instead of publicly disclosing identities would encourage more businesses to come to Memphis, "by all means, we need to do it." The attorney for the board told the Commercial Appeal (Companies seeking tax breaks from [...]