Rust claimed the project would have included an investment of $200 million and the creation of 400 jobs, but he maintained that he still does not know the name of the company. Earlier Rust told the Northwest Arkansas Times that company would have employed 200 people, but now he claims he lost 400 jobs.
The city doesn’t have its own master plan for economic development. Rust told aldermen that the competitive nature of economic development requires a private organization, such as FEDC, that can operate outside the public eye and is not subject to the Freedom of Information Act. That way, nosy citizens, public officials, and reporters could have no information about what the group is trying to do in our community. In an email, Rust bragged that “our decision to give ‘some’ information to the local paper in an effort to keep them from digging, has worked.” Everyone should expect more deceptive actions like that in the future.
Rust said the governing body of the FEDC includes Mayor Dan Coody, Phillip
By the way, I almost landed a major employer with 600 high tech jobs. I don't know the name of the corporation, and I wouldn't tell you if I knew. Keep paying me.