Sunday, November 13, 2005

In The News: Chris Peterson

Another recent story from The Eagle about Chris Peterson:

"Bryan weighs options on TIF"

By APRIL AVISON, Eagle Staff Writer

Bryan officials say they are weighing the potential benefits of investing more than $7 million in a planned senior citizens development on William Joel Bryan Parkway and Villa Maria Road.

While the development itself would be beneficial, city officials agreed, some said they aren't certain whether it's necessary to take the risk required when creating a tax increment financing district, also known as a TIF.

"We're looking at expanding commercial and residential development," Councilman Jason Bienski said. "Anytime there's that opportunity, I'm willing to look at it if it makes financial sense for the taxpayers."

Whether it makes financial sense is a question the council hopes to answer at its Nov. 22 meeting, at which a public hearing will be held on the proposed financing district.

The request came from Burton Creek Development Limited, a group of local investors that already has started building the first phase of the seniors-only residential development Briar Meadows. Fifty-eight homes are being built along Broadmoor Drive, with prices ranging from $150,000 to $200,000.

Few details have been released about the Burton Creek Development company by Chris Peterson, the attorney representing it.

"As is the case with almost all real estate ventures involving investors, Burton Creek Development Limited was formed to handle this project only," Peterson said. "However, the investors and principals involved in the development have over 75 years of experience in developments of this nature."

Click here for the full article.

Wednesday, November 09, 2005

In the News: Chris Peterson

Another story about Chris Peterson in The Eagle:

"Bryan council to review perks of tax district"

By APRIL AVISON, Eagle Staff Writer

Bryan can "jump-start development" along William Joel Bryan Parkway and Villa Maria Road, so long as the City Council is willing to invest $7.5 million into a tax increment financing district, an attorney for a local developer told city officials Tuesday.

Bryan Mayor Ernie Wentrcek said after attorney Chris Peterson's presentation that he has asked the city manager and staff members to look into the potential benefits for the city before the council commits to creating the financing district, also known as a TIF.

Click here for the full article.

Sunday, June 05, 2005

In The News: Chris Peterson

Here is another recent article about Chris Peterson from The Eagle:

"Bryan ISD’s agent of change"

By HOLLY HUFFMAN, Eagle Staff Writer

A little more than two years ago, Chris Peterson set his sights on the Bryan school board. He ran unopposed and quietly slipped into office. That may have been Peterson’s last low-key moment on the panel.

The 33-year-old father of two quickly has become known among his fellow board members for his willingness to speak his mind as, he said, he pushes for change for the better. Two years into what he has said will be his first and only term on the board, Peterson has assumed a new role — president of the board.“

Unfortunately, I have a bad habit of not being able to keep my opinion to myself,” Peterson joked during a recent interview at his College Station law office. “I like setting out a pretty high goal and trying to come up with ways to accomplish it.”

Peterson, who was named board president last month, appears relaxed in his office, discussing accomplishments from his first two years in office and plans for the next 12 months.

Leaning against the wall behind him are a handful of bright blue yard signs used earlier this year to promote the Bryan school district’s $104 million bond package. Autographed by trustees and top administrators in the Bryan school system, they almost could serve as trophies for what Peterson considers his proudest accomplishment yet — getting voters to pass the bond issue.

Click here for the full article.