Greg Spiro, of National Recreation Properties, Inc., met with Washington County Commissioners in July to discuss his firm's plans for development in southeastern Washington County.

Describing NRPI as a fully integrated company that develops properties across the U.S., Spiro who is Executive Vice President with the company, said the business started out as property liquidators, but has grown into a land acquisition/development company.
Currently NRPI is active with NRP of Sunny Hills, LLC, and want to develop and sell 7,200 lots in Sunny Hills.

Spiro approached the County about advertising an ordinance to allow them to float bonds for development of infrastructure for the units they purchased in Sunny Hills. Spiro said their company's attorney is already working with County Attorney Gerald Holley (who was not present at the meeting) and they hope to have everything in line by the first of the year.

County Administrator Peter Herbert said the funds generated by the bond sale would be used to put in roads, water and sewer in the yet to be developed property. He said all the County will do is adopt the ordinance to form a dependent district where the funds will be designated for use. He said the developers will then attach the cost of the infrastructure to the development and those purchasing the property will cover the payment costs of the bonds.

Discussion of the ordinance will come up again at the Aug. 14th recessed meeting set by the board.