SHERMAN -- After meeting in closed, executive session at 7:30 a.m. Tuesday at 307 W. Washington, Suite 102 to discuss two possible economic development incentives, Sherman Economic Development Corp. Board of Directors will elect its officers for the next year at 8 a.m.

On the closed session agenda are discussions of real estate incentives for Project Daylight and economic development incentives for Austin College's proposed new science complex, IDEA Center.

Board members will hear their usual monthly reports: President's Report, Economic Barometer, Financial and the Joint Marketing Committee. Then they will elect the new officers.