(KLZA)-- During the Monday night Falls City Council meeting, Falls City Economic Development and Growth Enterprise Executive Director Lucas Froeschl informed the Council that in the past quarter, there was an investor that agreed to purchase a property within the development area, but he said the deal fell through.

Froeschl said that EDGE continues to investigate prospects to possibly locate in the development area. He said it is important to get the right prospect for the site.

Froeschl noted that EDGE has a goal to break even on the project and get a service that is good for the community in place.