1 / 12

316 N. Main Street, Taylor, TX 76574 | (512) 352-4325 | info@tayloredc | tayloredc

Getting to Know THE TAYLOR EDC April 2011. 316 N. Main Street, Taylor, TX 76574 | (512) 352-4325 | info@tayloredc.org | www.tayloredc.org. WHO IS THE TAYLOR EDC?. 4A / Type A Non-profit corporation created by Taylor voters in 1994

patty
Download Presentation

316 N. Main Street, Taylor, TX 76574 | (512) 352-4325 | info@tayloredc | tayloredc

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Getting to Know • THE TAYLOR EDC • April 2011 316 N. Main Street, Taylor, TX 76574 | (512) 352-4325 |info@tayloredc.org |www.tayloredc.org

  2. WHO IS THE TAYLOR EDC? • 4A / Type A Non-profit corporation created by Taylor voters in 1994 • Funded by one-fourth of the local sales tax ($.005 per $1.00) • Distinct entity than the City with separate staff and budget • Five Board Members are appointed by City Council for 3-year terms • City Council also must approve our budget. Current operating budget of $750,000 (approx.) for FY2010-11.

  3. WHO IS THE TAYLOR EDC? • Quasi-governmental, subject to open-records and open-meetings laws with two exceptions for economic development: • Texas Govt Code, Section 551.087 Deliberation Regarding Economic Development Negotiations, Closed Meeting, and • Texas Govt Code, 552.110 Certain Commercial (and Financial) Information • For all practical purposes, we are treated by the State of Texas as a private, non-profit entity. • The EDC Board meets on the third Wednesday of every month at 4:30 pm in City Council Chambers. Notice posted 72-hours in advance.

  4. BOARD AND STAFF • Board of Directors • Christine Lopez, Chair Term Expires January 2012 • Nancy Tyson, Vice Chair Term Expires January 2013 • Clark Jackson, Treasurer Term Expires Jan. 2012 • Cordell Bennigson, Director Term Expires Jan. 2014 • Kelly Cmerek Tyson, Director Term Expires May 2014 • Staff • Jason Ford, President/CEO • Linda Wentrcek, Vice President • Judie Gustafson, Programs Manager • Carrie Orts, Office Coordinator

  5. OUR MISSION • The mission of the Taylor Economic Development Corporation is to improve the economic climate for the Taylor community.

  6. FOUR KEY PRIORITIES: 2008-2011 BOARD GOALS • Business Retention and Expansion – The Taylor EDC will create a favorable business climate and build economic wealth for the community by further developing a business retention and expansion (BRE) program to assist primary employers. • Business Recruitment/Development – The The Taylor EDC will create a favorable business climate and build economic wealth for the community by increasing business attraction and (targeted) promotional marketing activities which will attract at least $12 million in new capital investments and 300 net new jobs with higher than average payrolls. • Workforce Development – The Taylor EDC will develop the quality and size of a sustainable semi-skilled and skilled workforce in Taylor by investing resources in K-12 and higher education programs. • Marketing-Communications – The Taylor EDC will improve the brand image of Taylor by promoting the city as an energetic, progressive community with a good quality of life and pro-active business climate.

  7. WHAT WE DO • ADVOCATEto create a positive business climate. • MENTOR AND COUNSELsmall businesses and entrepreneurs. • COORDINATE LOCAL REAL ESTATE SITE LOCATIONS for existing buildings and undeveloped land sites • FACILITATE INCENTIVES for retention of existing jobs and creation of new jobs; we work with city, county, school districts, state and federal agencies. • DEVELOP INDUSTRIAL PROPERTYthrough our two business parks totaling 148-acres • PROMOTE & MARKETthe community to improve the image and awareness of Taylor.

  8. WHO WE CAN ASSIST • The Taylor EDC is limited by State Statutes on the types of companies we can assist. • EDC projects must result in the “creation or retention of primary jobs.” • PRIMARY JOB: A job that is available at a company for whicha). The majority of the products or services of that company are ultimately exported to regional, statewide, national or international markets; andb). Is included in one of the following qualified North American Industry Classification System (NAICS) sector codes.

  9. QUALIFIED INDUSTRIES BY NAICS CODE • As defined in the Development Corporation Act of 1979, As amended. • NAICS Sector Number Description • 11 Agriculture • 211-213, 221 Mining and Utilities • 331-330 Manufacturing • 42 Wholesale Trade • 48-49 Transportation and Warehousing • 51 Information (excluding 512131 and 512132) • 523-525 Securities, Commodity Contracts, and Other Financial Investments and Related Activities; Insurance Carriers and Related Activities; Funds, Trusts, and Other Financial Vehicles • 5413- 5419 Scientific Research and Development Services (excluding 5414 and 5418) • 551 Management of Companies and Enterprises • 56142 Telephone Call Centers • 922140 Correctional Institutions • 928110 National Security • SOURCE: The Texas Economic Development Sales Tax (2009) Primer for Local Officials – Texas Economic Development Council.

  10. TYPES OF QUALIFIED PROJECTS • Primarily manufacturing and industrial projects. Using EDC funds, we can • Acquire or pay for land, buildings, equipment, facilities, expenditures, targeted infrastructure and improvements for purposes related to: • Manufacturing and industrial facilities, recycling facilities; • Distribution centers and small warehouse facilities; • Research and development facilities; • Regional or national corporate headquarters facilities; • Primary job training facilities for use by institutions of higher education, job training classes; • Telephone call centers and data centers; • General aviation airport that is an integral part of an industrial park; • Certain infrastructure improvements, which promote or develop new or expanded business enterprises; • Port- and rail-related facilities to support inland and waterborne commerce; and • Maintenance and operating costs associated with projects.

  11. HOW WE CAN HELP • FINANCIAL ASSISTANCE • PROVIDE LAND-GRANTSto qualified employers or projects • PROVIDE INFRASTRUCTURE-GRANTSfor existing & new properties • PROVIDE FAÇADE-GRANTS for historic properties (for primary employers only) • PROVIDE FORGIVABLE LOANSfor equipment and relocation assistance • ASSISTcompanies to secure incentives from other local and state agencies • NON-FINANCIAL ASSISTANCE • IMPROVE YOUR WORKFORCEby working with our key partners in education to provide off-the-shelf or employer-customized training programs. • EDUCATE LEADERSon policies, procedures or outcomes which assist companies to create or retain primary jobs. Lobbying is not allowed. • FACILITATE PLANNING & PERMITTINGprocesses with local and state agencies to minimize problems and delays on projects.

  12. WHO TO CONTACT • JASON FORD – PRESIDENT/CEO 512/ 352-4321jasonf@tayloredc.org • LINDA WENTRCEK – VICE PRESIDENT (EXISTING BUSINESSES)512/ 352-4316lindaw@tayloredc.org • JUDIE GUSTAFSON – PROGRAMS MANAGER (MARKETING & NEW BIZ)512/ 352-4325jgus@tayloredc.org • CARRIE ORTS – OFFICE COORDINATOR512/ 352-4325carrieo@tayloredc.org

More Related