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Our City's Vision: Schertz strives to develop as a premier Texas community that promotes a family atmosphere, is sustained by foresight and innovation, and continues a long-standing commitment to economic prosperity and workforce opportunities.
The Schertz Economic Development Corporation (SEDC) broadly works to:
• Recruit new businesses
• Help existing businesses expand their operations
• Propose and analyze the impacts of incentive packages
• Assist businesses identify and connect to available resources at the local, state and federal levels
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The Schertz Economic Development Corporation (SEDC) is a non-profit organization created by city voters in 1997 under Section 4B of the Texas Development Corporation Act. Section 4B allows for the imposition of a local sales and use tax dedicated to economic development, and the SEDC funds its operation and activities with a ½ cent sales tax. The Section 4B tax is intended to give communities an opportunity to undertake a project for quality of life improvements, including economic development that will attract and retain primary employers.
Cities may use money raised by this sales tax for a wide variety of projects including land, buildings, equipment, facilities expenditures and improvements related to projects defined in Section 2 of the Act (same uses as authorized for §4A) or found by the board of directors to be required or suitable for use for:
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- professional and amateur sports (including children’s sports) and athletic facilities; tourism and entertainment facilities; convention and public park purposes and events, (including stadiums, ballparks, auditoriums, amphitheaters, concert halls, parks and open space improvements, museums, exhibition facilities);
- related store, restaurant, concession, parking and transportation facilities;
- related street, water and sewer facilities; and
- affordable housing
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To promote and develop new and expanded business enterprises that create or retain primary jobs, a city may provide:
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- public safety facilities;
- recycling facilities;
- streets and roads;
- drainage and related improvements;
- demolition of existing structures;
- general municipally owned improvements;
- maintenance and operating costs associated with projects; and
- any other project that the board determines will contribute to the promotion or development of new or expanded business enterprises that create or retain primary job
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Current Board Members
Steven White, President
James Jamison, Vice President
Mark Roberts, Secretary
Arthur Jones, Director
Roy Richards, Director
Anthony Vaticalos, Director
Harry Whitney, Director
Jim Fowler, City Council Liaison |
View Agendas and Minutes here.
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