Economic Development Boards
Applications for the Northlake Community Development Corporation (CDC) and Northlake Economic Development Corporation (EDC) are open now through June 15, 2020. Applications must be returned to Shirley Rogers no later than 5:00 pm on June 15, 2020 via email at email@example.com or in person at Town Hall, 1500 Commons Circle Suite 300, Northlake TX 76226.
Economic development corporations are legal entities with the statutory authority to spend economic development sales tax dollars. The corporations are town-chartered and governed by a town-appointed board of directors. The corporations are referred to by the type of economic development sales tax uses approved by the voters, Type A and Type B. Northlake has two economic development corporations with a half cent sales tax dedicated to each. The Northlake Economic Development Corporation (EDC) is the town’s Type A corporation, and the Northlake Community Development Corporation (CDC) is the town’s Type B corporation.
*Type A and Type B were formerly referred to as 4A and 4B. The section numbers used to identify the two different types of EDCs changed effective April 1, 2009 as the Development Corporation Act was codified into the Local Government Code.