Getting to Know
THE TAYLOR EDC
April 2011
316 N. Main Street, Taylor, TX 76574 | (512) 352-4325 | info@tayloredc.org | www.tayloredc.org
Confidential © 2009 City of Taylor, TX. All rights reserved.
WHO IS THE TAYLOR EDC?
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4A / Type A Non-profit corporation created by Taylor voters in 1994
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Funded by one-fourth of the local sales tax ($.005 per $1.00)
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Distinct entity than the City with separate staff and budget
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Five Board Members are appointed by City Council for 3-year terms
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City Council also must approve our budget. Current operating budget of
$750,000 (approx.) for FY2010-11.
Confidential © 2009 City of Taylor, TX. All rights reserved.
WHO IS THE TAYLOR EDC?
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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
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For all practical purposes, we are treated by the State of Texas as a
private, non-profit entity.
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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.
Confidential © 2009 City of Taylor, TX. All rights reserved.
BOARD AND STAFF
Board of Directors
Christine Lopez, Chair
Nancy Tyson, Vice Chair
Clark Jackson, Treasurer
Cordell Bennigson, Director
Kelly Cmerek Tyson, Director
Term Expires January 2012
Term Expires January 2013
Term Expires Jan. 2012
Term Expires Jan. 2014
Term Expires May 2014
Staff
Jason Ford, President/CEO
Linda Wentrcek, Vice President
Judie Gustafson, Programs Manager
Carrie Orts, Office Coordinator
Confidential © 2009 City of Taylor, TX. All rights reserved.
OUR MISSION
The mission of the Taylor Economic Development Corporation is to
improve the economic climate for the Taylor community.
Confidential © 2009 City of Taylor, TX. All rights reserved.
FOUR KEY PRIORITIES: 2008-2011 BOARD GOALS
1. 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.
2. 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.
3. 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.
4. 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.
Confidential © 2009 City of Taylor, TX. All rights reserved.
WHAT WE DO
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ADVOCATE to create a positive business climate.
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MENTOR AND COUNSEL small businesses and entrepreneurs.
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COORDINATE LOCAL REAL ESTATE SITE LOCATIONS for existing buildings and
undeveloped land sites
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FACILITATE INCENTIVES for retention of existing jobs and creation of new jobs;
we work with city, county, school districts, state and federal agencies.
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DEVELOP INDUSTRIAL PROPERTY through our two business parks totaling 148-acres
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PROMOTE & MARKET the community to improve the image and awareness of Taylor.
Confidential © 2009 City of Taylor, TX. All rights reserved.
WHO WE CAN ASSIST
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The Taylor EDC is limited by State Statutes on the types of companies we can assist.
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EDC projects must result in the “creation or retention of primary jobs.”
PRIMARY JOB: A job that is available at a company for which
a). The majority of the products or services of that company are ultimately
exported to regional, statewide, national or international markets ; and
b). Is included in one of the following qualified North American Industry Classification
System (NAICS) sector codes.
Confidential © 2009 City of Taylor, TX. All rights reserved.
QUALIFIED INDUSTRIES BY NAICS CODE
As defined in the Development Corporation Act of 1979, As amended.
NAICS Sector Number Description
11
211-213, 221
331-330
42
48-49
51
523-525
5413- 5419
551
56142
922140
928110
Agriculture
Mining and Utilities
Manufacturing
Wholesale Trade
Transportation and Warehousing
Information (excluding 512131 and 512132)
Securities, Commodity Contracts, and Other Financial Investments and
Related Activities; Insurance Carriers and Related Activities; Funds,
Trusts, and Other Financial Vehicles
Scientific Research and Development Services (excluding 5414 and 5418)
Management of Companies and Enterprises
Telephone Call Centers
Correctional Institutions
National Security
SOURCE: The Texas Economic Development Sales Tax (2009) Primer for Local Officials – Texas Economic Development Council.
Confidential © 2009 City of Taylor, TX. All rights reserved.
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:
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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.
Confidential © 2009 City of Taylor, TX. All rights reserved.
HOW WE CAN HELP
FINANCIAL ASSISTANCE
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PROVIDE LAND-GRANTS to qualified employers or projects
PROVIDE INFRASTRUCTURE-GRANTS for existing & new properties
PROVIDE FAÇADE-GRANTS for historic properties (for primary employers only)
PROVIDE FORGIVABLE LOANS for equipment and relocation assistance
ASSIST companies to secure incentives from other local and state agencies
NON-FINANCIAL ASSISTANCE
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IMPROVE YOUR WORKFORCE by working with our key partners in education to provide
off-the-shelf or employer-customized training programs.
EDUCATE LEADERS on policies, procedures or outcomes which assist companies to
create or retain primary jobs. Lobbying is not allowed.
FACILITATE PLANNING & PERMITTING processes with local and state agencies to
minimize problems and delays on projects.
Confidential © 2009 City of Taylor, TX. All rights reserved.
WHO TO CONTACT
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JASON FORD – PRESIDENT/CEO
512/ 352-4321
jasonf@tayloredc.org
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LINDA WENTRCEK – VICE PRESIDENT (EXISTING BUSINESSES)
512/ 352-4316
lindaw@tayloredc.org
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JUDIE GUSTAFSON – PROGRAMS MANAGER (MARKETING & NEW BIZ)
512/ 352-4325
jgus@tayloredc.org
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CARRIE ORTS – OFFICE COORDINATOR
512/ 352-4325
carrieo@tayloredc.org
Confidential © 2009 City of Taylor, TX. All rights reserved.