Meetings

• 6:00 p.m., one to three hours in duration
• Fourth Wednesday of every month
• Special meetings with the City Council are scheduled on an as needed basis

 Members

The board shall periodically submit reports in writing to the City Council as to the status of its activities in carrying out its obligations. Any and all agreements between the corporation and other parties shall be authorized, executed, approved and delivered in accordance with applicable law. The economic development corporation board of directors shall advise the City Council regarding all matters pertaining to economic development activities and programs which stimulate business and commercial activity. The group of directors consists of:

Overview

The purpose of the Haslet Community and Economic Development Corporation Type B is to stimulate economic growth and development in the City of Haslet for the benefit of the entire community. Having more influence than a simple advisory group, these members determine how 4B sales tax proceeds are spent. They do not, however, have any quasi-judicial power.

Goals

The HCEDC is funded from the half-cent economic development sales tax (4B tax) collected by the City of Haslet. These 4B funds can be used for community projects (such as infrastructure or park improvements) and economic development projects such as incentives for business relocations or expansions of new and/or existing businesses, as defined in the act.

Operation

The HCEDC works with the chamber of commerce, city staff, existing and potential businesses in the areas of business expansion, retention and redevelopment through market development, creating new employment opportunities, increasing Haslet’s tax base and improving the quality of life through education and training.

While affiliated with the city, the HCEDC is a separate corporate entity. The corporation shall have a board of directors in which all powers of the corporation shall be vested and which shall consist of seven members who are appointed by the City Council for two year terms of office. places 1, 2, 5, and 7 shall be appointed in odd-numbered years, and places 2, 4, and 6 in even numbered years. They also have two alternate positions: place #8, alternate.#1 and place #9, alternate #2. Terms begin October first of each year. Subject to the restrictions imposed by law, the articles of incorporation and by the bylaws, the board shall exercise all of the powers of the corporation.

Number of Directors 

The affairs of the corporation shall be managed by a board of directors which shall be composed of seven directors and two alternate directors (places #8 and #9) who are appointed by the city council for two-year terms of office. Places 1, 3, 5, 7 and 9 shall be appointed in odd- numbered years, and places 2, 4, 6 and 8 appointed in even-numbered years. Terms begin October first of each year. Subject to the restrictions imposed by law, by the articles of incorporation, and by these bylaws, the board shall exercise all of the powers of the corporation.

 City Staff Liaison

The HCEDC members are provided clerical / administrative support from the economic development director and other members of city staff, as appropriate.