Economic Development Corporation
Lexington Economic Development Corporation
P.O. BOX 56
Lexington, TX 78947
WHEN: Every 4th Monday of the month
TIME: 5:30 PM
WHERE: Woodson Community Center
All meetings governed by Open Meetings regulations
Public attendance and input welcome
Agenda posted at City Hall 72 hours prior to meeting
LEDC strives to make Lexington the most desirable community in Texas, in which to do business and to provide a top quality of life for its citizens.
- To organize, implement and manage an economic development program for the greater Lexington area.
- To promote the economic well being of its citizens, while maintaining a high quality of life for the entire community.
- To retain and create jobs and support tourism and commerce through the local business community.
Resolution Adopted by Vote of Lexington Citizens on MAY 1, 1999
“The adoption of an additional one-half of one percent sales and use tax within the City pursuant to the provisions of Article 5190.6, VTCS, as amended (The Development Corporation Act of 1979), with proceeds thereof to be used and applied in the manner and to the purposes authorized by Section 4B of the Act, including but not limited to parks and park facilities, ball parks, museums, library/learning centers municipal buildings, convention center, other related facilities including the development and maintenance of municipal and public facilities, tourism, open-space improvements, and the promotion and development of new or expanded business enterprises, related area transportation facililties and related roads, streets and electric, water and wastewater, wastewater treatment, and sewer facilities and other related items that enhance any of those items including the maintenance and operating costs of any such projects mentioned above.
EDC Project Funds Available
The Lexington Economic Development Corporation has funds available for projects that will benefit the community as a whole. Citizens of Lexington, business owners and prospective business owners are encouraged to attend Lexington EDC meetings and to propose projects for funding. Small business grant applications are available at City Hall.