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Elgin EDC director outlines growth plans, incentives and small-business support
Summary
Kaylee Frye, Elgin Economic Development Corporation director, described EDC programs funded by a half-cent sales tax, including business enhancement grants up to $25,000, workforce incentives and land resources, and said three businesses are under construction while several deals are pending.
Elgin Economic Development Corporation Director Kaylee Frye said the EDC will push a mix of small-business supports, targeted incentives and marketing to grow jobs and amenities in Elgin.
“Economic development is … attracting, supporting, and recruiting businesses to the community for the purposes of job creation and enhancing the local economy,” Frye said during a recorded interview on 78621 Live with Stacey Ford Osborne, acting public information officer for the city of Elgin. Frye noted the EDC is funded by a half-cent sales tax authorized under Texas law and the state constitution.
Frye described the EDC as a Type B corporation — the classification that allows funding for community enhancements, infrastructure and a range of commercial and retail projects…
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