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NorthlakeTown staff proposes larger municipal development district to replace two development corporations
Summary
Town staff told EDC and CDC directors a new municipal development district (MDD) would consolidate the EDC and CDC, expand boundaries to include most ETJ areas (excluding Harvest), and reallocate local sales-tax shares; voters would consider two linked propositions on May 2.
Staff presented a plan to replace Northlake's two development corporations with a single municipal development district (MDD), telling the Economic Development Corporation (EDC) and Community Development Corporation (CDC) that the change would consolidate governance, expand the boundary to include most of the extraterritorial jurisdiction (ETJ), and alter how local sales tax is allocated.
Nathan, the town's staff presenter, said the MDD's duties and project authority are similar to the existing EDC and CDC but that an MDD can include ETJ territory in addition to town limits, expanding the potential sales-tax base. "One big advantage of the MDD is the boundaries can include the ETJ as well as the town limits," Nathan said. Staff described a proposed…
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