Attorney briefs EDC on Type B powers, sales‑tax limits, reporting and eligible projects
Messerford Municipal Law attorney Christina Demir walked the new EDC through Type B powers under Texas law, including permissible project types, the need for council approvals for expenditures, promotional‑spend limits, public‑hearing rules for cities under 20,000 residents, performance agreements, and reporting requirements to the State Comptroller.
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Christina Demir of Messerford Municipal Law gave the board a step‑by‑step briefing on Type B Economic Development Corporations under Texas law and what those rules mean for the newly formed EDC.
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