RSS

4B Economic Development Board

Certain Cities may establish 4B Economic Development Boards under Texas State Statutes.  4B boards are authorized to expend funds not only for economic development projects but also on specific projects that improve the quality of life.  This includes sports and parks improvements and expansions.

4B funds come from a ½ cent sales tax.  Expenditure of the funds requires the approval of both the 4B board and the City Council.  In the past few years 4B has funded the following projects; Quail Run Park improvements, Downtown Park improvements, the downtown streetscape improvements, improvements to the railroad ball fields and construction of Porter Sports park.  These improvements would not have been possible without 4B funds.  In March of 2013 4B committed to pay for the construction of a splash park to replace the obsolete pool in Switzer Park.  The splash park is anticipated to open in 2014.

AGENDAS

MINUTES

4B MEETING AGENDA 04-01-2013 4:00 PM

4B MEETING AGENDA 03-26-2013 6:00 PM

4B BOARD MEETING 08-27-2012 6:00 PM

 

JOINT SPECIAL MEETING CITY COUNCIL, PARK BOARD, 4B BOARD

AGENDA 03-31-2012 – CITY COUNCIL, 4B and PARKS BOARD AGENDA – GRAND OPENING OF SANGER PORTER ATHLETIC COMPLEX

11-10-2011

07-25-2011

05-31-2011

05-18-2011

03-28-2011

10-25-2010

07-26-2010

05-31-2011 Minutes

05-18-2011Minutes

03-28-2011 Minutes

10-25-2010 Minutes

07-26-2010 Minutes