Watauga Economic Development Corporation

Overview

The Watauga Economic Development Corporation was created to encourage the development and advancement of City businesses, development and parks within the City. The Watauga Economic Development Corporation collects a 1/4-cent sales-tax and is an type B corporation.  The WEDC contracts with the City for financial and other administrative services.

Per Section 501.062 of the Texas Local Government Code, a director of an EDC Board serves for a term of not more than six years but no limits on the number of terms a Director serves unless imposed by the City Council as a local rule.   WEDC Bylaws only allows for two year terms but no limits on the number of terms.  Per Section 505.053 requires the board of directors of a Type B corporation to appoint (1) a president; (2) a secretary; and (3) other officers of the corporation the governing body of the authorizing municipality considers necessary.  Per Section 505.054 states a majority of the entire membership of the board of directors of a Type B corporation is a quorum.  Section 505.052 requires each director of a Type B corporation authorized to be created by a municipality with a population of 20,000 or more must be a resident of the municipality.

Meetings

Meetings are called on the 3rd Tuesday of the month at 6:30 p.m. and held at City Hall.

Agendas, Minutes and Streaming

View agendas, minutes or video stream

Agendas are posted at least 72 hours prior to the meeting, as required by state law.  Minutes are posted after they have been formally approved by the committee.  Meetings are live streamed at the time the meeting is held.  On-demand streaming of meetings is generally made available within one day following the meeting. 

Members

Contact

Contact members of the Watauga Economic Development Corporation

Documents

• WEDC Bylaws
• WEDC Strategic Plan
• WEDC Attendance Log

Request to Speak

Persons wishing to speak at a meeting can use the Request to Speak form to request to speak during Public Testimony, a Public Hearing or an Action Item.