Texas Economic Development Sales Tax Course

Pam Mundo, Mundo and Associates, and Terri Shatter, Oncor and Sunnyvale 4A Director attended the TEDC Economic Development Sales Tax Workshop this past Friday. The Texas Legistature did not change the Texas Sales Tax Laws except for 3 small changes.  Of most importance is a new Section 504.171 allowing Type A Corporations of Cities under 7,500 population to undertake Type B projects if the City has a Type B Corporation. The public hearing and 60 day notice would apply to the project. 
Of some important note was the review of the Public Information Act (PIA) formerly Open Records Act  and with even informal requests for information such requests need to be treated in accordance with the PIA.   Texas Economic Development Council did a great job developing and executing this important workshop!

Shopping Sunnyvale

Sunnyvale, Texas  4A Development Corporation is initiating a new business retention program .  See http://www.shoppingsunnyvale.com/.  Businesses in the Town of Sunnyvale may sign up for this marketing opportunity.  Mundo and Associates, Inc. is assisting the Sunnyvale 4A Development Corporation in developing and activating this program with SKEDs.com. 

Lorena Texas EDC awards Business Rent Subsidy Grant

The Lorena Texas Economic Development Corporation (LEDC) has awarded a Lorena Business Rent Subsidy Grant to Ta Dah Salon and Boutique, a new business opening July 6 at 108B Center Street in the Lorena Downtown. 

The Business Rent Subsidy Grant Program developed by the LEDC and Mundo and Associates, Inc.  is intended to enhance the economic development of the City of Lorena by offering matching grant funds for rent subsidy to help new business survive and thrive during their initial months in a previously unoccupied building of Lorena.  Thereby helping both the creation of new businesses and filling empty buildings at the same time. 

Lorenaedc@ci.lorena.tx.us
http://www.ci.lorena.tx.us/
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