Harker Heights Reestablishes Economic Development Corporation
Harker Heights City Council voted unanimously on Tuesday to reestablish Harker Heights Economic Development Corporation with seven new appointed members.
Unlike other local EDCs, which are funded by a half-cent sales tax, the Harker Heights City Council must approve all funding for the EDC.
The EDC advises officials on economic development. Two-years terms are standard, but three members will be asked to serve for only a single year, in order to create staggered appointments. At least three of the members must not be city officials.
The EDC will be the first to meet in 12 years. Originally created to transfer property deeds to businesses, the group stopped meeting when other ways were found to give businesses land.