The Pantego Economic Development Corporation (PEDC) and its Board of Directors were established by voters in 1993. The PEDC Board is committed to the attraction of new development investment as well as the retention and expansion of existing businesses in the community in order to produce a strong local economy and generate a favorably quality of life. Projects, funded via a one-half-cent sales tax, can include items such as the acquisition of real property, upgrades to equipment or facilities, and targeted infrastructure improvements. The PEDC Strategic Plan is a guidepost for budget allocations and other actions — or "strategies" — taken by the Board. Periodically, the Board reviews and updates the document to reflect current activities and goals.
Type B sales tax funds, such as those administered by the PEDC, are restricted to those projects that contribute to economic development within the Town. In past years, funds have been used, for example, to expand and upgrade Bicentennial Park, in efforts to increase foot and vehicle traffic to benefit local businesses. Currently, the Board is focusing on the Park Row and Pioneer corridors, further upgrades to Bicentennial, continuation of the Storefronts in Pantego (SIP) program, and marquee replacements.
The PEDC Board holds regular meetings on the second Wednesday of each month at 6:30 p.m. in the Town Council Chambers at Town Hall (1614 S Bowen Road). Special sessions are scheduled as necessary. All meetings are open to the public and agendas will be posted online and at Town Hall no later than seventy-two (72) hours before the scheduled start time. Subscribe to the calendar at townofpantego.com/calendar and never miss another event!
|PEDC BOARD OF DIRECTORS |
|Place 1||Tommy Teasdale||2023-2024|
|Place 2||Fred Adair||2023-2024|
|Place 3||Rob Walker||2022-2023|
|Place 4||John Valentine||2023-2024|
|Place 5||Secretary Larissa Peterson||2023-2024|
|Place 6||Vice President Jeff Brown, Mayor Pro Tem||2022-2023|
|Place 7||President Tori Roemmich, Councilmember||2022-2023|
|PEDC Executive Director||City Manager Joe Ashton||Email or 817-617-3705|
|PEDC Coordinator||Cathy S. Allen||Email or 817-994-3802|
PEDC Events and Initiatives
The Pantego Economic Development Corporation (PEDC) Board is committed to supporting existing businesses as well as expanding the local economy. Rich with an eclectic mix of small businesses and national retailers, this boutique community employs numerous tools to maintain and build upon the abundant strengths already present. To discuss how PEDC and the Town of Pantego might be able to assist your business, please contact our Executive Director or PEDC Coordinator (above). PEDC events and initiatives include: