"The adoption of a Sales and Use Tax within the City of The Colony, Texas, at the rate of one-half of one% to be used, after the holding of at least one public hearing, for land, buildings, equipment, facilities, and improvements required or suitable for use for sports, athletic, entertainment, tourist, convention, and public park purposes and events, including but not limited to Community Centers, Libraries, and Hike and Bike Trails, and the promotion or development of new or expanded business enterprises, as authorized by Section 4B of Article 5190.6 Vernon ‘s Texas Civil Statutes, as amended (The Development Corporation Act of 1979); and maintenance and operating costs associated with any of the above projects that are publicly owned and operated."
The CDC Board is comprised of 7 volunteers who are appointed by the City Council to serve staggered 2 year terms. The Board has a president, vice president, treasurer and secretary. The Community Services Director, Jackie Kopsa oversees the operations of the Board and City Council member Brian Wade serves as the liaison between the Board and City Council. The CDC Board also provides input to the City regarding Parks and Recreation issues.
Community Development Corporation (CDC) Board meetings are held in the City Council Chambers and are open to the public. The meeting agenda is posted on the bulletin board at City Hall 72 hours prior to the meeting in addition to being posted on this website and the city website.
The Board is required to conduct a Public Hearing before spending money on proposed projects. A notice will published in The Dallas Morning News which is the official newspaper of the City for legal notices.