Economic Development Corporation

Check out our Economic Development Corporation website here (link)!


April 10, 2023 Special Economic Development Corporation Meeting at 6:00pm.

An Economic Development Corporation meeting will be held on Monday, April 10, 2023 at 6:00pm. The meeting will be held in-person in the City Hall Council Chamber (1800 Space Park Drive, Suite 200, Nassau Bay, TX). 

EDC Meeting Agenda: April 10, 2023

Purpose & Responsibilities of the Corporation

The Corporation seeks to promote and expand business enterprises within the City in order to ensure the continued economic growth of the City and the full employment, welfare, and prosperity of its citizens.

On April 22, 1998 the City filed Articles of Incorporation for a new Economic Development Corporation (EDC). The corporation is a nonprofit specifically governed by Section 4B of the Texas Development Corporation Act of 1979. Its purpose is to encourage the retention of business enterprises within the City of Nassau Bay. The Corporation is funded by $0.005 sales tax collected within the City. The Corporation may use its funds to pay for a wide range of public projects including any projects that the Corporation determines will contribute to the promotion or development of new or expanded business enterprises that will create or retain primary jobs including: drainage, roads, sewer, public facilities, including recycling facilities, and water. 

The Corporation is governed by a seven member Board of Directors. Directors are appointed by City Council for two-year terms and no board member can server more than four consecutive terms. Each director must be a resident of Nassau Bay.

Urban Planning and Advisory Committee

In 2004, City Council appointed a nine-member Urban Planning and Advisory Committee (UPAC) to begin concept planning for the redevelopment of Nassau Bay’s commercial areas. UPAC was made up of Nassau Bay citizens who deliberated over a period of several months. The City also hired professional Urban Planning consultants to assist the UPAC in development of concepts for our future.

Themes

  • Capitalize on waterfront location
  • Consider using arts as a cultural theme
  • Emphasize small town feel
  • Leverage historic association with space program

Community Development

  • Create a walkable mixed-use community
  • Develop urban waterfront housing
  • Focus development on a variety of new public open spaces

Retail Development

  • Attract services and boutique retail to provide shopping experience for local residents
  • Create gateways along NASA Parkway to increase awareness, drawing visitors into the City
  • Provide infrastructure that will attract visitor-related entertainment development

Agendas, Minutes & Other Records

Phil Johnson, President

PJohnson

James Abbey, Vice President

James Abbey

Colin Cease, Treasurer

Colin Cease

Cindy DeWease, Secretary

Cindy Harreld-DeWease

Michelle Weller

Michelle Weller

Don Matter

DMatter

Brandon Billings

Vacancy