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SUGAR LAND DEVELOPMENT CORPORATION
Establishment: |
Sugar Land Development Corporation was approved by City Council and established as a non-profit corporation in April 1993. | |
Purpose: |
To promote, assist and enhance economic development activities in the City of Sugar Land. | |
Duties & Responsibilities: |
The Corporation is managed by a Board of Directors responsible for reviewing and making recommendations on the economic development needs of the City of Sugar Land and the guidelines governing reinvestment zones and tax abatement agreements and applications for tax abatements. The Board is charged with developing, preparing and submitting an Economic Development Plan for approval by City Council, which includes short- and long-term objectives of the Corporation, guidelines on the use of tax funds received and procedures on how the use of funds will be determined. | |
Membership
& Terms: |
Five Directors appointed to serve three-year terms. | |