Forney Economic Development Corporation

Description

• The Forney Economic Development Corporation (FEDC) a citizen volunteer group appointed by the Mayor and City Council, is a not for profit (4b) Economic Development Corporation funded in part by a voter approved one half-cent dedicated sales tax. The FEDC has recognized the need to attract business and industry and actively promotes the area to new and expanding businesses. The FEDC also acts in an advisory capacity to the City Council in matters concerning tax abatement, financial incentives, and all economic development projects. The FEDC has taken on an aggressive role in meeting the explosive demands for increased retail and service activities by working collaboratively with the private sector and City of Forney to develop high quality, sustainable commercial development.The FEDC provides long range guidance and encouragement to existing and expanding businesses which have been the strength of Forney for many years. Due to the citys continued commercial and residential growth, city revenues have increased without any additional taxes making the area attractive and affording its residents city with the lowest tax rate in the county.Looked upon as the marketing arm of the city, the FEDC is ready and eager to assist business and industry in finding space for relocating and expanding in this area which is ripe for development.
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  Headquarters:101 East Main Street , Forney, Texas, United States

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  Phone Number: +1 972-564-5808

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  Website: https://www.forneytexasedc.org

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  Employees:8

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  Revenue:$1 - 10M

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  Legal Name:Forney Economic Development Corporation

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• |  NAICS Code: 561599  |

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