Our HistoryThe Hickory Creek Economic Development Corporation (HCEDC), a non-profit organization, was formed on July 31, 2003 following a February 1 vote approving a one-half of one percent 4B sales tax by the residents of Hickory Creek. The HCEDC has a seven-member board with a full-time economic development consultant available to assist existing businesses and potential employers, developers and retailers. The town’s 4B funds must be expended in accordance with State Law to facilitate the development of eligible projects. The responsibility of the HCEDC is to use these funds for economic development that will attract and retain primary employers and for quality of life improvements. In an effort to promote and develop new and expanded business enterprises that create or retain primary jobs, the town may provide economic development assistance for job training, recycling facilities, land, buildings, equipment, facilities and improvements, including:
The town may also provide economic development assistance to promote and develop new and expanded retail development in the following areas:
The town now collects approximately $400,000 in 4B half-cent sales tax revenues which will allow the town to pay for future capital projects such as commercial drainage and street improvements, public safety improvements, direct retail incentives, or the construction and expansion of town parks. Regular monthly board meetings are held on the fourth Thursday of every month at the Hickory Creek Town Hall located at 1075 Ronald Reagan Avenue, Hickory Creek, Texas 75065. To learn more about the Hickory Creek EDC, please contact us at 940-497-2528 or by email at This e-mail address is being protected from spam bots, you need JavaScript enabled to view it . |