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Edinburg EDC Director Agustín García, Jr. reports that city’s strong economic growth and local governments’ financial integrity help community qualify for one of nation’s best bond ratings for investors

Image Courtesy RGV FC TOROS

Featured: An artist’s rendition of the 9,700-seat RGV FC Toros Stadium, located on 1616 South Raúl Longoria Road in Edinburg, one of many symbols of economic growth in the city. On Thursday, July 21, 2016, a press conference will be held beginning at 9 a.m. at the amphitheater, located on the park side of the professional sports complex, to announce the naming rights for the venue.

Image Courtesy RGV FC TOROS

The city’s continuing strong economic growth and the strategies by its elected leaders to protect taxpayers and manage public funds have resulted in one of the nation’s best bond ratings for investors, sending a strong message nationwide that the future remains bright for people to live, work and do business in Edinburg. The ratings, which were released on Monday, July 11, 2016, focused on several bonds previously issued by the city and the Edinburg EDC. Fitch Ratings upgraded those bonds to “AA”. “The improved ‘AA’ ratings mean that the Mayor, City Council, and Edinburg EDC Board of Directors, through their policies and actions, continue to demonstrate their excellence in helping shape an economy that means more good-paying jobs, a great environment for businesses of all sizes, and a high quality of life for our community,” said EEDC Executive Director Agustín García, Jr.

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Football, nation’s most popular college sport, has potential to increase UTRGV enrollment and revenue, and unify athletics and academics, say committee leaders Mack Brown and Oliver Luck

Photograph By JÉSICA GONZÁLEZ

Featured, from left: Mack Brown, former football Head Coach of the Texas Longhorns, and Oliver Luck, Executive Vice President of Regulatory Affairs for the NCAA, accompanied by Manny Mantrana, Head Coach of the University of Texas Rio Grande Valley baseball team, on Thursday, May 19, 2016. Brown and Luck participated in throwing out the ceremonial first pitches at UTRGV Baseball Stadium in Edinburg.

Photograph By JÉSICA GONZÁLEZ

Mack Brown and Oliver Luck, two national college and professional sports figures, are helping guide a special football feasibility study committee, organized by Dr. Guy Bailey, UTRGV President, and Chris King, UTRGV Director of Athletics, which held their first session, behind closed doors, to meet with and hear from the UTRGV leadership and the blue-ribbon group that will have a major say on the prospects for a NCAA college football team for the university.

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