by Legislative Media | Dec 14, 2015 | Politics
Featured, from left: George Cárdenas, Senior Vice President, Inter National Bank, McAllen; Shekhar Gianchandani, Chief Financial Officer, Qube Hotel Group; City Councilmember Richard Molina; Hiren M. Govind, Chief Operating Officer, Qube Hotel Group; Himesh Jeram, Chief Executive Officer, Qube Hotel Group; Mark Iglesias, President, Board of Directors, Edinburg Economic Development Corporation; Agustín García, Jr., Executive Director, Edinburg Economic Development Corporation; and Ellie M. Torres, Secretary/Treasurer, Board of Directors, Edinburg Economic Development Corporation. The group was participating in the Tuesday, November 17, 2015 groundbreaking of the $10 million Marriott Towne Place Suites being built near the intersection of Professional Drive and Trenton Road. Not pictured is Mohan Tewani, Chief Development Officer, Qube Hotel Group. The new facility is the latest sign of economic growth in the city, which is also showing continued gains in its retail economy.
Photograph By DIEGO REYNA
Edinburg’s retail economy from January through October 2015 was 7.16 percent ahead of the same period last year, a figure that is almost double the the statewide average of all Texas cities, which came in with a 3.6 percent improvement when comparing the same 10-month periods, the Edinburg Economic Development Corporation has announced. The EEDC, of which Agustín García, Jr. is Executive Director, is the jobs-creation arm of the Edinburg Mayor and Edinburg City Council. The EEC Board of Directors is comprised of Mark Iglesias as President, Harvey Rodríguez as Vice President, Ellie M. Torres as Secretary/Treasurer, and Mayor Richard García and Richard Ruppert as Members. For the month of October 2015, the city’s retail economy registered a 7.55 percent rate of improvement over the same month last year, the EEDC added, according to data released on Wednesday, December 9, 2015 by the Texas Comptroller of Public Accounts. These figures are based on sales made in October 2015 by businesses that report tax monthly. Among its many duties, the Texas Comptroller’s office is the state’s chief tax collector, accountant, revenue estimator and treasurer. The 7.55 percent increase over the same month last year was the best showing among the Valley’s larger economies. During the first 10 months of 2015, Edinburg’s retail economy produced $20,245,270.46 in local sales taxes, compared with $18,891,654.50 for January through October 2014, resulting in the improvement of 7.16 percent. During October 2015, the city’s retail economy generated $1,568,278.46 in local sales taxes, compared with $1,458,157.23 for October 2014, representing the improvement of 7.55 percent, also according to the Texas Comptroller of Public Accounts. The local sales tax is used in Edinburg to help pay for many city services, while the EEDC uses its one-half cent local sales tax to help generate economic development in the city. The amount of local sales taxes collected also helps reflect the strength of an economy, along with construction activities, per capita income, education, historical performances, and related trends. The sales tax, formally known as the State Sales and Use Tax, is imposed on all retail sales, leases and rentals of most goods, as well as taxable services. Texas cities, counties, transit authorities and special purpose districts have the option of imposing an additional local sales tax for a combined total of state and local taxes of 8 1/4% (.0825).
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by Legislative Media | Dec 6, 2015 | Politics
Featured, from left: Agustín García, Jr., Executive Director, Edinburg Economic Development Corporation; Mayor Richard García; Claudio Motta, Operations Manager, Santana Textiles; R. Delfino Neto, President, Santana Textiles; Roberto Cantú, Chief Executive Officer, Santana Textiles, and Leticia Flores, Office of Texas Governor Greg Abbott. They were among a large contingent of political, business and community leaders who participate in the ribbon cutting, held on Thursday, November 19, 2015, celebrating the start of the first phase of a corporate investment of $50 million in north Edinburg.
Photograph By DIEGO REYNA
For the second consecutive month this year, Edinburg and McAllen shared the lowest unemployment rate among the Valley’s major economies, both coming in at 4.9 percent for October 2019, which also was the best showing for Edinburg for that month since October 2008, which also posted a 4.9 percent figure, the Edinburg Economic Development Corporation has announced. The EEDC, of which Agustín García, Jr. is Executive Director, is the jobs-creation arm of the Edinburg Mayor and Edinburg City Council. The EEDC Board of Directors is comprised of Mark Iglesias as President, Harvey Rodríguez as Vice President, Ellie M. Torres as Secretary/Treasurer, and Mayor Richard García and Richard Ruppert as Members. Richard García and Agustín García, Jr. are not related. Also according to the latest data, which was released on Friday, November 20, 2015 by the Texas Workforce Commission, there were more than 35,000 people employed in Edinburg during the month of October 2015. The unemployment rate is a key indicator of the strength of the local economy. Edinburg’s latest showing was better than the U.S. unemployment rate for September 2015, which came in at 5 percent, according to the U.S. Department of Labor, Bureau of Labor Statistics (http://data.bls.gov/timeseries/LNS14000000). Edinburg’s October 2015 figure of 4.9 percent continues a year-long pattern of positive reports: September (4.9 percent); August (5.1 percent); July (5.4 percent); June (5.1 percent); May 2015 (4.8 percent); April 2015 (4.6 percent); March 2015 (4.8 percent); February 2015 (4.8 percent); and January (5.1 percent). EEDC Board President Iglesias said new businesses, both small and large, continue to build or locate in Edinburg, which will result in continued job creation in the city.“On November 17, 2015, the Marriott Towne Place Suites broke ground near the intersection of Trenton Road and and I69,” Iglesias said. “This four-story, 95-room hotel represents a $10 million investment and will create 20 to 30 full time jobs when it opens for business in the fall of 2016, the same time the the University of Texas Rio Grande Valley School of Medicine in Edinburg begins its first semester – and with it, create more jobs as well.” In another related development, the Thursday, November 19, 2015 ribbon-cutting ceremony for Santana Textiles will lead to the creation of 300 high-paying jobs, according to the economic development contract signed by Santana Textiles with the EEDC. Agustín García, Jr., Executive Director for the Edinburg Economic Development Corporation, noted the importance of the project for the entire community, including farmers, the region’s university and South Texas College. The project also garnered a contribution of more than $1 million from the Texas Governor’s Office. The massive operation, with production buildings longer than a football field, is the only one of its type in Texas. Mayor García called it one of the city’s crown jewels, joining the list of ongoing projects such as the Bert Ogden Arena and a soccer stadium as well as the regional medical school and university. “These are investments that are calculated, studied. This investment right here was very minimal,” the mayor said of the city’s financial contribution, explaining Edinburg is expected to see a $284 million annual return via its economic impact. The Edinburg Santana Textiles facility is expected to become the largest in the country when it begins denim production. Despite challenging conditions in Brazil, the family-owned enterprise has thrived and is now able to use cotton grown in the Edinburg facility’s own region, which also creates additional indirect jobs. “The good news is they’re also very cognizant of our community; very compassionate about the people that live here and they’re very careful to be hiring across the board,” said Mayor García. “They hire veterans. They hire mobility-impaired individuals. They hire a cross-section of the community.”
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by Legislative Media | Dec 2, 2015 | Politics
Featured: Darryl S. Johnson, Democrat for Waller County Commissioner, Precinct 3.
Photograph By PARIS KINCAID
Darryl S. Johnson, a legislative consultant with more than 30 years experience in the Texas Legislature and in Congress, says that as Waller County Commissioner, he would use his leadership skills and influential friends in the business and political corridors of power to benefit all voters in his precinct. Johnson, a Prairie View businessman, has filed for Precinct 3 Waller County Commissioner, calling himself “the only true Democrat” with a proven record of working for small business owners, university students, working families – people from all-walks-of-life. “Waller County, and especially Precinct 3, are blessed with the brainpower, willpower, and staying power to become a regional and statewide leader in higher education, economic development, tourism, and job creation,” said Johnson. “But we need someone with know-how, vision, and abilities to help us achieve a higher level of greatness.” The father of two daughters, Johnson said his campaign slogan reflects his honest approach to the challenges and opportunities in Waller County: “We have a lot of work to do.” Among his many strategies, Johnson said he would work closely with state and federal lawmakers to identify sources of funding from Austin and Washington, D.C., and secure millions of dollars for vital programs in Precinct 3, ranging from more money for transportation needs to filing state legislation to expand Prairie View A&M University. “I know where to look at our state capitol and our nation’s capitol for the financial resources we deserve in order to improve our economy, to create more jobs, to serve and protect our families and our future,” he said. “I know how the complicated systems work in the Texas Legislature and in Congress, and I will make them work for all of us in Precinct 3. No other candidate can deliver for us like I will.” Johnson said that he also would fight for programs that would provide needed financial and health care resources for senior citizens. “Older Texans have made a lifetime of contributions to our nation, and it is a sacred obligation of our society to help those who need it in their retirement years,” he said. “One of the actions I will take as a Waller County Commissioner is to set up town hall meetings with all constituents, including sessions specifically with senior citizens, not only to hear their concerns, but especially to learn from their wisdom what I can do to better serve them.” He also pledged to continue building the public’s trust in the Precinct 3 office by always meeting with constituents and being accessible and visible. “I will be the type of county commissioner who not only has an open door policy to my constituents, but more than that, I will always be out in my precinct visiting with residents,” said Johnson. “I won’t be a politician who you only see and hear around election time.” During his career, Johnson has worked for elected leaders in the U.S. Congress, Texas Governor’s Office, and Texas Legislature, and was a key consultant in 2010 for the Texas gubernatorial campaign of multi-billionaire Farouk Shami of Houston. He has also worked with state agencies such as the Secretary of State, Texas Department of Insurance, Texas Water Development Board, and Texas Water Commission. Among his community service roles, Johnson served as a Waller County representative to the Houston- Galveston Area Council, a regional organization through which local governments consider issues and cooperate in solving area wide problems, and served on the Waller County Airport Commission when the region was developing the idea for an airport in Katy. “Precinct 3 deserves someone with the abilities to address the Captains of Industry and the Titans of Politics, and partner with them to shape the laws, policies, and business decisions that will lead to prosperity for our region,” Johnson said. “What I have learned from decades of working with the Powers-that-Be is to always let them know that we have what it takes for them and us to succeed.”
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