by Legislative Media | Apr 30, 2016 | Politics
Featured, from left: Sonia Marroquín, Assistant City Manager, Myra Ayala Garza, City Secretary, and Ascensión Alonzo, Director of Finance, who all work for the City of Edinburg. The City Finance Department reports that Edinburg’s local retail economy in 2015 grew almost eight percent over the previous 12-month period in 2014. Local sales taxes in 2015 were $20,386,379, an increase of 7.65 percent over the 2014 total of $18,937,282.
Photograph By MARK MONTEMAYOR
Construction and related building activities in Edinburg totaled almost $20 million during March 2016, bringing the total value of construction activities in the city to almost $65.2 million during the first three months of the year, the Edinburg Economic Development Corporation has announced. Combined, building permits from January through March 2016 were issued for work valued at $65,173,203, compared with $41,367,340 for the same period in 2015. During March 2016, building permits for work valued at $19,710,781 were issued by the city, compared with $11,888,509 in March 2015.
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by Legislative Media | Apr 29, 2016 | Politics
Featured, from left Councilmember J.R. Betancourt and Mayor Pro Tem Richard Molina on Monday, February 18, 2016, during a work session of the Edinburg City Council and the Hidalgo County Commissioners Court, review options for Edinburg in the proposed construction by Hidalgo County for a $150 million courthouse in the city’s downtown.
Photograph By MARK MONTEMAYOR
Valuable vacant property owned by First National Bank of Edinburg (which was closed in September 2013) is on the way to becoming yet another success story for the city following recent action by the Edinburg City Council, the Edinburg Economic Development Corporation has announced. When completed, the new residential community will help provide more high-quality housing for Edinburg, and pump an estimated $47 million into the local economy, based on the values of the lots and homes.
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by Legislative Media | Apr 28, 2016 | Politics
Featured: Dr. Shervin Fatehi, left, and Dr. Javier Macossay examine a 3D-printed heart at their research lab in the Science Building on the University of Texas Rio Grande Valley campus in Edinburg. They recently were awarded a grant from startup company New Matter. The Edinburg Economic Development Corporation, along with the City of Edinburg, promote the best interests of UTRGV and the UTRGV School of Medicine through its extensive legislative lobbying efforts before the UT System Board of Regents, the Texas Legislature, and Congress.
Photograph By KRISTEN GARZA
Edinburg’s unemployment rate for March 2016 of 4.7 percent marked the third consecutive month that the city posted a monthly figure of less than five percent, with McAllen being the only other Valley city in that category, the Edinburg Economic Development Corporation has announced. Edinburg’s March 2016 figure of 4.7 percent is the best showing for that month in almost a decade, when the city posted a 4.4 percent unemployment rate in March 2008.
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by Legislative Media | Apr 25, 2016 | Politics
About 300 11th-grade high school students and their fathers and/or mentors from throughout South Texas participated in the Together in Educational Success (TIES) conference at the University of Texas Rio Grande Valley in early April. The Edinburg Economic Development Corporation, along with the City of Edinburg, promote the best interests of UTRGV and the UTRGV School of Medicine though its extensive legislative lobbying efforts before the UT System Board of Regents, the Texas Legislature, and Congress.
Photograph Courtesy MARCI CALTABIANO
Possible action on several current and new job creation strategies being considered by the Board of Directors of the Edinburg Economic Development Corporation will take place beginning at noon on Tuesday, April 26, 2016 in the Council Chamber at Edinburg City Hall, the EEDC has announced. The two items scheduled to be deliberated in open session are interlocal agreements with the City of Edinburg regarding Project Domain and the city’s soccer park. In executive session, the following issues will be reviewed: Project Urban; Project Grindstone; the monumentation at the North Industrial Park; Project Square; Project Quest; and a development agreement with VICA Enterprises, L.P.
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by Legislative Media | Apr 20, 2016 | Politics
Featured, from left: Harvey Rodríguez, Jr., Vice-President, Board of Directors, Edinburg Economic Development Corporation; Ellie M. Torres, Secretary/Treasurer, Board of Directors, Edinburg Economic Development Corporation; and Agustín García, Jr., Executive Director, Edinburg Economic Development Corporation. This image was taken on Tuesday, October 27, 2015 at Edinburg City Hall, following an EEDC Board of Directors meeting.
Photograph By MARK MONTEMAYOR
Construction and related building activities in Edinburg totaled more than $9.2 million for February 2016, bringing the total value of construction activities in the city to almost $45.5 million during the first two months of the year, the Edinburg Economic Development Corporation has announced. Combined, building permits in January and February 2016 were issued for work valued at $45,462,422, compared with $29,478,831 for the same two months in 2015.
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