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Economic Development Committee

MISSION:

To facilitate the development of a healthy/diversified economy in which businesses can locate/relocate/grow and prosper, and all residents have opportunities for economic prosperity.  Provide feedback to both the Citizens of Lago Vista and City Staff through research, information and a common goal consistent with the City's Master Plan, Comprehensive Plan and Council's direction.

The EDC shall be comprised of no less than 7 members and no more than 12 members with preference given to individuals with professional expertise in the following sectors: Education, Real Estate, Industrial, Technology, Non-Profit, Small Business, Retail, Banking, and Utilities.  There shall also be citizen members as well as a City Council Liaison.  The Economic Director or his appointee shall act as the City Liaison and provide guidance and feedback.  Qualifications for Committee Members shall be that they are Citizens of Lago Vista or property owners or doing business in the City of Lago Vista and a registered voter.  The Committee would meet no less than once a quarter.

The Purpose of the Committee Shall Be:

  1. Identify changing economic trends and development resources available to the City of Lago Vista
  2. Develop and advocate for an economic development strategy that maximizes commercial property tax revenues and generates employment opportunities as part of a broader, long-range strategic plan for the community as established by City Staff and Council
  3. Continuously review Lago Vista’s regulations and zoning for consistency with the City's economic development goals, and to make any applicable recommendations to improve permitting, licensing and regulatory functions
  4. Promote streamlining the City's regulatory processes as related to commercial development
  5. Advocate for state and federal legislation and regulations that advance economic development in Lago Vista and the Region
  6. Work with Staff to obtain Federal and state grant funds to further the economic development strategy
  7. Support and encourage new businesses seeking to locate in Lago Vista and existing businesses seeking to remain or expand in Lago Vista
  8. Prepare and distribute material and data advertising the advantages of the City for attracting appropriate non-residential development
  9. Act as a source for business leads that will be brought to the attention of the City Staff liaison.  The Committee is also responsible for providing information to staff relative to business development situations, perceived or real, affecting the business climate within the City
  10. Develop and maintain an inventory of government-sponsored business grants, loans and local incentives along with other benefits available to those operating within the City
  11. Determine the desirability of an EDC section under the City home webpage promoting Lago Vista’s business environment and to develop the general content thereof
  12. Recommend the creation of multi-media presentations promoting Lago Vista’s business opportunities
  13. Develop regularly scheduled progress reports to the Mayor and City Council

Member
Title Term Expires
Elaine Hughes Member January 2020
Clive Rutherford Chairman January 2020
Robert Hunt Member January 2020        
Robin Sumners Member January 2021
Russell Murphy Vice-Chairman January 2021
James May Secretary
January 2020
 Don Johndrow Member January 2021
 David Williams City Council Liaison   
 Eric Zeno Economic Development Director  

The Committee meets the second Tuesday of each month at 4:00 p.m. in the Lago Vista Police Department conference room.

  • City Hall   |   512.267.1155   |   5803 Thunderbird Drive   |   Hours 7am-6pm Monday-Thursday
  • City of Lago Vista Public Works Department | 512.267.1993
  • Police Department   |   512.267.7141   |   5901 Municipal Complex Way
  • Lago Vista Public Library   |   512.267.3868   |   5803 Thunderbird, Ste. 40
  • Lago Vista Golf Course   |   512.267.1170   |   4616 Rimrock Drive
  • LISTEN TO ONLINE STREAMING OF LAGO RADIO 1670/AM HERE.
 
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