The Little Elm Community Development Corporation (CDC) is a 4B Corporation established under the Development Corporation Act of 1979. The corporation is tasked with the promotion and development of new or expanded business enterprises, parks, and other community projects.
The CDC derives its funding from a one-quarter cent sales tax collected in the Town of Little Elm. The CDC was established in October of 2007 and has an independent board appointed by Town Council to govern the corporation. The CDC's focus is the planning and growth of the parks and recreation system by applying the one-quarter cent sales tax towards capital projects that benefit parks and other related projects.
The CDC meets quarterly on Wednesdays at 6:00 pm at the Little Elm Recreation Center, Admin Conference Room.
Upcoming meeting dates are:
December 20, 2017 Special Meeting
January 10, 2018 Cancelled
February 21, 2018 Special Meeting
April 11, 2018
October 10, 2018
$2,000,000 toward the construction of the Little Elm Recreation Center
$300,000 for soccer field lights in Little Elm Park
1,000,000 toward development of Beard Park
4,000,000 toward the development at Little Elm Park for the Boat Ramp and expanded Swim Beach
Little Elm Recreation Center
$50,000 per year toward streetscapes at Little Elm Park, Lobo Lane, Walker Lane, and Hart Road
$1,000,000 toward development of the Recreation Center Expansion Project
Edee Hansen - Vice Chairman, Term Expires: August 2, 2018 Jan Eaken - Member, Term Expires: October 20, 2019 Steve McGee - Member, Term Expires: October 20, 2019 Bevin Brock - Member, Term Expires: August 2, 2018 Steven Petrasic - Member, Term Expires: October 20, 2019 Erica Rios - Member, Term Expires: August 2, 2018 Catie McNair -Member, Term Expires: October 20, 2019 Nick Musteen, Council Liaison