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:
July 11, 2018
August 1, 2018 Special Meeting & Public Hearing
October 10, 2018
$1,000,000 toward the development of the Little Elm Recreation Center Expansion project
$490,000 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
Edee Hansen - Chairman, Term Expires: August 2, 2018
Steve Petrasic -Vice-Chairman, Term Expires: October 20, 2019
Jan Eaken - Member, Term Expires: October 20, 2019 Steve McGee - Member, Term Expires: October 20, 2019 Bevin Brock - Member, Term Expires: August 2, 2018 Erica Rios - Member, Term Expires: August 2, 2018 Open -Member, Term Expires: October 20, 2019 Nick Musteen - Council Liaison