Community Development Corporation
Princeton Community Development Corporation (4B)
The Community Development Corporation (CDC) was incorporated on July 3, 1997. The CDC is a Texas 4B sales tax corporation that is governed by a seven-member board appointed by and serving at the pleasure of the City Council. Funding for the CDC occurs by the City transferring ¼ sales tax revenues collected by the City of Princeton. The purpose of the CDC is to promote projects to enhance the community and the citizens of Princeton. The 4B expenditures are subject to the provisions of the Development Corporation Act of 1979 and the Local Government Code, Title 12, Subtitle C1. The sales tax enables the City of Princeton to undertake quality-of-life projects and community programs.
Meeting Date: 1st Monday of each month and any Special Meetings
Meeting Time: 3:00 PM
Meeting Location: City Hall Council Chamber: 123 W. Princeton Drive
If you are interested please fill out an application and turn it into City Hall.
Place 1: Gabriel Rubio
Place 2: David Bishop
Place 3: Mary Hodges
Place 4: Kenneth Mayberry
Place 5: Damon Williams
Place 6: & President: Steve Deffibaugh
Place 7 & Vice President: David Kleiber