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: 6:00 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: Vacant
Place 2: David Bishop
Place 3: & Vice President: Richard Sheehan
Place 4: Debbie Fahrenthold
Place 5: Sue Baker
Place 6: & President: Steve Deffibaugh
Place 7: David Kleiber
- 4TH OF July Firework
- Parking for Downtown Shopping & Library
- Main Street Sidewalks
- Hardscape Walls for 2nd& 4th Corners
- Landscaping for 2nd& 4th Corners
- Engineering & construction for Downtown Parking Lot & Walking Trail
- ATMOS Natural Gas Line for West Princeton Drive Commercial District
- Purchase benches for the Veteran’s Memorial Park
- Preservation of the historical Methodist Church to be utilized as a community center
- Improvements to the J.M. Caldwell Sr. Community Park