Sugar Land Economic Development Corporations recognized for Economic Excellence
For the fourth year in a row, the Sugar Land Development Corporation (SLDC) and the Sugar Land 4B Corporation (SL4B) were awarded a “Certificate for Achievement of Economic Excellence” from the Texas Economic Development Council. The corporations were honored at TEDC’s spring 2012 conference in Rockwall, Texas.
The SLDC and SL4B were two of 23 economic development organizations in Texas that received this recognition out of 680 such organizations in the state.
The Economic Excellence Program was created by TEDC to highlight economic development organizations that meet a desired threshold of professionalism and to encourage continued professional development.
Qualification for the recognition was based on the following achievements:
• Strong involvement with economic, real estate and industry professional organizations
• Economic development staff certification, continued training and recognition by relevant organizations
• Qualified training completed by Board members
• Well-organized and coordinated economic development strategies and plans
The Sugar Land 4B Corporation is a nonprofit corporation with the purpose of promoting, assisting and enhancing economic development activities and quality-of-life opportunities within the City.
Projects are funded with a quarter-cent sales tax approved by voters in 1995 to provide a more effective environment for economic activity. Since 1996, SL4B has participated in more than 60 projects, including park development, right-of-way beautification, University of Houston Sugar Land Campus, infrastructure in Sugar Land Town Square, the Houston Museum of Natural Science-Sugar Land and the minor league ballpark, Constellation Field.
The Sugar Land Development Corporation was approved by Sugar Land voters in 1993 for the purpose of promoting, assisting and enhancing economic and development activities. The SLDC accomplishes these goals by funding infrastructure and incentive projects with a quarter-cent sales tax. SLDC has participated in over 45 projects spanning all areas of City government, including utilities, streets, aviation and drainage.
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