About PEDC · Type 4B Economic Development Corporation

Statutory authority. Transparent governance. Active coordination.

PEDC is a Type 4B economic development corporation authorized under Texas law, operating with board oversight, public meeting requirements, and formal project approval processes.

Organizational Overview

The Pecos 4B Economic Development Corporation (PEDC) operates under Type 4B authority pursuant to the Texas Development Corporation Act and supports eligible economic development activities within the Town of Pecos City.

PEDC is not a promotional organization - it is a Type 4B economic development corporation authorized under Texas law. That statutory standing gives PEDC the authority to participate in infrastructure improvements, land and building transactions, and other economic development activities - not just advise on them.

All activities are conducted under board oversight, in full compliance with the Texas Open Meetings Act and applicable public information requirements. That structure is public, transparent, and on the record.

Governance Structure

  • A Board of Directors appointed pursuant to governing authority
  • Public meetings conducted in accordance with the Texas Open Meetings Act
  • Financial reporting and annual documentation requirements

Board action is required for incentive agreements, infrastructure participation, and project approvals.

PEDC office at 119 South Cedar, Pecos
Our Purpose

Mission & Vision

Mission

The mission of the Pecos 4B Economic Development Corporation is to strengthen and diversify the local economy through strategic partnerships, business attraction, workforce development, infrastructure investment, and responsible growth in the energy, tourism, transportation, and technology sectors. We are committed to creating quality jobs, expanding the tax base, and fostering long-term prosperity for residents, businesses, and future generations.

Vision

The Pecos 4B Economic Development Corporation envisions Pecos, Texas, as the premier rural economic hub in West Texas, leveraging its strategic location, abundant energy resources, transportation networks, and business-friendly environment to create a prosperous and resilient economy for generations to come.

Core Values

The principles behind every PEDC decision.

  1. Partnership

    We build strong relationships and collaborate with businesses, government entities, community organizations, and residents to achieve shared economic success.

  2. Ethics

    We conduct ourselves with integrity, transparency, and accountability.

  3. Creation

    We foster innovation, entrepreneurship, and forward-thinking solutions that drive economic growth and opportunity.

  4. Opportunity

    Creating pathways for growth, development, and prosperity.

  5. Stewardship & Sustainability

    Responsibly managing resources to ensure long-term economic and community well-being.

About PEDC

Governance, records, and public updates.

Authority01 / 05

What We Do

What PEDC can do, how projects get evaluated, and what the process looks like.

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Leadership02 / 05

Staff & Board

The board members and staff responsible for PEDC’s decisions and operations.

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Public Meetings03 / 05

Meetings & Agendas

All public meeting notices, posted agendas, and approved minutes.

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Reports04 / 05

Annual Reports

Annual reports, audits, and financial disclosures - the full operating record.

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Updates05 / 05

News & Updates

Groundbreakings, project milestones, board actions, and development updates.

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Engage

Ready to Evaluate Opportunities?

Whether considering expansion, site development, or intergovernmental coordination, PEDC works directly with businesses and public entities to review project-specific considerations.

Office119 South Cedar, Pecos, TX
Phone(432) 445-9960
HoursMon - Fri · 8:00 - 5:00 CT
AuthorityTexas Type 4B EDC