Contact PEDC
Why Pecos Economic Drivers Current Projects Regional Economic Activity Do Business Here Retail in Pecos Incentives Taxes Local Data Demographics Major Employers Education Healthcare Utility & Infrastructure Find Property Property Details About PEDC What We Do Staff & Board Meetings & Agendas Annual Reports News & Updates Pecos365 Living in Pecos Local Business Community Events & Things to Do Stories & Media Community Highlights Contact
Incentives · Type 4B Authority

Statutory tools, evaluated case by case.

PEDC operates under Type 4B authority, which enables participation in a range of qualifying economic development activities.

Every incentive is subject to formal review.

The Pecos 4B Economic Development Corporation (PEDC) operates under Type 4B authority pursuant to the Texas Development Corporation Act. Incentives are considered on a case-by-case basis and are subject to board approval and applicable agreements.

Availability depends on project type, capital investment, job creation, and compliance with statutory requirements and local policy. All incentives require formal review, documentation, and approval by the appropriate governing body.

Type 4B Economic Development Authority

Type 4B authority may allow participation in qualifying projects, including infrastructure improvements, land or building participation, and other eligible economic development activities consistent with Texas law.

Chapter 380 Agreements

The Town of Pecos City may consider Chapter 380 agreements pursuant to Texas Local Government Code, subject to Town Council approval.

Tax Abatement

Property tax abatement may be considered for qualifying projects in accordance with statutory requirements and locally adopted guidelines.

Tax Increment Reinvestment Zone (TIRZ)

Projects located within designated areas may be eligible for participation in a Tax Increment Reinvestment Zone structure, where applicable.

Local Assistance Areas

PEDC may assist with matching dollars for infrastructure and improvements, land, facilities, relocation, and workforce.

Opportunity Zone Context

Some projects or sites may include Qualified Opportunity Zone considerations. Eligibility and tax treatment should be reviewed with project counsel.

Contact PEDC to Discuss Incentive Eligibility View Available Sites
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.

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