Pecos 4B Economic Development Corporation (PEDC) is funded by a one-quarter cent 4B sales tax referendum under the Development Corporation Act of 1979. It assists, stimulates and enhances economic development in Pecos subject to applicable state and federal laws, and the PEDC bylaws and articles of incorporation.
PEDC uses its sales tax revenues to increase job opportunities available to the citizens of Pecos by assisting in the expansion of local industry and the attraction of new industry to Pecos and Reeves County.
PEDC can assist with incentives for the following:
- Matching Grants for Infrastructure and Improvements
- Land
- Facilities
- Relocation
- Workforce
FEDERAL INCENTIVE PROGRAMS
STATE INCENTIVE PROGRAMS
Financing
Bonds
- Sales Tax Bonds
- Exempt Facility Bonds
- Tax-Exempt Industrial Revenue Bonds
- Texas Military Value Revolving Loan Fund
Grants
- Texas Capital Fund Infrastructure Program
- Texas Capital Fund Real Estate Development Program
- Moving Image Industry Incentive Program
Incentives
- Texas Enterprise Zone Program
- State Sales and Use Tax Refunds
- Manufacturing Machinery and Equipment
- Natural Gas and Electricity
- Texas Economic Development Act
- Freeport Exemption
- Goods in Transit Incentive
- Pollution Control Equipment Incentive
- Renewable Energy Incentives
Workforce Development
Other Assistance
