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EDC Incentive Guidelines and Incentives
Basic Philosophy of Program
The Sachse Economic Development Corporation will provide Local Business Grants to qualified Sachse businesses. Qualifying applicants may receive Grants to fund projects that enhance property and provide visual improvements to the exterior of their facilities. These projects may include landscaping, painting, parking improvements, painting, signage, building of facades and screening.

The Sachse Economic Development Corporation will meet regularly to consider grant applications. The SEDC will budget a limited amount of funding for the program. All applications are considered on a first come, first served basis. The SEDC Board of Directors will evaluate the program annually and the SEDC Board of Directors may terminate the program at anytime.

The Sachse Economic Development Corporation Board of Directors will discuss and act upon each application on a case-by-case basis. Grant amounts are considered on a case-by-case basis. The Board of Directors reserves the right to fund or not fund any project. Every project will require a written contract outlining the considerations of the Grantor and Grantee.

Grant Range and Geographic Area

General Beautification Grant

Generally, the Sachse Economic Development Corporation will match each project dollar for dollar up to a maximum of Ten Thousand Dollars ($10,000.00).

Examples:

If the total cost for completion of a qualified project is $7,200, the Sachse Economic Development Corporation will pay $3,600 or half of the cost of the project.

If the total cost for completion of a project is $24,000 the Sachse Economic Development Corporation contribution will be limited to $10,000, the maximum amount the SEDC may expend on a project under the program.

Signage Grant

Generally, the Sachse Economic Development Corporation will pay up to $6,000 for the replacement of an existing Pole Sign with an approved Monument Sign. There is no fund matching requirement under this portion of the program.

Examples:

If the total cost for completion of a qualified project is $4,200, the Sachse Economic Development Corporation will pay the entire $4,200 cost of the project.

However, if the total cost for completion of a qualified project is $9,000, the Sachse Economic Development Corporation contribution will be limited to $6,000, the maximum amount the SEDC may expend on a sign project under the program.

Grant Limitations
Grants will be limited to one project per location once every 5 years.

Applicants may apply for both a General Beautification Grant and Signage Grant for the same project but SEDC expenditures will not exceed Twelve Thousand Dollars ($12,000).

Locations with one owner but multiple tenants will be considered as one location under this program.

This program does not prohibit the SEDC Board of Directors from undertaking other projects or expending funds for other projects to attract, retain or expand business in Sachse.

Areas of Interest
The Sachse Economic Development Corporation seeks to improve the aesthetic appearance of our business community. Examples of projects that the SEDC will consider funding include but are not limited to:

• Landscaping and Tree Planting
• Paint, brick and similar building improvements and finish out
• Removal of unsightly trash and debris
• Screening of certain land uses
• Improved parking

Application Procedure
Each applicant is required to complete an application form provided by the Sachse Economic Development Corporation which will include the following information:

• A general description of the project
• The estimated cost of the project
• The amount of funding requested and description of the intended use of the funds
• Timeline for project completion

Applicants are encouraged to supply supporting information such as photographs of the property, contractor estimates and landscape or construction plans.

Fund disbursement:
Prior to receiving any funds for an approved project, the applicant must sign an incentive contract with the Sachse Economic Development Corporation, which contains the terms and conditions for the use of the funds. The Sachse Economic Development Corporation will inspect the project following completion. Successful applicants will be required to provide copies of all invoices, receipts and other evidence of the projects costs incurred by the applicant prior to the disbursement of funds. 

Grant Application 


Grants and Incentives

Tax Abatement
The City of Sachse is committed to the promotion and retention of high quality development within the city and to better the quality of life for its citizens.  To meet these objectives, the city will, on a case-by-case basis, consider providing tax abatements or other economic development incentives to aid in the stimulation of economic development in Sachse.
Tax Abatement and Incentive Application
Tax Abatement and Incentive Policy

Fee Waivers
Fee waivers may reduce or eliminate any city fees associated with the development of the project.  Where a company intends to develop property for the consideration of a sales tax generator and other public improvements, the city will agree to waive the collection of permit fees.

Infrastructure Improvements
Infrastructure improvements include the provision of, or participation in, the extension of community infrastructure to the project site, including water, wastewater, drainage or road improvements.

380 Agreements
The City may consider providing loans or grants of city funds as permitted by Section 380.001 of the Texas Local Government Code.
Texas Local Government Code

Tax Increment Financing (TIF)
The area in which TIF is being used is known as a Tax Increment Reinvestment Zone (TIRZ).  By leveraging private investment for certain types of development within a targeted area, TIF can be used to finance new and/or enhanced public improvements and infrastructure. 
Tax Increment Financing District

Expedited Permitting
The Community Development Department has created a Technical Review Committee to review development plans to streamline the permit process.  It is the intent of the City to facilitate the review of all plans in an expeditious manner.

General Beautification Grant
Generally, the Sachse Economic Development Corporation will match each project dollar for dollar up to a maximum of $10,000.  The main retail corridor of Highway 78 has been an ongoing improvement project and funds are available to assist in any beautification grant for a business located within the city.
Grant Application

Sign Grants
Generally, the Sachse Economic Development Corporation will pay up to $6,000 for the replacement of an existing pole sign with an approved monument sign.  Several grants have been allocated for businesses wanting to make improvements to their business sign.
Grant Application

Skills Development Fund
Through the Texas Workforce Commission, in cooperation with industry and the local community college, this fund assists businesses by designing, financing and implementing customized job training programs.
Skills Development Fund - A Job Training Program

Texas Enterprise Fund
The Texas Enterprise Fund (TEF) provides the State's leaders with a "deal closing fund" that has the flexibility and financial resources to help strengthen the State's economy.  The fund can be used for a variety of economic development projects including infrastructure and community development, job training programs and business incentives.  Before funds can be awarded, the governor, lieutenant governor and speaker must unanimously agree to support the use of the TEF for each specific project.
Texas Enterprise Fund - How Does It Work

Emerging Technology Fund
This program establishes partnerships between State governments, institutions of higher education and private industries to focus greater attention on the research, development and commercialization of emerging technology in early state companies. 
Emerging Technology Fund - More Information

Applications
Applications may be submitted by mail, email, fax, or delivered in person:

Mailing Address

Leslyn Blake, CEO
Sachse Economic Development Corporation
3815 Sachse Road, Building B Sachse, Texas 75048
469-429-4764  

Grant Application 
Tax Abatement and Incentive Applications


Contact Us
Sachse Economic
Development Corporation

3815 Sachse Rd., Building B
Sachse, Texas 75048
Ph: 469.429.4764
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