About the Corporation
La Grange Economic Development Corporation (HEDCO) is a Texas non-profit corporation, managed by a seven-member Board of Directors whose members are appointed by, and serve at the pleasure of the La Grange City Council. The everyday oversight is the responsibility of the Director of Community Development and the Community and Economic Development Manager. The corporation was created under Section 4B of the Development Corporation Act of 1979 and governed by Article 5190.6, Revised Civil Statutes of the State of Texas, as now existing or as may be amended. LGEDC was established in January of 1996 by a vote of the citizens of La Grange, Texas.
The mission of the La Grange Economic Development Corporation of the City of La Grange is to encourage and support the retention and expansion of existing businesses within the local area, support public infrastructure improvement projects, work to attract new business opportunities in an effort to increase the local tax base and improve the quality of life for residences.
The La Grange Economic Development Corporation will work to provide a business climate that encourages healthy commercial areas that capture more of the purchasing power of the community while creating destination activities to capture regional dollars.
- To work with local businesses in the areas of retention and expansion by providing incentives that encourage and support business growth and job creation.
- Work to attract new businesses that provide new employment opportunities for the area, while increasing the local tax base to improve the quality of life for La Grange residences.
- Work to support public infrastructure improvement projects that encourage, support and sustain future growth for the community.