Adopting the Economic Development Capital Improvement Program (EDCIP) for the Fiscal Years 2027-2031 of the Colleyville Economic Development Corporation

Staff Report & Agenda Item Details

Reading and Public Hearing The Colleyville Economic Development Corporation Bylaws require the Board to develop a combined Economic Development Capital Improvement Program (EDCIP) annually, which sets forth long and short-term goals. This program "shall be one that addresses the development needs of the City within the financial constraints available to the Corporation.” The "EDCIP shall identify the projects to be undertaken by the Corporation and include proposed methods and the expected cost of the implementation.” After the EDCIP is developed, it must be approved by the City Council. On August 4, 2026, the Board met in a worksession and reviewed and discussed the proposed projects included in the FY 2027-2031 EDCIP. The attached resolution approves the FY 2027-2031 EDCIP.

This motion is scored as EXPANDS_GOVERNMENT (Impact Weight: 2.0/10). Under the Bastiat Liberty Watchdog Index, measures that increase tax rates or fee schedules, issue new debt or Certificates of Obligation, expand regulatory/zoning restrictions on private land use, or authorize unbudgeted spending expansions reduce an official's Freedom Score when voted YES (and reward dissenting NO votes).