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About the Economic Development Corporation

The Schertz Economic Development Corporation (SEDC) broadly works to:

  • Recruit new businesses
  • Help existing businesses expand their operations
  • Propose and analyze the impacts of incentive packages
  • Assist businesses identify and connect to available resources at the local, state and federal levels

The Schertz Economic Development Corporation (SEDC) is a non-profit organization created by city voters in 1997 under Section 4B of the Texas Development Corporation Act. Section 4B allows for the imposition of a local sales and use tax dedicated to economic development, and the SEDC funds its operation and activities with a ½ cent sales tax. The Section 4B tax is intended to give communities an opportunity to undertake a project for quality of life improvements, including economic development that will attract and retain primary employers.
Cities may use money raised by this sales tax for a wide variety of projects including land, buildings, equipment, facilities expenditures and improvements related to projects defined in Section 2 of the Act (same uses as authorized for §4A) or found by the board of directors to be required or suitable for use for:

  • professional and amateur sports (including children’s sports) and athletic facilities; tourism and entertainment facilities; convention and public park purposes and events, (including stadiums, ballparks, auditoriums, amphitheaters, concert halls, parks and open space improvements, museums, exhibition facilities);
  • related store, restaurant, concession, parking and transportation facilities;
  • related street, water and sewer facilities; and
  • affordable housing.

To promote and develop new and expanded business enterprises that create or retain primary jobs, a city may provide:

  • public safety facilities;
  • recycling facilities;
  • streets and roads;
  • drainage and related improvements;
  • demolition of existing structures;
  • general municipally owned improvements;
  • maintenance and operating costs associated with projects; and
  • any other project that the board determines will contribute to the promotion or development of new or expanded business enterprises that create or retain primary jobs

Current board members:

Steven White, President
James Jamison, Vice President
Mark Roberts, Secretary
Arthur  Jones, Director
Roy  Richards, Director
Anthony Vaticalos, Director

Harry Whitney, Director 

Jim Fowler, City Council Liaison, Ex Officio Member
SEDC Staff:

George Antuna, Jr. – Executive Director
Erin Matlock – Economic Development Specialist
Jeff Jewell – Economic Development Specialist