The Little Elm Community Development Corporation (CDC) is a 4B Corporation established under the Development Corporation Act of 1979. The CDC is tasked with the promotion and development of new or expanded business enterprises, parks, and other community projects.
The CDC derives its funding from a one-quarter cent sales tax collected in the Town of Little Elm. The CDC was established in October of 2007 and has an independent board appointed by Town Council to govern the Corporation. The CDC's focus is the planning and growth of the parks and recreation system by applying the one-quarter cent sales tax towards capital projects that benefit parks and other related projects.
The CDC meets quarterly on Wednesdays at 6 p.m. at the Little Elm Recreation Center, Admin Conference Room.
Upcoming meeting dates are:
August 19, 2020 - Special Meeting & Public Hearing
October 14, 2020
$100M toward the development of the Little Elm Recreation Center Expansion project
$490,000 for soccer field lights in Little Elm Park
$100M toward development of Beard Park
$400M toward the development at Little Elm Park for the Boat Ramp and expanded Swim Beach
Little Elm Recreation Center
$50,000 per year toward streetscapes at Little Elm Park, Lobo Lane, Walker Lane, and Hart Road
$60,000 for lightning detection system at Little Elm Park and Cottonwood Sports Complex
Edee Hansen - Chairman, Term Expires August 2, 2020
Steve Petrasic -Vice-Chairman, Term Expires October 20, 2021
Jan Eaken - Member, Term Expires October 20, 2021 Steve McGee - Member, Term Expires October 20, 2021 Open - Member, Term Expires August 2, 2020 Ernestine Burtley - Member, Term Expires August 2, 2020 Jennifer Ward -Member, Term Expires October 20, 2021 Lisa Norman - Council Liaison