Entries by luke

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Marble Falls EDC commits money to help staff Workforce Network

The Marble Falls Economic Development Corp. entered a three-year funding commitment with Workforce Network Inc. during the EDC’s regular meeting Wednesday, Jan. 5. Beginning this fiscal year, the EDC will provide the nonprofit with $20,000 a year for three years to use toward growing staffing needs. Workforce Network Inc. is a nonprofit workforce intermediary serving communities […]

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Backbone Creek stabilization project completed in Marble Falls’ Johnson Park

Backbone Creek stabilization project completed in Marble Falls’ Johnson Park   Brigid Cooley Marble Falls City Engineer Kacey Paul addresses the audience during a Dec. 7 ribbon-cutting ceremony for the Backbone Creek Bank Stabilization Project, which began in mid-2020. The project stabilized banks along Backbone Creek and added roughly 2 acres of park land to the […]

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Next stage of Lakeside Park improvements to begin as EDC signs agreement

The Marble Falls Economic Development Corp. will work with Stantec, an engineering services company, in developing the next steps of Lakeside Park Phase 1B improvements. The EDC approved entering a $553,095 professional services agreement with the company during its Monday, Sept. 27, meeting. Stantec will spend the next eight months working on design development and […]

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With agreements, Marble Falls hotel and conference center closer to construction

The Marble Falls Economic Development Corp. entered land purchase, management, and lease agreements with Marble Falls Hotel Group LLC during the EDC’s Sept. 27 meeting. The actions allow for the construction of a planned hotel and conference center. Illustration courtesy of Marble Falls EDC Legal documents to bring the Marble Falls Hotel and Conference Center closer to […]

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The 10 Most Affordable Lake Towns in America, 2021

Can it be? The dog days of summer 2021 are upon us at last. And while plenty has changed over previous years, one thing remains constant: an overwhelming desire among many Americans to head to the water—and, just maybe, consider what it would take to own a house there. But in today’s overheated housing market, […]

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COVID and the MF Economy

Over the last several months, I’ve been reluctant to share my normal updates on economic indicators for Marble Falls. The context for these updates has been turned on its head, and it seems that every statement made by every public official these days is derided by exactly 50% of the population for either politicizing the pandemic or ignoring science, even if it’s not really related to COVID. It’s exhausting and annoying.

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Why Downtown?

Why Downtown?” was a question I was often asked when the EDC started working on the creation of a tax increment reinvestment zone (TIRZ) back in 2012. I think that people underestimated Downtown’s value and wondered why we weren’t focusing our efforts elsewhere. Today, I think people have begun to recognize Downtown’s value—or, if not, at least its potential—but the questions remain about prioritization of projects. To begin my response, I will share the same quotation here that I included in a blog on the TIRZ in 2013:

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Where Does the Revenue Go?

Last week, I received an email from a friend asking how increases in sales tax are being used and how they can’t be used.  It was a great question that deserved a proper response, and I thought I would include it here for others to see as well. Regarding the facts and figures I post, […]