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Monday, November 4, 2024 at 11:26 PM

Taylor EDC grants $70K for two projects

CITY COUNCIL

The Taylor Economic Development Corporation recently approved two agreements that help with improvements needed for two downtown area projects.

“Downtown Taylor is an important asset as we expand our economy. We want to continue to see activity grow in downtown while maintaining its unique charm,” said Betty Day, TEDC chairperson.

The TEDC voted to help fund an expansion at Jeff’s Resurrections owned by Jeff Snyder. Jeff’s Resurrections has been bringing some of the world’s finest cars back to life in downtown Taylor for almost three decades. With the grant provided by the TEDC, Jeff’s Resurrections plans to expand its business to the building located on Porter and First Street, and help beautify an older facility that faces the Amtrak Station.

“We’re excited to be restoring one of the last remaining old commerce street warehouses in Taylor, which will enable us to introduce a major new element to our own business and also help preserve a historic commercial structure for the next generation. We appreciate the TEDC for this recognition,” Snyder said.

This project will be eligible for $20,000 in reimbursement grant funds once receipts on eligible expenses are provided.

The second project, the TEDC voted to fund some improvements related to the redevelopment of The Howard Theater. The redevelopment of The Howard Theater will include the opening of a movie theater in downtown and provide some office and storage for the business.

“I am excited about what lies ahead for the Howard,” said developer Channing Kingery-Boles. “And I plan on keeping these dollars in the community by using local contractors to assist me in bringing back the Howard for all of the past, present and future citizens of Taylor.”

The developer will be eligible for up to $50,000 in grants once the developer has shown paid receipts on qualifying expenses.

The Taylor EDC, founded by voters in 1994, is funded by onehalf percent of the annual sales tax in the city. It leads economic development efforts for the city about 35 miles northeast of Austin.


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