Mission

The mission of the Tye Industrial Development Corporation is to use Type A sales tax revenue to effectively stimulate Tye’s economic growth. This is done by evaluating the community’s economic development needs, developing a plan to meet those needs, coordinating community economic development efforts and supporting targeted activities that promote and development purposes and expanded business enterprises that enhance the quality of life in the community and maximize the public’s return on invested tax dollars.

Goals

The Board has identified 6 key goals in the City’s economic development efforts.

1. To make Tye competitive in the attraction of business and industry in order to create new, sustainable jobs.

2. To create new jobs and retain existing jobs by providing assistance to existing and emerging businesses.

3. Effectively market the new Small Business Incubator.

4. To strengthen and expand the skills of the Tye labor force.

5. To clean up and revitalize downtown Tye.

6. To help bring, retail business: grocery store, motels, fast food stores, and a bank to Tye.

Selling Points

1. Permits are easily granted and the City of Tye, TIDCO, TEDCO is willing to provide assistance.
2. Property taxes are low.
3. Schools are exemplary.

Projects 1

Tye Industrial Development Corporation:
The voters of Tye approved of a Type A - cent sales tax, to be used to help bring new businesses, retention and expansion of existing businesses in our city. The Board of Directors consists of: Charles Coomes – President, Jon Bright – Secretary/Treasurer. Other board members: Randy Roberts, Channing Ashenfelter, Jeanette Kingery & Gayland Chilers. Office is located at 649 Scott Street, Tye, Texas 79563. Phone number is (325) 695-8253.

Projects 2

Tye Economic Development Corporation
The voters of Tye during the May election of 1996 voted in the Type B - cent sales tax to be used to help the economy of Tye through projects that would enhance the city. The Board of Directors consists of: President, Sherry Lyle, Treasurer, Barbara Welch – Secretary . Other board members: William Blessing, Sheila Bright, Roy Votaw.Loraine Cooper, and Troy Latson. Connie Selden is the Chief Executive Officer for both TIDCO & TEDCO; their offices are located at 649 Scott Street, Tye, Texas 79563. Phone number is (325) 695-8253.