Page 159 - CityofSaginawFY25Budget

CITY OF SAGINAW
DEPARTMENT DESCRIPTION

2024-2025

ECONOMIC DEVELOPMENT

The Economic Development Department seeks to promote, support, enhance, and diversify the local
economy through business recruitment, retention, redevelopment and information-sharing regarding market
conditions, development in Saginaw and around the DFW Metroplex. Success in this endeavor results in
added value to the local tax base through sales, ad valorem, and occupancy tax revenues, increased
workforce capacity, the diversification of industry offerings, community development initiatives and
programming, and transmarket promotion of the unique values, mission, and characteristics of the City of
Saginaw, Texas.

the Economic Development Department is responsible for: BUSINESS ATTRACTION / RECRUITMENT:
Recruiting businesses, talking to developers, commercial real estate, and site selectors and visiting with
colleagues.BUSINESS RETENTION / EXPANSION: Keeping what we have and growing what we have. NEW
DEVELOPMENT: New commercial, restaurant, entertainment, residential on vacant land/properties. RE-
DEVELOPMENT: The action or process of developing something again or differently. BUSINESS
PROMOTION & COMMUNICATION: Promotion, marketing and putting a face with a name. RELATIONSHIP
BUILDER: The Economic Developer's job is to establish relationoships with Developers, CEOs, Site
Selectors, Commercial Real Estate Professionals, Business Owners, Elected Officials and most importantly
the Citizens of Saginaw.

The Director of Community and Economic Development is responsible for local business analytic reports and
information-sharing, attending meetings of various boards, City Council, and the Development Review
Committee (DRC). Staff strives to encourage growth consistent with the City's economic development goals,
mission statement, vision statement, and strategic plan. The Director of Community and Economic
Development will serve as the main link between the City of Saginaw and prospective developers, brokers,
business owners, and commercial property owners.

Economic Developers are the professional visionaries and strategists who work to create jobs and to diversify
your community’s portfolio. Economic Development is about elevating the potential of your community.
Economic Development works to improve the overall "quality of life” in your community. People / Companies
will relocate to your community based on its amenities (parks & recreation, entertainment, food/retail), public
education system, permitting process, political stability, etc.

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