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Edinburg EDC: Retail economy has produced almost $6.9 million in local sales taxes in past four months, ahead of same period the previous year

Featured: Students and faculty from the University of Texas Rio Grande Valley in February 2017 won numerous awards for creative excellence at the American Advertising Federation (AAF)-Rio Grande Valley ADDY awards competition. Shown, front row, from left, are: Ping Xu, UTRGV Assistant Professor of Graphic Design; and UTRGV students Richard Guzmán; Alexandra González; Jacqueline Maldonado; and Arael Meza. Back row, from left: Samuel Hernández; UTRGV Art Lecturer Erika Balogh; Mónica Lugo; Julio Aranda; Mariana Zapata; and Robert Gilbert, Associate Professor of Graphic Design. The Edinburg Mayor and Edinburg City Council, along with the Board of Directors of the Edinburg Economic Development Corporation, lobby the Texas Legislature and the UT System Board of Regents on behalf of UTRGV in Edinburg and the UTRGV School of Medicine in Edinburg.

Photograph Courtesy of MARCI CALTABIANO

Between November 2016 and February 2017, Edinburg’s retail economy remained ahead of the same period the year before, up 0.63 percent, based on local sales taxes generated, the Edinburg Economic Development Corporation has announced. For the month of February 2017, the city’s retail economy was slightly behind the pace set during the month of February 2016 – registering a slight drop of 1.08 percent – with almost all of the other Valley communities also reporting decreases in local sales taxes generated from the same month the prior year. From November 2016 through February 2017, Edinburg’s retail economy produced $6,888,933.94 in local sales taxes, compared with $6,845,130.80 for November 2015 through February 2016, an increase of 0.63 percent. For February 2017, Edinburg’s retail economy produced $1,543,532.91 in local sales taxes, compared with $1,560,406.24 in February 2016, representing a decrease of 1.08 percent. The Edinburg EDC, of which Agustín García, Jr. is Executive Director, is the jobs-creation arm of the Edinburg Mayor and Edinburg City Council.The Edinburg EDC Board of Directors is comprised of Mayor Richard García as President, Harvey Rodríguez, Jr. as Vice President, Elías Longoria, Jr. as Secretary/Treasurer, and Richard Rupert and Dr. Peter Dabrowski as Members. Mayor Richard García and Edinburg EDC Executive Director Agustín García, Jr. are not related.

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Edinburg EDC: $102.6 million in construction took place during first two months of 2017; “We are on track to exceed $209 million by the end of this year,” Mayor García confidently predicts

Featured, from left: Mayor Pro Tem J.R. Betancourt; Harvey Rodríguez, Jr., Vice President, Board of Directors, Edinburg Economic Development Corporation; Elías Longoria, Jr., Secretary/Treasurer, Board of Directors, Edinburg Economic Development Corporation; and City Councilmember Homer Jasso, Jr. The local leaders were in attendance on Wednesday, April 12, 2017 for the State of the City Address by Mayor Richard García, held in the recently-opened IMAX theatre in Edinburg. “Success attracts success, and major developments such as this venue where we are, is one such example,” García said. “We are proud to be the home to the only IMAX theatre south of San Antonio. This IMAX is a $5 million investment, creating 50 jobs, and contributing a riveting movie experience.”

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Featured, from left: City Councilmember David Torres and his wife, Ellie Torres, who currently serves on the Board of Trustees for the Edinburg Consolidated Independent School District; and Ambrosio “Amos” Hernández, M.D., Mayor of Pharr, on Wednesday, April 12, 2017 for the State of the City Address by Mayor Richard García, held in the recently-opened $5 million IMAX theatre in Edinburg. Torres also is a former member of the Board of Directors for the Edinburg Economic Development Corporation. Mayor Richard García predicted that the construction activities in Edinburg are sure to break last year’s mark. “In 2016, the Planning and Zoning Department issued $209 in construction project permits, up from $139.5 million in 2015, $120.5 million in 2014, and $123 million in 2013,” the mayor reported. “We are on track to exceed $209 million by the end of this year.”

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Featured: City Councilmember Richard Molina and his wife, Dalia (shown smiling at the camera), take a photograph with an unidentified resident outside the recently-opened $5 million IMAX theater in Edinburg. The Molinas along with the Edinburg City Council and the Board of Directors for the Edinburg Economic Development Corporation joined several hundred area residents on Wednesday, May 12, 2017, for the State of the City Address by Mayor Richard García. Total construction activities in Edinburg during February 2017 reached more than $9.2 million – almost the exact total for the February 2016 figure – with the construction of new homes leading the way, the Edinburg Economic Development Corporation has announced. Year-t0-date, however, as a result of a construction permit valued at $80 million for the city-owned Bert Ogden Arena being issued in January 2017, total construction in the city for the first two months of 2017 is valued at more than $102.6 million – more than double the $45.4 million combined level for January and February 2016.

Photographs By ALEX RÍOS

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Edinburg EDC: Local government, led by the Mayor and City Council, meets highest standards in U.S. on how Edinburg handles its finances

Featured, from left: Elías Longoria, Jr., Secretary/Treasurer, Edinburg Economic Development Corporation; Rep. Terry Canales, D-Edinburg; Sen. Juan “Chuy” Hinojosa, D-McAllen; and Edinburg Mayor Richard García, on Friday, March 17, 2017, during groundbreaking ceremonies for the Department of Public Safety Mega Driver License Center in north Edinburg. The multi-million dollar, 25,000 square foot facility, located at the corner of Davis Road and I69C, is one of the many examples of economic growth in the city. The public safety complex, which will bring almost 70 jobs, also represents the state government’s confidence in locating in Edinburg, in part because the city excels in promoting and protecting public funds at all levels.

Photograph By ALEX RÍOS

Edinburg’s municipal government, led by the Mayor and Edinburg City Council, meets the highest standards for U.S., state and local governments on how it handles its financial activities, according to a state-required annual audit that was presented during a public meeting at Edinburg City Hall on Tuesday, March 28, 2017, the Edinburg Economic Development Corporation has announced. The Edinburg EDC, whose Executive Director is Agustín García, Jr., is the jobs-creation arm of the Edinburg Mayor and Edinburg City Council. The Edinburg EDC Board of Directors is comprised of Mayor Richard García as President, Harvey Rodríguez, Jr. as Vice President, Elías Longoria, Jr., as Secretary/Treasurer, and Richard Ruppert and Dr. Peter Dabrowski as Members. As part of its mission to help create jobs, the Edinburg EDC uses key information from independent, reliable, and authoritative sources, such as the Comprehensive Annual Financial Report, released on Tuesday, March 28, 2017, to inform residents, and to maintain and increase confidence in the ethical practices of its city government, promote the expansion of existing businesses, and recruit new businesses to the community. At that meeting, held in the Council Chamber, Carr, Riggs & Ingram, LLC delivered an Unmodified Opinion, the best rating possible, following its examination of three aspects of the city’s financial operations: (1) internal controls; (2) statements, records, and accounting transactions; and (3) compliance with statutory and budgetary requirements. Ruben Moreno, CPA (Certified Public Accountant), Partner with Carr, Riggs and Ingram, LLC , and Aaron Ríos, CPA, Manager with Carr, Riggs and Ingram, LLC, presented the audit to Mayor Pro Tem J.R. Betancourt, himself a CPA, who was representing the mayor and fellow city councilmembers at the public session. The Unmodified Opinion, which covers the 12-month period that ended September 30, 2016, and other financial highlights by Carr, Riggs & Ingram, LLC send out a favorable message, locally and beyond, that Edinburg’s economy continues to be strong, and the city is a good place to call home, said Betancourt. Key financial statements by the city directly reflected positive growth in Edinburg’s economy that came without any increase in the city’s property tax rate or the local sales tax rate, Betancourt noted. “One of the great things about the audit is that is shows how well the city is doing, that we have a very fiscally strong budget, we have reserves in the bank to provide public services through emergencies,” the mayor pro tem continued. “The economy is doing well here and in the Valley. Edinburg has not been so fiscally strong in the last 10 to 15 years.”

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Edinburg EDC: Retail economy shows continued growth, with January 2017 local sales tax revenue up by more than 3.7 percent over January 2016

Featured: Dr. Peter Dabrowski, Maestro of the Valley Symphony Orchestra, and a member of the Board of Directors for the Edinburg Economic Development Corporation, on Tuesday, February 28, 2017, was inducted into the Rio Grande Valley Walk of Fame at Hidalgo’s BorderFest. Presenting him with the honor was Miss Hidalgo 2016 Alma Pamela Niño. Dabrowski was nominated by the City of Edinburg and selected to the Rio Grande Valley Walk of Fame by the City of Hidalgo, Hidalgo’s BorderFest committee, and the Rio Grande Valley Walk of Fame Commission. Dabrowski is in his 15th season as Music Director and Conductor of the Valley Symphony Orchestra. Additionally, he serves as Associate Dean of the College of Fine Arts, Professor of Music, and Conductor of the University of Texas Rio Grande Valley Symphony Orchestra in Edinburg. He is committed to providing exhilarating musical performances and education in the Rio Grande Valley. The Walk of Fame celebrates life, achievements and significant civic contributions of outstanding men and women in all walks of life to the communities in the Rio Grande Valley and South Texas.

Photograph By RONNIE LARRALDE

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Featured, from left: Hiren Govind, Chief Operating Officer, Qube Hotel Group; Mike Govind, Owner and Operator, Best Western Plus – Edinburg Inn & Suites; Letty González, President, Edinburg Chamber of Commerce; and Jacob De León, Funeral Director, Memorial Funeral Home, and Chairman of the Board, Edinburg Chamber of Commerce, on Tuesday, February 28, 2017, at the State Farm Arena in Hidalgo. During that evening, as part of the City of Hidalgo’s 2017 Borderfest, Mike Govind, a former member of the Board of Directors for the Edinburg Economic Development Corporation, was inducted into the Rio Grande Valley Walk of Fame.

Photograph By RONNIE LARRALDE

Edinburg’s retail economy showed an improvement of more than 3.7 percent in January 2017 compared with January 2016, based on local sales taxes generated during those months, the Edinburg Economic Development Corporation has announced. The amount of local sales taxes collected also helps reflect the strength of an economy, along with construction activities, per capita income, education, historical performances, and related trends. The local sales tax is used in Edinburg to help pay for many city services, while the Edinburg Economic Development Corporation uses its one-half cent local sales tax to help generate economic development in the city. For January 2017, Edinburg’s retail economy produced $1,573,510.95 in local sales taxes, compared with $1,516,885.34 in January 2016, representing an improvement of 3.73 percent. Edinburg’s 3.73 percent increase was third-best among the Valley’s major economies, with Harlingen posting the top improvement, a 4.10 percent growth in January 2017 over January 2016. In terms of local sales tax revenue for January 2017, McAllen led all major Valley cities with $4,129,303.57. Brownsville was second, ($2,586,308.57), Harlingen was third ($1,769,340.94), and Edinburg was fourth ($1,573,510.95). The Edinburg EDC, of which Agustín García, Jr. is Executive Director, is the jobs-creation arm of the Edinburg Mayor and Edinburg City Council. The Edinburg EDC Board of Directors is comprised of Mayor Richard García as President, Harvey Rodríguez, Jr. as Vice President, Elías Longoria, Jr. as Secretary/Treasurer, and Richard Rupert and Dr. Peter Dabrowski as Members.

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Edinburg EDC: $93.4 million in total construction took place in city during first month of the year, boosting hopes that 2017 will reach record level

Featured, from left: Elva Jackson Garza, Vice President & Marketing Manager, Edwards Abstract and Title Co.; Byron Jay Lewis, President & CEO, Edwards Abstract and Title Co.; Guy S. Huddleston, III, Senior Vice President & Corporate Ambassador, Edwards Abstract and Title Co.; Mike Overly, Executive Vice President/COO/CFO, Edwards Abstract and Title Co.; Edinburg Mayor Richard García; Dr. Ted C. Jones, Ph.D., Chief Economist and Senior Vice President, Stewart Title Guaranty Co.; D.D. Hoffman, Senior Vice President & Corporate Ambassador, Edwards Abstract & Title Co., and Brandon Linscomb, Vice President/Agency Services Manager, Stewart Title Guaranty Company. This portrait shot was taken on Thursday, March 2, 2017 at the Edinburg Conference Center at Renaissance during the 13th Annual Real Estate Forum, which drew almost 300 real estate professionals and business leaders, and which was hosted by Edwards Abstract and Title Co., whose headquarters is in Edinburg. Garza is a former member of the Board of Directors for the Edinburg Economic Development Corporation. García is the President of the Edinburg EDC Board of Directors.

A group photo during the H-E-B Distinguished Chair in Diabetes and Genomics for the South Texas Diabetes and Obesity Institute luncheon on Wednesday, Mar. 8, 2017 at the McAllen Country Club in McAllen, Texas. From L to R: Dr. Havidan Rodriguez, Winell Herron, Dr. Sarah Wililams-Blangero, Linda Tovar, Kelly Scrivner-Cronin.
UTRGV Photo by Paul Chouy

Photograph By ROBERTO GONZÁLEZ

Featured, from left: Dr. Havidán Rodríguez, Provost and Executive Vice President for Academic Affairs, The University of Texas Rio Grande Valley; Winell Herron, Vice President of Public Affairs, Diversity & Environmental Affairs, H-E-B Grocery Company LP; Dr. Sarah Williams-Blangero (seated), Director, South Texas Diabetes and Obesity Institute (STDOI); Linda Tovar, H-E-B Manager of Public Affairs, Border Region; and Dr. Kelly Scrivner-Cronin, Vice President for Advancement, The University of Texas Rio Grande Valley. Williams-Blangero, a genetics and infectious diseases expert, is Director of STDOI. UTRGV leaders on Thursday, March 9, 2017, named Williams-Blangero as the Endowed Chair of the H-E-B Distinguished Chair in Diabetes and Genomics for the South Texas Diabetes and Obesity Institute. Rodríguez is a former member of the Board of Directors of the Edinburg Economic Development Corporation.

Photograph By PAUL CHOUY

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