MCIF welcomes new members

The McCulloch County Industrial Foundation (MCIF) met Wednesday for it’s first monthly meeting and welcomed five new members to the board who were in attendance for their very first meeting. The newly elected board members include Connie Jones, Tom Giordani, general manager of Oglebay Norton Industrial Sands, Mark Magee, the local investment representative with Edward Jones, Jason Jacoby, owner of Jacoby Feed and Seed Inc. and Zane Brandenberger, the new chief appraiser for the McCulloch County Appraisal District. To promote economic development, a city in Texas may opt to collect up to an additional one-half of one percent sales and use tax to fund economic development projects. Voters in Brady approved the additional sales tax, and the city created a development corporation to oversee these projects and the expenditures of these additional sales tax revenues, following the provisions of 4A or 4B of the Development Corporation Act of 1979. The MCIF is a board of volunteers who meet on a regular basis with the goal of recruiting and retaining businesses in McCulloch County as well as helping the Economic Development Corporation expand their capabilities. The MCIF is a 501c6 non-profit organization that receives its annual budget funding from the Brady EDC. In a shortened business portion of the Wednesday meeting, the group heard an update from the housing task force committee that has succeeded in the development of a project to build affordable homes in Brady. The first home of the project is already two- thirds complete and is located at the intersection of 7th and Cypress Streets. “This is a project that was’and still is’open to any qualified builder in the area,” said Schroeder. The meeting concluded after brief discussions about the progress of the addition to the Heart of Texas Historical Museum.

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