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Lago Vista eyes Economic Development Corp. to help find funding for big projects

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Lago Vista eyes Economic Development Corp. to help find funding for big projects

Over the last several years, Lago Vista economic development leaders have been looking at creative ways to facilitate economic development in the city, which has a population of about 10,000 people. The latest plan is formation of a Type B Economic Development Corp. This article details what developers and incoming companies should know. These specialize groups in the suburbs have wielded financial incentives to help attract everything from restaurants and grocery stores to industrial speculative buildings and big manufacturing projects.