The Round Rock Transportation and Economic Development Corporation (sometimes called the Type B Corporation) is a seven-member citizen panel that promotes economic development within the City through transportation system improvements. In addition, the Corporation reviews and approves payments of maintenance and operating expenses associated with authorized projects approved by the Corporation.
Created in 1997, the Board promotes the improvement of streets, roads, drainage and other related transportation systems, including the maintenance and operating expenses associated with them. The Board finances projects by issuing bonds, notes and other forms of debt. Voters in 1997 approved the creation of the Type B Corporation and the levy of a half-cent sales tax to fund it.
In November 2011, voters approved the expansion of the use of Type B funds to include the uses allowed by State law. This means that Type B funds are now used to promote economic development within Round Rock by offering incentive packages to companies when necessary while still using the majority of the funds on transporation projects on eligible roads through the City.
The Board develops, reviews and updates the City‚Äôs Transportation Capital Improvement Program to ensure the plan meets the community‚Äôs transportation needs. The Board reports to City Council each year no later than March 1.
The term ‚ÄúType B‚ÄĚ comes from the Texas State Law that establishes the criteria for such entities.
The Round Rock Transportation and Economic Development Corporation meets at minimum once every quarter. Special meetings may be called. All meetings are broadcast live on Time Warner Cable Channel 10, Round Rock's government access channel.
The Board's annual meeting is at 5:30 p.m. on the second Thursday of January each year.
Corporation members are appointed to two-year staggered terms by the City Council. Members must be eligible voters and current residents of Round Rock. For more information contact the City Clerk's office at 512-218-5404.
The Board consists of seven directors, appointed by the City Council. The directors must be residents of the City of Round Rock.
Three of the directors must not be City employees, officers of the City or members of the City Council.
The President, Vice President and Secretary are appointed by the Mayor from among the Board members and approved by the City Council. Each serves a term of one year.
- Alan McGraw (President)
- James Kraz (Vice-President)
- Mike Robinson (Secretary)
- Hollis Bone
- George White
- Joe Clifford
- Cam Scott
Contact Corporation Members
Contact commissioners through the City Clerk's office at (512) 218-5404. Send correspondence in care of the City of Round Rock Administration Department, 221 E. Main Street, Round Rock, Texas 78664.
August 2013: White, Kratz, Robinson, McGraw
August 2014: Clifford, Scott, Bone