Spurred to succeed, well stocked to incentivize
A city unified by C.A.R.E.: C.A.R.E.—short for Creation, Attraction, Retention and Expansion—is how Stephenville’s mayor described effective economic development to the more than 50 enthusiastic business and community leaders, including leaders from Tarleton State University, who gathered in 2015 to discuss a proposal for a Type B economic development tax. The C.A.R.E. description resonated, and because Stephenville is a city that cares about its future, when the Type B proposal was put to a city-wide vote just months later, it passed overwhelmingly. And that allowed Stephenville to take a major step forward with newly flexible incentives and a new ready-to-succeed Executive Director of the Economic Development Authority.
Type B development, A+ effort: Stephenville’s Type B sales tax arrangement enables the city to undertake all the job- and employer-related efforts available under the state’s Type A program, and also provides ample leeway to undertake quality of life projects that ultimately result in a more livable city that is more attractive to new residents and industry.
A knowledgeable director: SEDA Executive Director John Hubbard knows how to get industry from here to there, whether it’s location and logistics for product delivery or whether it’s meeting your operational goals for the future with the right labor and incentives. When he joined the Stephenville EDA team in the summer of 2016, John brought years of economic development experience to the table, with a resume that includes service to other Texas municipalities as an EDC executive director, as an assistant city manager for economic & community development, and as a city manager. A multi-certified economic developer, John has learned economic development from every angle and has taught it as well: He earned his Master’s degree in economic development from the University of Southern Mississippi (where he was inducted into Phi Kappa Phi and Golden Key Honor Societies), and has served as adjunct professor in Logistics and Supply Chain Management at University of North Texas-Dallas. And while John is still interested in learning—he recently completed a Doctoral degree in Human Capital Development at the University of Southern Mississippi where he was a Munro Petroleum Scholar—what he is most eager to know is what your company needs, both right now and in the years ahead. With a well-stocked toolbox of incentives, and a unified city behind him, John is ready to guide Stephenville in answering your requirements to create the greatest success.