Economic Development Boards

Large building spread across a space with surrounding parking Opens in new window

Economic development corporations are legal entities with the statutory authority to spend economic development sales tax dollars. The corporations are town-chartered and governed by a town-appointed board of directors. The corporations are referred to by the type of economic development sales tax uses approved by the voters, Type A and Type B. Northlake has two economic development corporations with a half cent sales tax dedicated to each. 

  • The Northlake Economic Development Corporation (EDC) is the town’s Type A corporation,
  • The Northlake Community Development Corporation (CDC) is the town’s Type B corporation.