The PILOT POINT ECONOMIC DEVELOPMENT CORPORATION (PPEDC) is a non-profit corporation for purposes to be accomplished on behalf of the City of Pilot Point, Texas. The Corporation was established in accordance with the Texas Development Corporation Act of 1979, Article 5190.6, Section 4B Texas Rev. Civil Statutes Annotated, as amended, other applicable laws, and Resolution No. 211-96 adopted by the City Council of the City on the 26th day of August, 1996, including all permissible projects prescribed by the Act, and for maintenance and operating costs of publicly owned and operated projects.
The registered office of the Corporation is located at 102 E. Main, Pilot Point, Denton County, Texas 76258, whose mailing address is P. O. Box 457, Pilot Point, Texas 76258-0457.
RELATIONSHIP WITH THE CITY.