With November just around the corner, election season is in full swing. The 2020 general election will take place on November 3 with early voting starting as early as October 13.
Argyle’s local election will include Places 1, 3, and 5 on Town Council, as well as a special election for the creation of a municipal development district (MDD). An MDD is a district created for the purpose of generating economic development and growth opportunities within its boundaries. The proposed MDD’s boundaries would include Argyle’s town limits and Extra-Territorial Jurisdiction (ETJ), allowing the MDD to collect a one-fourth of one percent (0.25%) sales tax in both town limits and the ETJ.
Currently, anyone making a purchase of taxable items within town limits is subject to a 0.25% sales tax that funds Argyle’s Type B Economic Development Corporation (EDC). The MDD will allow this to be extended to include taxable purchases made in the ETJ. MDD’s can perform the same types of projects as the Type B EDC using the funds, with the addition of convention centers, civic centers, and other facilities.
I encourage you to learn more about the proposed MDD at: argyletx.com/287. For more information on upcoming elections, visit votedenton.com.
Mayor Pro Tem