The New Boston Special Industrial Development Corporation was incorporated on October 18th, 1990 by Resolution of the City of New Boston pursuant to the Development Corporation Act of 1979 (Article 5190.6, Sec 4A, Vernon’s Texas Civil Statues).
The citizens of New Boston have passed a 1/2 cent sales tax (Type A) dedicated solely to the pursuit of industry. The New Boston SIDC has successfully attracted industries to our area in the past by the use of land, cash and tax abatement incentives.
New Boston TX SIDC is a Special Industrial Development Corp to support the development, expansion and relocation of new and existing companies to the New Boston area. The CDC is the Community Development Board that is also involved within the SIDC and the City of New Boston. The New Boston SIDC currently has a very active Board of Directors and recently hired a new Administrative Director. That Board of Directors consists of President David Daniel, Vice-President Chad Duffer, and members Lynn Davis, Ronny Looney and Kelley Branson.
