About New Boston SIDC tells you when it was formed and how it receives incentive income to help their Mission.
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