# 9-15-2026 EDC Meeting

The City of Bandera Economic Development Corporation (EDC) held a meeting on September 15, 2026, focusing primarily on financial management and procurement-related matters. Key discussions included the transfer and management of EDC funds between local banks and investment pools such as Bandera Bank and Techstar, with detailed presentations on investment options, liquidity, and yield rates. The board approved current financials and discussed the diversification of investments to balance local and non-local funds. Additionally, the EDC reviewed bids for a community improvement project at Settlers Park, comparing proposals and considering budget constraints, with plans to form a subcommittee to oversee the project. The board also established a timeline and procedure for accepting and awarding promotional funding applications, including posting information on the city website and social media. An invoice for administrative expenses was approved, and the board discussed scheduling future meetings to enhance efficiency. Overall, the meeting addressed budget allocations, investment strategies, contract bids for park improvements, and procedural updates for funding applications, reflecting active procurement and financial oversight by the EDC.

**Jurisdictions:** sled
**Industries:** Construction & Infrastructure, Professional Services
**Topics:** Grants & Funding, Physical Infrastructure
**Published:** September 15, 2026

### Sources
- [9-15-2026 EDC Meeting](https://www.youtube.com/watch?v=6Igh9_AV5ok) - City of Bandera