Changes to bylaws governing operations of the Buda Economic Development Corporation (EDC) will give city leaders additional control, even as officials maintain the two entities are independent.
But worries continue to mount over the motives behind the changes, which former EDC board of director members allege gives the city access to $4 million in EDC reserves that could be used to pay for city projects not directly related to economic development matters.
However, Buda City Council members, who passed the bylaw changes by a 5-0 vote July 2, maintain changes were meant to make rules concurrent with state laws, while also allowing the EDC the option to provide money for infrastructure projects that could provide an economic benefit. Mayor George Haehn and council member Paul Daugereau were absent July 2 and didn’t vote.
