The COSADC is a non-profit economic development corporation formed under the Texas Development Corporation Act of 1979 and governed by a seven member board of directors. As directed by this Act, the Corporation’s focuses its efforts on the promotion and development of business enterprises that create or retain primary jobs
The board normally meets at 8:30 a.m. on the fourth Wednesday of the month in the South Meeting Room of the McNease Convention Center, 501 Rio Concho Drive. Agendas are posted on this website, and on the bulletin board in the lobby of City Hall, 72 W. College Ave.
The City of San Angelo Development Corporation working with economic development partners will retain, strengthen and diversify the job base of the community to ensure a vibrant business climate for San Angelo and the region.
To serve the community by advancing the quality of life and encouraging economic development through projects that expand the tax and job base, foster business growth, attract new businesses or retain and expand existing business enterprises.
- Edward Carrasco- President
- Todd Kolls - First Vice President
- Bill Dendle- Second Vice President
- Dr. David Cummings - Director
- John Edward Bariou Jr. - Director
- Elizabeth Grindstaff- Director
- Oscar Casillas- Director
For additional board information, contact the Economic Development Department at 325-653-7197.
Watch COSADC meetings
The City of San Angelo Development Corp. airs every Wednesday at 8 a.m. on SATV (Suddenlink cable channel 17).
Federal grant to aid job creation at industrial park
The City of San Angelo Business and Industrial Park has received a $1.2 million federal grant to extend water lines and roads, doubling the amount of land that can be developed commercially.
The project is initially expected to create 30 jobs and spur $19 million in private investment, primarily in manufacturing. It will further provide the potential for substantially more jobs and capital investment.
The grant was awarded to the City of San Angelo Development Corp., which administers the half-cent sales tax for economic development, by the Economic Development Administration. An arm of the U.S. Department of Commerce, the EDA invests in economically distressed communities to create jobs, promote innovation and accelerate long-term sustainable economic growth.
The project stemmed from regional planning efforts led by the Concho Valley Economic Development District. EDA funds that organization, which unites the public and private sectors to create an economic development roadmap to strengthen the regional economy, support private capital investment and create jobs.
“As the president has often remarked, American communities urgently need to upgrade their local infrastructure,” U.S. Commerce Secretary Wilbur Ross said. “This crucial infrastructure project will allow existing manufacturing and other businesses the opportunity to expand while helping attract new businesses to San Angelo.”