Snyder Voters Approve Additional Authority for DCOS

11/09/2022

The Snyder community voted for the Development Corporation of Snyder (DCOS) to have additional Authority for projects moving forward. 

Having B-type authority will allow the DCOS to use current sales and use tax collected for community improvements in addition to the projects it currently supports in order to better serve Snyder's existing businesses and community.

“I am excited to be able to do more for our local businesses and our community now,” said Barbara Leatherwood, Executive Director of the DCOS. “We have existing funds that we can use to make improvements in Snyder that we would not have been able to do under being legally bound to only Type A projects.” 

Now that Type B type additional authority has been approved, project planning will begin. Any projects will need to be recommended by the DCOS board of directors first and then approved by the City Council before they can move forward. 

“The goal is to use the existing DCOS funds for a wider range of projects that will help support our overall mission of job creation. It goes hand-in-hand with what we already do. By improving Snyder, we can attract additional workforce here as well as new businesses. We can also use the funding to better serve our existing businesses,” said Leatherwood. 

The DCOS encourages Snyder to reach out to info@growsnyder.com with any questions.