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Areas of Emphasis Page

In order to accomplish its mission, Opportunity Lockney currently focuses on five main areas of emphasis.

Local Business Development

Opportunity Lockney will organize to provide the following services relative to local business development:

1.                  Research and develop a working knowledge of processes and resources to assist Lockney businesses/organizations in all areas of business development.  Training will be obtained through various organizations including the South Plains Association of Governments, Texas Department of Economic Development and others.  Areas of emphasis will include financing resources, grant funding, business education courses, tax abatement, local and state business programs, and SBA resources. 

2.                  Offer educational and financial support to both existing and prospective Lockney businesses/organizations. Develop an information packet and website information for beginning and existing businesses that includes information regarding business development. Conduct a periodic survey of all local businesses to better understand their needs and wishes.

3.                  Establish a plan to create awareness to downtown Lockney from US Highway 70.

4.                  Work with city, state and county officials to develop a direct route into downtown Lockney from US Highway 70.

5.                  Promote Lockney’s location to the Port-to-Plains Trade Corridor.

6.                  Evaluate all applications made with the LEDC to determine their eligibility for state and local programs.

7.                  Work in conjunction with all LEDC committees to better serve Lockney businesses/organizations.

Tax Abatement and Incentives

Opportunity Lockney will organize to provide the following services relative to tax abatement and incentives:

1.     Offer support to both existing and prospective Lockney businesses/organizations where tax abatement and incentives may apply.

1.                  Research and develop a working knowledge of processes and resources to assist Lockney businesses / organizations in the area of tax abatement and incentives.  Training will be obtained through various organizations including the South Plains Association of Governments, Texas Department of Economic Development and others.  Utilize “Free Trade Zones”, “Enterprise Zones”, and “Reinvestment Zones” where applicable.  Explore local and statewide incentive programs.  Stay abreast of all tax abatement regulations and state laws.  

2.                  Evaluate all applications made with the LEDC for abatement and incentive eligibility.  

3.                  Work as liaison between the LEDC and all taxing entities within Floyd County to insure that an effective abatement plan is in place and is being followed correctly.  Insure that all taxing entities elect current abatement resolutions every 24 months.

4.                  Work in conjunction with all LEDC committees to better serve Lockney businesses/organizations.

Industrial Development

Opportunity Lockney will organize and promote the following services related to Industrial Development:

  1. Develop a database of potential sites available for use in manufacturing and/or processing.
  1. Increase awareness and serve as a contact for community members to use in listing available sites.
  1. Develop an information packet to present interested parties in contacting the area for locating a business or industry.
  2. Research and develop a working knowledge of processes and resources to assist Lockney businesses / organizations in the area of tax abatement and incentives.
  3. Host tours on an as needed basis to attract business or industry.
  1. Contact and follow-up on leads provided by The High Ground of Texas and other sources.

Public Awareness

Opportunity Lockney will organize to provide the following services relative to public awareness:

  1. Make the public aware of Opportunity Lockney’s purpose, activities, events, and available services.  Provide such information to local and other news media.

     
  2. Develop and maintain Opportunity Lockney’s website in coordination with other Opportunity Lockney committees.

     
  3. Develop and maintain written materials such as letters and brochures providing general information about Opportunity Lockney.

Grants

Opportunity Lockney will organize to provide the following services relative to grants:

  1. Research grant opportunities for Opportunity Lockney initiatives and, upon board approval, write grant applications to support those initiatives.

     
  2. Develop a base of grant-writing knowledge and expertise so as to be of assistance to Lockney organizations and individuals. Developing this base of knowledge will be accomplished by training via South Plains Association of Governments, Wes-Tex RC&D, Lubbock Area Foundation, Texas Department of Economic Development, and others. Opportunity Lockney personnel will not write grants for non-LEDC projects, but will provide assistance as needed.

     
  3. Develop an information packet to serve as a starting point for those interested in grant writing. This information packet will include basic information about available training for grant writers, funding sources, and grant writers who may be available for hire.

     
  4. Conduct or host grant-writing workshops for the community.

P.O. Box 220 | Lockney, Texas 79241 | 806.652.8895


© Copyright, 2002 Lockney Economic Development Corporation