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Longtime EDC Board Member Retires

Longtime EDC Board Member Retires

Longtime Wylie EDC boardmember retires

 

By Don Munsch  dmunsch@csmediatexas.com

Board members for civic and oversight organizations can come and go, but John Yeager stayed a long spell for the group he served. 

That duration was close to three decades. 

Yeager will retire from the Wylie Economic Development Corporation board at the end of June. A retirement party was given to him last week. 

“I just wanted to be part of the community and kind of hopefully help with some economic development,” he said. 

Wylie was the second city in Texas to start an EDC, with the EDC officially starting here in December 1990. Because Yeager was a board member at the time, that makes him the longest-running EDC board member in Texas. He was recognized for his service to the EDC at the Wylie City Council meeting on June 22. 

“I am excited about not only what’s been accomplished with the EDC but what the future holds here,” he said. “I think there’s a lot of opportunities being located where we are and particularly in Collin County. There’s a lot of opportunities here that we will have.” 

He said he will miss being a part of that process. 

The Texas Legislature started EDCs to allow smaller cities to compete against bigger cities for economic development. 

Besides Yeager, other members of the charter board were Raymond Cooper, Jim Smith, James Blakey and Barton Peddicord. All of the members are still living except Peddicord. 

When asked why he decide to leave the board now, Yeager said it was time. 

“Not any particular reason — I had been on there long enough,” he said. “I just thought it was time for some new blood.” 

The EDC is not part of the city, as it is a separate legal entity corporation. Offices are not at City Hall. Still, the city does have oversight for the EDC, Yeager said, and council appoints board members. People wanting to run for EDC board - including current board members - have to fill out an application to the council and go through an interviewing process. 

EDCs are transparent and their records are open to inspection for the public, Yeager said. 

Yeager said EDC’s footprint can be seen all over Wylie. He said the growth of the EDC and the opportunities that have come its way and the number of businesses EDC have helped are his standout memories. 

EDC has dual purposes: attracting businesses to town and helping existing businesses, including those that want to expand. The board meets once a month and sometimes has special meetings if something comes up that can’t wait until the next month. 

In addition to serving on the EDC board, Yeager serves on the board of the Wylie Christian Care Center. 

EDC director Jason Greiner said he appreciates Yeager’s efforts with the EDC and the community, explaining Yeager and Cooper were two of the original people who revived the chamber of commerce.

“When you go back that far and the impact you’ve had on so many people, working with the chamber and working with the EDC and the number of people’s lives that they touched and the number of businesses they’ve helped expand and grow, it’s truly remarkable,” Greiner said. 

Marvin Fuller served with Yeager on the EDC board for 25 years and lauded Yeager for all of his work for the Wylie business community. Fuller left the board in 2019. 

“He’s always had a servant’s heart as far as seeing the community prosper and get better,” Fuller said, noting Yeager possessed wisdom and knowledge in the decisions, opportunities and challenges that came the EDC’s way. Yeager was a calm voice of reason on the board.

“He was just a real honorable, high-character person that we’re real fortunate to have in our community,” he said.

Sam Satterwhite, former EDC director, said Yeager’s tenure “speaks for itself” and said what made him so effective was he was committed to doing what was right for the community and added that his service has left an indelible mark, noting how the city’s corridors look different from long ago because of Yeager’s efforts in helping attract business.“There was no other agenda than what was best for the community,” Satterwhite said. “He was committed to it. It wasn’t just somewhere where he had a business. It was where he lived and raised his family and he realized other people were in the same boat and he just wanted what was best for everyone, not just small groups. He was globally minded. He was probably the most genuine, honest person I’ve ever known and was just really committed to what was right.”

Copyright 2020 The Wylie News

 

Please follow this link to the original article on the Wylie News website.
 

 

About the Wylie Economic Development Corporation

The Wylie Economic Development Corporation (Wylie EDC) is funded through a citywide half-cent sales tax that is impacted/funded via the 220,000 consumers in our retail trade area. The Wylie EDC facilitates corporate relocations, local expansions of existing businesses, retail/commercial development and revitalization projects that lead to the creation of new jobs and the generation of additional tax revenue for the benefit of the community.

For more information, visit www.WylieEDC.com.

 

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