Economic Development Corporation (Type B)

The Tom Bean Economic Development Corporation, Type B, meets at at 6:30 PM on the second Thursday of each month at the Tom Bean City Hall. Annual budgets are located on the Financial Transparency: Budgets page.

Mission Statement:

To encourage and promote economic growth and viability in the area of Tom Bean to afford opportunities for the residents, enhance their lives and experience and increase their value of living.

Latest News:

Recent Type B EDC Accomplishments

Exciting Developments in Tom Bean! We’re thrilled to share some incredible accomplishments from the Tom Bean Type B Economic Development Board! Take a look at the amazing projects completed that are enhancing our community: 🌳 Beautification Efforts: Planted trees in the median between Garner St. and Hwy. 11, adding greenery and charm to our streets. 💡 Improving Safety and Visibility: Installed eight streetlights along Hwy 11 between Lyon and Brown, ensuring safer travels for residents and visitors alike. 🏞️ Enhanced Public Spaces: Built the stunning Pavilion on Britton across from the Post Office, complete with landscaping and benches for relaxation…

Type B EDC Plans Rock Wall and Fencing for City Park

Tom Bean’s Type B EDC Board of Directors has decided to fund up to $65,000 to build a rock wall around the new City Park. The purpose of the wall is to provide a safety barrier between the children playing at the park and the adjacent traffic.  We have chosen a rock wall due to its durability and cosmetic appeal in addition to adding seating for park patrons. The wall will border the entire south side and roughly half of the west side (south-to-north). To the north, the wall will continue with a short pipe-and-cable fence around a parking area….

Pickleball Courts Now Available in Tom Bean

Tom Bean’s Type Type B Economic Development Corporation funded the re-striping of the basketball court for both basketball and, for the first time, pickleball. The Type B EDC is funded by sales tax. The EDC’s mission is: To encourage and promote economic growth and viability in the area of Tom Bean to afford opportunities for the residents, enhance their lives and experience and increase their value of living.

New Playground Equipment Installed

A new playground is now available in the City Park including slides, swings, a climbing wall, new basketball goals, and much more! This is a work in progress and more features are on the way. This project was made possible by the Type B Board and will serve the community well for many years to come. The park is located behind the First Baptist Church, on the corner of Bonham St. and Randolph St.

New Signs Welcome Visitors on Highway 11

Welcome Sign at the entrance to the City of Tom Bean

Thanks to the Tom Bean Economic Development Corporation (EDC Type B), drivers entering the City of Tom Bean on Highway 11 from the east and west will see brand new welcome signs. The new signs are mounted with brick and stone masonry and read: “Welcome to Tom Bean, Texas: A Touch of Heaven on Highway 11.” The old signs were due for replacement as they had become weather-worn. Tillett Construction did the installation.

Tom Bean Type B Economic Development Corporation Funds New Park

The Tom Bean Type B Economic Development Corporation announces the purchase of land for a new park for the City of Tom Bean. The land is located at 206 Bonham St. and was purchased from the First Baptist Church in Tom Bean. Closing was today at Red River Title in Anna. We have worked on this project for quite some time, and planning for a new park for all in Tom Bean to enjoy will be underway soon.

New Tom Bean Directional Signs

Tom Bean directional sign

Look out for the new Tom Bean directional sign that was installed off HWY 11 and Britton St. The project was funded by The Tom Bean Economic Development Corporation, Type B. The sign will make the city more accessible and inviting to all, directing the public, especially visitors from HWY 11, to the community’s downtown amenities as well as our schools.

Land Available for Commercial Development

Seeking Commercial Development The City of Tom Bean is seeking commercial developers for a 3-acre parcel on East Highway 11.  This available land is owned by the City and sits on a major thoroughfare near Sherman, Texas. This land is ideal for retail, manufacturing, office, or medical. Interested parties – please contact City Hall.