Overton is a city in Rusk and Smith counties in the U.S. state of Texas. Overton lies in two counties as well as two metropolitan areas. The Rusk County portion of the city is part of the Longview Metropolitan Statistical Area, while the Smith County portion is part of theTyler Metropolitan Statistical Area.
McMillan Memorial Library, established 1956, in Overton, Texas
|Motto: "A Growing Community nestled in the Piney Woods of East Texas"|
Location of Overton, Texas
|Coordinates: 32°16′25″N 94°58′35″W|
Overton is located at (32.273608, -94.976306).
According to the United States Census Bureau, the city has a total area of 6.8 square miles (17.5 km²), of which 6.7 square miles (17.4 km²) is land and 0.04 square mile (0.1 km²) (0.59%) is water. Most of the city lies in Rusk County, with a small portion extending into Smith County.
Organization The Overton Economic Development Corporation (EDC) is a community team made up of resident executives and business owners, responsible for attracting new investment and helping expand existing businesses within the City. With a seven member board, the Overton EDC is funded by a $.0025 sales tax that allows the EDC to accomplish its goals.
Business Assistance Overton EDC provides business assistance to qualifying companies. They evaluate incentives for businesses to locate or expand in the Overton area and base their findings on taxes assessed and paid, the number of jobs created or retained, wages paid, local purchases of products and services, indirect employment gains and the general benefit of furthering the mission of the city of Overton Economic Development Corporation.
They primarily seek businesses in manufacturing, production, medical/health, hospitality and distribution. Funds may be used in land lease/purchase, building lease/purchase, rehabilitation or construction, capital equipment purchase, infrastructure improvements or employee training.
Funds may not be used for venture or equity capital, working capital/inventories or personal loans. Forms of business assistance include loans/loan guarantees, SBA 504, SBA 7(A) guaranteed and direct loan, and the rural economic development fund.
The Overton Bluegrass Festival is a two day event held in early June each year. The event features live music from nationally recognized talent, exhibitors, and cuisine. 2013 marked the festivals 25th anniversary.