Council discusses maintaining Downtown Development fund balance to support future applications
Council members discussed keeping a minimum $10,000 balance in the Downtown Development Group account and a proposal to deposit $2,500 quarterly to prevent dormancy; they also discussed capping the account at about $30,000 to limit automatic growth.
The full story
Council members reviewed the Downtown Development Group account balance and options to keep it active and available for local economic-development applicants.
Sign up to keep reading.
Your free newsletter brings you what your city council, county, and school board discussed and decided.
or
Free account
Keep reading for free
Create a free account to finish this story and see the video, transcript and key details.
Continue with GoogleContinue with emailAlready have an account? Log in