Economic development group outlines plan to become foundation‑employed, expand services

Aug 19, 2026

Thrive Economic Development presented a proposal to partner with the Greater Watertown Community Health Foundation to employ staff through a service agreement, expand staff capacity, and shift to some fee‑for‑service offerings; council members asked about finances and local benefits before boards consider formal resolutions this fall.

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Thrive Economic Development President Deb Ryan Bolden told the Lake Mills City Council that the organization is proposing a service agreement under which Thrive staff would become employees of the Greater Watertown Community Health Foundation while Thrive would remain a separate 501(c)(3).

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