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Council redirects $26,000 in economic development funds to Federal Way public market planning
Summary
The council approved a $26,000 grant to the Federal Way Public Market for business planning and marketing outreach, funded from an economic development business-startup allocation after lodging-tax committee raised eligibility concerns about using lodging-tax revenue for a project in planning stages.
The City Council on Wednesday approved a $26,000 grant to support the Federal Way Public Market’s business plan and marketing outreach, redirecting funds from an economic development business-enterprise startup allocation after committee members questioned whether lodging-tax dollars were appropriate for a market still in planning.
Meredith Neal, the city’s economic development director, explained that the Lodging Tax Advisory Committee and the city’s FedRack committee had reviewed the market’s earlier application…
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