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Fairbanks Economic Development Corporation seeks transfer of ARDUR status from borough, eyes federal grants and regional role
Summary
The Fairbanks Economic Development Corporation told the assembly it intends to request transfer of ARDUR status from the borough to manage regional economic development functions and pursue federal grants; the group says it has prepared by updating strategy, staffing and grant capacities.
The Fairbanks Economic Development Corporation (FEDC) told the Fairbanks North Star Borough Assembly it will request transfer of ARDUR status from the borough and seek broader authority to pursue federal grants and specialized economic development work.
Jomo Stewart, president of FEDC, told the assembly the organization has reviewed state laws and other ARDUR organizations, completed strategic and tactical planning, conducted site visits and built internal capacity. He said FEDC expects to bring a…
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