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EDC fees hit record $107,679; Franklin commission keeps incumbents as officers, moves April meeting
Summary
Commission staff reported EDC fee revenue rose to $107,679.08, earmarked for nonprofit grants; commissioners voted to keep existing officers and agreed to move the April meeting to April 15 at 9 a.m. after the RDC meeting.
Franklin City Economic Development staff reported the EDC fee fund rose to a record $107,679.08 for the year, an increase from about $90,257 the prior year. Staff said the dollars are being used for grants to local nonprofits and small-business support programs and that multiple projects funded by the EDC fees are underway, including arts and business outreach efforts.
The commission indicated it intends to…
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