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Palm Bay council gives broad direction on economic development; holds off on new hires
Summary
Council discussed site-readiness, tax abatements and marketing to recruit industry, and signaled support for incentive tools while deferring new full-time economic development hires until a new city manager is in place.
City staff briefed the Palm Bay City Council on a package of economic development options and sought direction on programs including a site-readiness incentive, sponsorship of the WeVenture Ignite 360 small-business mentoring program, tax abatement authority, and possible staff increases.
Deputy City Manager Joanie Jankala Brown and the city’s new economic development director described the proposal as a menu of tools staff could pursue to attract commercial and industrial projects. The plan included: a site-readiness program to…
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