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Mayor and Council direct city manager to craft comprehensive economic development plan with REDI participation
Summary
The Rockville Mayor and Council directed the city manager and city attorney to prepare a comprehensive economic development plan that formally integrates the third‑party economic development organization (REDI) and city departments and to develop a coordination mechanism for council approval within about a year.
The Rockville Mayor and Council on Sept. 15 directed the city manager and city attorney to develop a comprehensive Rockville economic development plan that incorporates the work of the city’s third‑party economic development partner (REDI) and city departments and to propose a formal mechanism for coordination and accountability.
The work session framed two common models for municipal economic development — an independent third‑party nonprofit (the existing REDI model) and an in‑house department — and summarized REDI’s current functions: business attraction and retention, market research, incentive program administration, small‑business…
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