Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
EDC director outlines nearly $14 million in economic-development commitments and says Kroger will leave Dickinson after 45 years
Summary
David Funk presented a staff update summarizing EDC investments and projected returns and said Kroger informed the city it would close its Dickinson store after 45 years; the EDC is seeking replacement tenants and coordinating with regional partners.
David Funk, the executive director of the Dickinson Economic Development Corporation, told the board that the EDC’s portfolio of commitments and related public investments tied to economic development sums to roughly $14 million when combined with related district funds, and that those commitments are expected to support substantial new taxable property and ongoing tax generation.
Funk presented a spreadsheet he said showed EDC commitments in individual projects and the projected value of completed developments. He said the EDC’s bottom-line commitments in the arrangements presented were…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
