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DRC discusses partnering with EDC on downtown incentive programs and seeks downtown manager role
Summary
Members heard from the EDC and staff about partnering on existing incentive programs, performance-based loans and grants, a proposed downtown manager position to coordinate Main Street efforts, and plans for downtown day and a Whimsy & Wonder booth.
The Downtown Revitalization Committee on Monday discussed partnering with the Economic Development Corporation (EDC) on incentive programs for downtown businesses, outreach and performance-based agreements, and a proposed downtown manager position to coordinate downtown revitalization efforts.
EDC representatives said rather than creating a separate DRC loan program, the city should leverage existing EDC programs and performance agreements that tie incentives to job creation or project milestones. The EDC representative…
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