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Bloomington council backs regional study to explore Economic Development District with Brown and Owen counties
Summary
The Bloomington Common Council voted unanimously Aug. 21 to authorize distribution of a letter to the U.S. Economic Development Administration backing a comprehensive economic development strategy (SEDS) and exploring an Economic Development District designation with Brown and Owen counties. Council members stressed that the vote approves only the exploratory step, not final designation.
The Bloomington Common Council voted 7–0 Aug. 21 to authorize a letter to the U.S. Economic Development Administration supporting a comprehensive economic development strategy (SEDS) and the potential formation of an Economic Development District (EDD) with Brown and Owen counties.
Council member Asari introduced the memo and motion, saying the step is meant to ‘‘start the processes of working towards a economic development district’’ and to allow the region to pursue federal funding opportunities tied to a SEDS. Jen Pearl, president of the Bloomington Economic Development Corporation, told the council that the SEDS is a consultative, multi-step planning process that can unlock access to federal programs and that costs are generally…
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