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Mayor touts waterfront redevelopment and returned industry as path to fiscal recovery
Summary
City leaders described waterfront redevelopment, a remaining 160-acre mill site and the return of a paper operation (Arcadia) as key strategies to expand the tax base and support long-term services and capital projects.
Mayor and city staff said long-term economic-development efforts — including waterfront redevelopment and industrial business-park planning — are central to the city’s strategy to grow its tax base and reduce pressure on the general fund.
The mayor described the city’s acquisition of roughly 230 acres and two miles of waterfront property formerly associated with mill operations as “a jewel”…
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