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EDC representative presents regional SEDS update and highlights $3.5M in Marysville projects
Summary
An Economic Development Corporation representative presented the SEDS regional economic update to the Marysville City Council, citing $8.8 billion regional GDP, 263 net new establishments and roughly $3.5 million in recent Marysville infrastructure investments; councilors pressed for clarification on sales-tax reporting rules.
Brenda Manes, representing the region's Economic Development Corporation, told the Marysville City Council that the agency's Strategic Economic Development Strategy (SEDS) shows strong regional momentum and identified Marysville projects and needs.
"$8,800,000,000 in regional GDP, 7,300 in our workforce growth over the last 10 years, and we had 263 net new establishments year over year," Brenda Manes said, summarizing the data the EDC tracks. She said the EDC assisted 3,800 businesses last year, made $230,000 in lending and helped create about 70 jobs.
Manes listed major regional infrastructure investments the EDC is tracking and said local Marysville projects completed last year included about $1.6 million for police dispatch center modernization, roughly $500,000 at Bryant Field rehabilitation and about $1.5 million to refurbish City Hall — "so in total, about $3,500,000 investment in the city," she said.
Council members asked for clarifications on revenue accounting cited in the presentation. One council member pressed whether recent sales-tax changes are applied at point of distribution or point of delivery; Manes said she would check and explained the change in sales-tax collection rules during the COVID period may have shifted where revenue is recorded. A contractor or vendor in the audience clarified that, for installed goods, the tax is often applied at the delivery/installation point.
Manes emphasized infrastructure constraints as a continuing barrier: the EDC receives about 18 inquiries annually from major employers but hears the community lacks developable sites with all utilities in place. "Without infrastructure, growth stalls," she said, urging continued focus on water, sewer and power availability.
The presentation closed with a summary of workforce partnerships and quality-of-life investments that staff said are helping recruitment, including workforce program placements and a national manufacturing championship at a local college. The council thanked the EDC representative and moved to other agenda items.
