Economic Development update: incentives, outdoor-recreation funding and LEDA resources
Summary
Tim Hagaman of Santa Rosa's Economic Development Department briefed the council on FY2026 incentives, outdoor-recreation equity funding, LEDA program availability and opportunities to reuse vacant downtown properties and recruit fishing/hatchery businesses.
Tim Hagaman of the Economic Development Department presented an FY2026 update, highlighting incentive programs and outdoor-recreation equity funding opportunities for Santa Rosa. He suggested recruiting fish-hatchery type businesses, using the MainStreet program to activate vacant buildings, improving directional signage and noted availability of the LEDA program. He directed listeners to sign up for email notifications at EDD.NM.GOV.
Hagaman emphasized the city’s reputation as a fishing destination and outlined how targeted incentives and signage improvements might attract businesses and increase use of vacant commercial space. Council took the presentation as informational and did not take immediate action during the June 9 meeting.
Staff will follow up on specific incentive applications as opportunities arise.
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