Council approves economic‑development incentive framework, members flag 'aggressive' scoring language
Council approved Resolution 43 establishing an incentive program and scoring framework for economic development while members asked staff to clarify how aggressive award amounts and tax abatements would be controlled at later approvals.
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Council discussed a proposed economic development incentive program (Resolution 43) that had been vetted by policy and legal staff and by the economic development committee. The program outlines a points‑based scoring system to guide eligibility and identifies incentive tools (loans, tax abatement, grants) that may be considered for projects brought forward by economic development staff.
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