Economic Development Strategy

The Economic Development Strategy involved an outside assessment of the City’s assets, opportunities and challenges. The assessment included an on-site visit that consisted of a tour of the community, stakeholder interviews and a presentation of the initial assessment to the Economic Development Advisory Task Force. The appointed taskforce reviewed the assessment and provided guidance for the development of the Economic Development Strategy. The stakeholder interviews included local businesses, regional economic development agencies, major employers, developers and other community stakeholders. The Economic Development Strategy will serve as a roadmap for positive economic growth.

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Economic Development Incentive Policy

The Economic Development Incentive Policy was adopted in April 2015 and revised in February 2016 to include a Public Infrastructure Financing Program. Economic development incentives are a means to reduce or redirect taxes in exchange for specific desirable actions or investments that might not be financially feasible without public sector assistance. To qualify for one or more incentives, a project must produce a public benefit.

To view the document in its entirety, please click HERE.