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File #: 18-5304    Version: 1 Name:
Type: Agenda Item Status: First Reading
File created: 2/1/2018 In control: City Council
On agenda: 2/8/2018 Final action:
Title: RESOLUTION NO. 2256: CREATION OF NEW ECONOMIC DEVELOPMENT DISTRICT COVERING COWLITZ AND WAHKIAKUM COUNTIES COUNCIL STRATEGIC INITIATIVE ADDRESSED: Strengthen economic conditions and create new opportunities CITY ATTORNEY REVIEW: REQUIRED SUMMARY STATEMENT: Staff for the CWCOG have been working on the creation of a new two-county (Cowlitz and Wahkiakum) economic development district to replace the existing three-county district (which also includes Lewis). Among other things, an economic development district allows the region to receive planning grants to develop, maintain, and implement a comprehensive economic development statement (CEDS), and the region’s participants to apply for and compete for funding from the U.S. Economic Development Administration for public works grants and economic adjustment programs. The public works grants enable communities to update or revitalize their infrastructure to attract new industry or encourage business expansion. The city received such a gr...
Attachments: 1. Reso No 2256 Economic Dev District
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Title

RESOLUTION NO. 2256: CREATION OF NEW ECONOMIC DEVELOPMENT DISTRICT COVERING COWLITZ AND WAHKIAKUM COUNTIES

 

COUNCIL STRATEGIC INITIATIVE ADDRESSED:

Strengthen economic conditions and create new opportunities

 

CITY ATTORNEY REVIEW: REQUIRED

 

SUMMARY STATEMENT:

Staff for the CWCOG have been working on the creation of a new two-county

(Cowlitz and Wahkiakum) economic development district to replace the existing

three-county district (which also includes Lewis).

 

Among other things, an economic development district allows the region to

receive planning grants to develop, maintain, and implement a comprehensive

economic development statement (CEDS), and the region’s participants to

apply for and compete for funding from the U.S. Economic Development

Administration for public works grants and economic adjustment programs.

The public works grants enable communities to update or revitalize their

infrastructure to attract new industry or encourage business expansion. The

city received such a grant about ten years ago to help pay for the extension of S

Weber Avenue in the Mint Farm Industrial Park, and staff are currently

considering applying for such grant to help pay for the extension of Beech

Street east of Oregon Way if an LID is created for that purpose.

 

 

RECOMMENDED ACTION:

Motion to approve resolution no. 2256 the creation of a new two-county

economic development district to replace the existing three-county district.