In other business, council agreed to extends the city’s current incentive program until Sept. 1. The city’s economic development staff will review program results and present recommendations for future economic incentive packages.
Council approved the incentive program in 2010. The idea was to help new businesses and existing ones expand to stimulate growth in the city.
Staff said the program was well received.
“Although the national and state economy remain weak, more businesses are planning for growth,” staff told council. “An extension of the program is warranted to provide a tool to continue to attract new businesses, help existing businesses that are planning to expand and provide an incentive to homeowners for improving homes in the city.”
