Economic Restructuring

Economic Restructuring concentrates on strengthening the district's existing economic base while finding ways to expand its economy and introduce compatible new uses.

The Economic Restructuring Committee has the job of identifying new market opportunities for the traditional commercial district, finding new uses for buildings, and stimulating investment in property. By understanding the community's economic condition and opportunities for incremental market growth, the Committee can: Strengthen existing businesses and recruit new ones. Find new economic uses for traditional Downtown buildings. Develop financial incentives and capital for building rehabilitation and business development. Monitor the economic performance of the district.

Richard Stephens, Chair 417-3544

The Economic Restructuring Committee is currently collecting data from business and building owners in the Downtown to insure that the association and necessary city services have current information about building occupancy in the area. Once this information is compiled into a Data Base, it can be used in conjunction with the "Vision Statement" for the future of Downtown.