“This may be a genuine chance to complete better work on the top from the great work already done,” Gihl mentioned. “When we may take our community one stage further in economic development, this is actually the path we have to consider.”
The town also offers begun a nationwide look for a fiscal development director, stated Langfelder, to exchange Karen Davis, who left in This summer after 2 yrs using the city to consider another job.
The are accountable to the county highlighted the chamber’s Quantum Growth Partnership campaign, also referred to as Q5, among the key economic-development initiatives of latest years. Q5, which depends on contributions from public and private “investors,” is close to the finish of the second, five-year phase.
While identifying the chamber as essential to a effective EDC, the research found the Q5 campaign was little-known to prospective employers outdoors the location. The report also concluded the chamber lacked employees and sources to handle the size of monetary development envisioned for that EDC.
The nearly 70-page consultant’s report given to the Sangamon County Board on Tuesday cautioned insufficient leadership and coordination were complicating efforts to revitalize the neighborhood economy, including tax, job, earnings and population growth.
Langfelder said the town and chamber frequently interact on economic development, citing as the newest example efforts to land a suggested $1 billion natural-gas power plant near Pawnee.