The Georgetown Economic Development Corporation considers requests and grants economic development funds as authorized and defined by the Internal Revenue Code of 1986, Section 4A, leading to the creation or retention of primary jobs and/or provision of significant capital investment which benefits the community of Georgetown. A minimum of two members are Council members, and four members are citizens at-large.
Notice this is a corporation, created by the city, separate from the publicly understood city government of City Council, City Manager, and all the departments reporting to the City Manager.
It does have its own budget and dedicated revenue from sales taxes and is quite powerful as shown in the table below.
This board meets the 3rd Monday of each month at 4:00 p.m. at the City Council Chambers, 101 E. 7th St.
Board Roster:
- Jeff Parker (President): 2/19
- Kevin Kelly (Vice President): 2/18
- Bill Mateja (Secretary): 2/19
- Valerie Nicholson: 2/18
- Hugh Brown: 2/18
- Steve Fought: 2/18
- Steve Klein: 2/18
This corporation does report to the City Council and indeed two board members are council members.
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