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Articles About community improvement corporation
Looking for economic development leadership in Yellow Springs, Village Council is considering multiple options, including using Community Resources as the village’s official community improvement corporation (CIC) if that group chooses to do so, establishing a more broad-based economic sustainability committee, or some combination of the two. As part of this discussion, questions have been raised about the appropriateness of Community Resources as the sole advisory body, given some villagers’ concerns about that group’s past projects. At the heart of these questions is a conversation about what sort of economic development is best for the village.
At their Sept. 8 meeting, members of Village Council continued an earlier discussion regarding how the Village should best approach economic development. At issue was a motion by Council President Judith Hempfling that Council establish an economic sustainability committee. Council did not take action at the meeting due to concerns from Council members Kathryn Van der Heiden and Karen Wintrow that Council’s new economic sustainability staff person, who has not yet been hired, should be on the job before an advisory group is established.
At its Aug. 3 meeting Village Council began a discussion with leaders of Community Resources regarding whether that organization should be the Village’s designated community improvement corporation, or CIC.
Should Village economic development efforts focus on strengthening local resources or working with regional partnerships? Should the bulk of money earmarked for development be used to pay a staff person, or instead to develop local resources? Is transparency appropriate to the economic development process?