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Boone EDC Weekly
Greetings from the Boone EDC,
Welcome to the second edition of Boone EDC Weekly.
As an organization, the Boone EDC is constantly researching and benchmarking to learn what our competing communities are doing to attract and retain business. Boone EDC Weekly is a compilation of noteworthy National and Indiana news about economic development trends. We will also post information about upcoming conferences, events, and
webinars that you may find interesting.
Boone EDC Weekly is another tool that you can refer to as a community leader to help Boone County continue to move forward in a positive manner.
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| Foreign Investment Event Set For Lawrence County
A foreign investment conference is taking place today in Bedford. The Chicago consul general of China is the keynote speaker. Bedford Mayor Shawna Girgis says the conference should help local leaders find ways to increase the number of good paying jobs in the area through foreign investment.
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Mount Vernon Redevelopment Project Moves Forward
Construction of an $8 million residential and commercial complex adjacent to the Mount Vernon riverfront is expected to get under way by fall with completion slated for late 2013.
Mount Vernon Mayor John Tucker said Friday 64,000 square foot facility, to be known as The Landing, will include 46 senior housing apartments and six condominiums on the upper floors, with commercial/retail space on the ground level.
"To actually have people that, not only create a good atmosphere as far as retail but also actually have people living in the downtown area," Tucker said, "I think it's going to be a big boost there."
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S.C. Lawmakers Propose Developers' Tax Credit
The bill would offer a 25 percent state income tax credit to developers who spend at least $500,000 to develop a building that has been abandoned for at least five years. This bill would apply to any building with at least two-thirds of its space abandoned for five years. It only would apply for commercial projects, which would include apartment complexes. And it would cover developers who want to remodel a building or demolish it to build a new structure.
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Rail Summit Aims to Boost Support
The Rail Summit is planned for Chesterton next month in hopes of gaining support for rail initiatives in northern Indiana. Organizers say the event will include business and community leaders from throughout the region.
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IEDC Web Seminar: Economic Development in a Digital World
Small businesses are the base of our national economy. To survive a recession, new strategies focusing on supporting entrepreneurs and small businesses are required. This web seminar will explore how economic developers can better incorporate home based workers and businesses into their local economy. It will also explore how we can now access our offices virtually, which means workers no longer need to live in the same region as their business.
When: Wednesday March 21, 2012 @ 11 a.m. EST
Cost: $85 for IEDC members, $125 for Non-members
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CDFA Webcast Series
Renewable Energy Finance Webcast Series
Energy development is one of the fastest growing sectors in the U.S. economy, and there are a variety of emerging financing tools spurring this growth.From credit enhancements and interest-rate buy downs to property assessed clean energy bonds and on-bill financing structures, federal, state, and local agencies are actively seeking new programs and solutions to forward the nation's renewable energy opportunities.
When: Thursday, March 8th, 2012 @ 1:00 p.m. Eastern
Cost: Free
Redeveloping and revitalizing the downtown area is a challenge for municipalities of all sizes. During this free webcast, the CDFA Ohio Financing Roundtable will explore the potential for a new, financing-based approach to revitalizing our state's great downtown districts. Hear from a panel of development finance, real estate and business development experts as the panel discusses emerging programs and tools for catalyzing a transformational redevelopment initiative based on access to capital, land acquisition, investor development and innovative strategies.
When: Wednesday March 28th, 2012 @ 1:00 p.m. Eastern
Cost: Free
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Whitestown Named Finalist for Indiana Stellar Communities
 Seven Indiana communities have been named this year's finalists for the state's "Stellar Communities" initiative. Lieutenant Governor Becky Skillman says all the communities will benefit from the long-term strategic planning involved in the process. The winning two communities will be announced in May. |
Meeting Dates:
Boone County Commissioners: - March 5 @ 9 a.m. Boone County Council: - March 13 @ 8:30 a.m. Boone County APC: - March 7 @ 7 p.m. Boone County RDC: - March 16 @ 2 p.m. Advance Town Council: - March 12 @ 7 p.m. Jamestown Town Council: - March 6 @ 7 p.m. Lebanon City Council: - March 12 @ 7 p.m. Thorntown Town Council: - March 19 @ 7 p.m. Whitestown Town Council: - March 13 @ 6:30 p.m. Zionsville Town Council: - March 5 @ 7 p.m. Boone EDC Board of Directors: - March 22 @ 4 p.m. Boone EDC Executive Committee:
- March 8 @ 7:30 a.m.
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