The Manchester Board of Mayor and Aldermen have been discussing the possibility of focusing more on economic development since late 2018. During their Tuesday, March 5 meeting, the aldermen took the first step into creating an economic development commission (EDC).
Alderman Ryan French made the motion to form and charter the commission. The language used was skeletal and will be built upon after further discussion between the board.
As it stands, the commission would be made up for five to seven members and would not compete with the Industrial Board.
French suggested the board look into changing the “Industrial board charters specifically not to pursue manufacturing at this point, but to pursue economic community development through retail and other avenues,” he said.
The EDC would focus on Manchester economic development as a whole – it would look to bring in new commercial business such as retail, as well as support and assist existing businesses.
“Explaining gaps and leap opportunities to current business that are already here, but also recruiting new businesses,” French explained.
He added, “I think it’s important that an economic development commission be just that – it develops the economic climate through multiple resources.”
The decision to move forward with this idea and to shape the language of the EDC’s charter was unanimous.