Thursday, May 16, 2024

City proclaims May 6-10 Economic Development Week

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The Granbury City Council issued a proclamation declaring May 6-10 Economic Development Week in the city during a regularly scheduled meeting April 16.

According to the U.S. Economic Development Administration, National Economic Development Week was created by the International Economic Development Council (IEDC) in 2016 to increase awareness of local programs that create jobs, advance career development opportunities and increase the quality of life.

Mayor Jim Jarratt read the proclamation, which states economic developers cultivate thriving neighborhoods, champion sustainability and resiliency, boost economic prosperity, enhance the quality of life and build robust tax bases.

According to the proclamation, the mission of economic development professionals is to proactively recruit economic development opportunities and new businesses, work with existing businesses to assist with business retention and expansion, support development of public infrastructure, and serve as an information clearinghouse.

Economic development professionals complete connections between community stakeholders to collaborate in promoting job creation, community investment, infrastructure advancements, and an optimistic future, the proclamation explains.

The Granbury City Council proclaimed the week of May 6-10 Economic Development Week to recognize the important contributions made by economic development professionals in attracting and retaining high-quality jobs and improving the quality of life in our community.

Over the span of two years, more than 500 National Economic Development Week campaigns have been created throughout the United States and Canada, creating millions of impressions, hundreds of news stories, blog entries, videos, events and many, many activities, according to the U.S. Economic Development Administration. More than 40 communities officially proclaimed the celebration week by signing resolutions, and many elected officials vocalized support for the profession and its contribution to their local economies.

Jarratt and City Manager Chris Coffman also recognized Economic Development Director Lance LaCour during the meeting.

"This is one of those guys in one of those jobs that I was comparing it to earlier to a duck that’s floating around out here on the pond, not doing a lot,” Jarratt said. “You just don't see what's going on underneath. What's going on underneath suddenly erupts, and everything’s flying, water, feathers, everything's everywhere, and we're looking forward to that.”

“It’s a team effort all of the way,” LaCour said.