Thursday, 16 May 2013 11:36

Community Futures Southwest funds economic planning by City of Swift Current

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Community Futures Southwest General Manager John Parker (at left) presents a cheque of $15,000 to Swift Current Mayor Jerrod Schafer during the May 15 regular council meeting. Community Futures Southwest General Manager John Parker (at left) presents a cheque of $15,000 to Swift Current Mayor Jerrod Schafer during the May 15 regular council meeting. Matthew Liebenberg/Prairie Post

Efforts by the City of Swift Current to develop a new economic development strategy for the community is receiving financial support from a regional business development agency.

 

Community Futures Southwest General Manager John Parker presented a cheque of $15,000 to Swift Current Mayor Jerrod Schafer during the May 15 regular council meeting.

“We are very pleased with the direction that council is taking,” Parker said.

He noted that the City's economic development strategy will have an impact on the entire region, which fits in with the efforts of Community Futures Southwest to promote economic and business development in the area.

“A part of our mandate is certainly to work with communities in the southwest and to work with the City in a partnership agreement in stimulating the economy,” he said.

According to Schafer the 2013 budget of the City's Department of Business Development includes an allocation for developing an economic growth strategy.

“It's nice when community partners take notice of things like that in areas that pertain to them and come forward to help out,” he said after the meeting. “So the reality of that is it's a straight bonus to our budget and bottom line, which is a nice surprise for our taxpayers.”

He noted that the City's budget allocation for business development and promotion has increased in recent years.

“We know our residents and business community want us out there attracting what we can to our community,” he said. “I think we've stepped up our efforts for that pretty significantly.”

The City allocated $70,000 in the 2013 budget for the development of an economic growth strategy. The first step will be to conduct an industry gap and impact assessment analysis. Councillors approved the appointment of the consultant group Onagon International Inc. at their April 29 regular council meeting to carry out this study at a cost of $67,300 plus GST.

 
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Matthew Liebenberg

Reporter/Photographer