Galesburg City Council Approves New Economic Development Model

galesburgA new public-private partnership will be formed in Galesburg for economic development after a decision by the City Council Monday night.

There was little initial discussion on the proposal to replace both entities currently conducting business expansion and retention efforts.

Included in the agreement are the partnership’s goals and objectives as well as future members of the board of directors for the operation.

Up until this point, economic development was handled by both the Galesburg Regional Economic Development Association and the City’s Economic Development Department.

Mayor and WGIL Owner John Pritchard says he’s pleased the City has finally arrived at this point.

“This should be hopefully the last major step in assembling a well-funded economic development organization that represents the county and the city, plus any other community in the county that’s out there and wants to participate with a single, strategic vision,” says Pritchard.

Apart from business expansion and retention efforts, the board will oversee the hiring of new staff. The search for an executive director for the new partnership will be underway after the board meets for the first time.

Sixth Ward Alderman Wayne Allen says it’s been a long time getting to the Council.

“I think it’s a great start and I think it will certainly push us forward,” says Allen.

Board members include representatives from government and the private sector.

The agreement was approved unanimously.

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