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GREDA Learns of Mayor’s Economic Development Proposal

WGIL Newsroom . Local News 275

The members of the Galesburg Regional Economic Development Association have, for the first time, officially learned of a city proposal to essentially revamp their economic development process.

GREDA president Leo Dion says in a press release that GREDA’s board met yesterday morning to review the economic development report recently delivered to the City Council, which includes essentially eliminating both GREDA and the city’s economic development department, and combining forces to create one new public-private economic development partnership.

Dion says while the GREDA’s Executive Committee has been briefed throughout the process to come up with a new initiative, yesterday was the first time the full board learned of it.

Dion says right now, the board supports a coordinated economic development effort, and that not only should the report be further considered, but ideas that the Knox County Board or GREDA come up with should be in play as well.

Dion says no one disagrees that a better economic development effort is needed.

Another GREDA board meeting has been scheduled for March 28th to further consider the report. GREDA’s board meetings are not open to the public.