City Council has approved terms of reference, a vision statement and some start-up funds for the Tri-Municipal Industrial Partnership.
City Manager Bob Nicolay says this will see the City, County and M.D. of Greenview co-operate on bringing new industrial development to this area, most likely in the M.D.
“It brings us all together and makes sure that anyone who’s looking to locate an industrial facility in this area, to take advantage of the supply of natural gas for example, finds it very easy to approach an alliance of the three governing bodies that would be affected by the development.”
He adds the City’s contribution to the start-up funds is $52,500.
“That’s part of a $210,000 total budget for 2017 that allows us to pick up the legal costs associated with the agreements, hire a project manager to come in and start to do some ground work so that we can properly define what the opportunity is here in the Grande Prairie region.”
Nicolay says all three municipalities would share property tax revenue from any development.
“Because a joint effort between the M.D., the County and the City stands a higher likelihood of successfully bringing one of these projects in, the M.D. approached the County and the City and said look, we’ll take 50 percent of the property tax revenue and between the County and the City, you can split the other 50 percent evenly.”