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City Assess Status of Economic Development

Posted December 17, 2012 in Community Blogs

Daniel Anderson, a consultant and president of Economic Development Strategies, assisted the City Council in a discussion of the city’s current economic development plan using the results of a survey the council members had completed.

The mission of Webster City Economic Development centered on encouraging new business and industry while encouraging existing business and industry to grow and providing a welcoming place to do business and to bring new jobs.

Community strengths identified included an available workforce, experienced employees, utilities that can support new and expanding business, located near a major interstate and a four-lane highway, rail access, good schools, quality of life, knowledge of finding funding sources and having a skilled economic development director in David Toyer.

Challenges identified included not having enough of the right-sized buildings to offer prospects, lack of dollars for incentives, site constraints, competition with other cities and negative attitudes in the community.

The council also discussed ways to inform local residents about what is happening in economic development and finding a balance between confidentiality with prospects and the public interest in wanting information.

This discussion and analysis will be a part of the bigger goal setting session in January when the Council meets to determine its needs and budget requests.





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