Most of those are needed in Commerce but our EDC cannot invest moneys towards those type of projects because we are 4A.
Wouldn’t you like entertainment facilities? Improved public parks? Restaurants? Affordable Housing? Improvements to the City Pool and Public Library? If you said yes, then why do we remain 4A?
Changing to a 4B requires NO NEW TAXES or TAX INCREASE. The potential of being a 4B gives the board members of the EDC all the advantages of a 4A but allows for improvements to “Quality of Life” initiatives. Sounds good to me, how about you?
In closing I want to quote an article from the Commerce Journal in the fall of 1993, when a well respected Commerce businessman went before the city commission and convinced them to put it to the voters to create the Commerce Economic Development Corporation. “If we are going to compete and get the city growing, which it’s not doing at this time, we’re going to have to work on industrial development.”
Unfortunately Commerce is not competing, Commerce is not growing and yet many in our community still feel that industrial development is the key to our future success. If it hasn’t worked for the past 20 years, what are the chances it will work for the next 20?
Let’s Think Different. Act Different. Be Different.
Let’s empower our EDC Board to use local sales tax revenue for both industrial development and quality of life improvements.
Quay Throgmorton is a resident of Commerce, a former Commerce mayor and a local real estate agent.