Economic development on the agenda in Nevada City |

Economic development on the agenda in Nevada City

Wednesday night’s Nevada City Council meeting, set for 6:30 p.m. at City Hall, 317 Broad St., will include a discussion of the establishment of an Economic Development Fund, which officials say will support the long-term economic development goals city’s business growth.

Nevada City will consider allocating $100,000 as a base for the Economic Development Fund.

Council members will also consider a staff recommendation to allocate $50,000 from the Nevada City Economic Development Fund as matching grant funds toward a $500,000 U.S. Department of Commerce Economic Development Administration Regional Innovation Strategies Grant Application, which would be used to accelerate the launch of the Sierra Digital Media Campus.

The meeting will also include an introduction of a Community and Economic Support Program for Nevada City.

Among other items of business, the council will also pass a “notice of completion” for a waterline replacement project on Prospect and Clay streets.

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