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File #: 24-138    Version: 1 Name:
Type: Order Status: Passed
File created: 7/22/2024 In control: Town Council
On agenda: 8/20/2024 Final action: 8/20/2024
Title: To adopt the updated Economic Development Strategic Plan as a policy with the intent of incorporating the revised objectives and strategies as a future amendment to the Comprehensive Plan.
Attachments: 1. 24-138 Cover Sheet.pdf, 2. ED Strategic Plan.pdf
I. Council Action Requested.
Title
To adopt the updated Economic Development Strategic Plan as a policy with the intent of incorporating the revised objectives and strategies as a future amendment to the Comprehensive Plan.

Body
II. Basis for Council Action.

Council approval of this item is required because;

a) Pursuant to Article I, Section 2 of the Charter "The administration of all the fiscal, prudential and municipal affairs of said Town, with the government thereof, except as otherwise provided by this Charter, shall be and are vested in one body of seven (7) members, which shall constitute and be called the Town Council," and
b) Pursuant to Article II, Section 3(I) of the Charter the Council shall have the power to "Exercise all the legislative, financial, borrowing and other powers now or hereafter given by statute to inhabitants of towns acting in Town Meeting except as otherwise provided herein, and also exercise all the powers now or hereafter given by statute to municipal officers of towns," and
c) This order contemplates the adoption of a strategic plan guiding the fiscal, prudential, and municipal affairs of the Town.

III. Issue Summary.

The Economic Strategic Plan was discussed at the council meeting of July 9, 2024. This will be a future amendment to the Comprehensive Plan with proper public notice.