The Montgomery County Commissioners, the Dayton/Montgomery County Port Authority and the Montgomery County Transportation Improvement District are launching the Montgomery County SEED (Strategic Enhanced Economic Development) Program.
The SEED Program is a new approach to providing infrastructure to support future economic development and give local governments the ability to respond rapidly when competing for business development and job creation in Montgomery County.
“This collaboration is about working smarter for our jurisdictions and businesses by connecting them with valuable resources more efficiently and effectively,” said Montgomery County Commission President Debbie Lieberman. “Each partner offers vital services that collectively will strengthen and expand our economic development efforts.”
Today, the County Commissioners and officials from the Port and TID signed an intergovernmental agreement that establishes the framework for the SEED partners to work together to support significant economic development opportunities in our cities, townships and villages.
SEED Program Capabilities:
- County Financial Support
- ED/GE Funding
- Marketing Support
- Opportunity to seek project support from ODOT TID grant program
- Experience on public infrastructure projects with property owners and communities
- Bond fund capacity
- Sale/leaseback/sales tax reduction strategy
- Financing and transferring private property
The SEED Program agreement is for five years with the option to renew for additional five year terms.