Grand Junction-Mayor Bruce Hill says Grand Junction is not alone in looking for ways to attract businesses in an increasingly competitive arena. Mayor Hill just returned from the National League of Cities Convention in Denver where he is a member of a regional economic and business committee.
He says many cities are joining Grand Junction in looking at ending the practice of rewarding companies with guaranteed payments. Instead, cash–strapped cities are considering other ways to draw companies to town.
As we reported on 11 News last Friday, cities are also concerned at some of the funding cuts the Bush Administration is proposing for next year, especially those that affect low–income housing programs.
Hill says the block grant pogram is seeing a slight funding cut this year, but not so much as to hinder programs.
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