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The Economic Restructuring Committee is assigned the task of synthesizing a business recruitment and retention strategy that will insure the long-term economic viability of Waynesburg's historic downtown business district.

Following a thorough analysis of Waynesburg's census reports, the Economic Restructuring Committee will respond to the district's commercial requirements by:

•  Identifying diverse market opportunities.

• Stimulating creative ideas for usage of our historic commercial buildings.

• Bolstering investment opportunities through designated "enterprise" loans underwritten by local financial institutions.

• Aiding in the establishment of incremental ordinances that gradually improve the area's economic base.

Economic Restructuring Committee Members
have five major
responsibilities:

• Developing a thorough understanding of the district's current economic condition thereby identifying opportunities for market growth.

• Strengthening existing businesses and recruiting new ones.

• Finding new economic uses for traditional Main Street buildings.

• Developing financial incentives and capital for building rehabilitation and business development.

• Monitoring economic performance of the district with an eye toward our prosperous future.

 

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