City council has approved the draft memorandum of understanding and terms of agreement for the Central Cariboo Economic Development Corporation.
Council members are being asked to bring forward suitable candidates to serve on the corporation’s board of directors.
Coun. Laurie Walters said she cautiously endorsed the motion.
“In the research I’ve been doing on economic development corporations, some communities are keeping theirs, some have dismantled and some are revisiting,” she said. “It will depend on a strong board. I think that will help move it forward.”
Mayor Walt Cobb said it’s important as council picks the board that there’s a good cross-section of the community to ensure the corporation is looking at all avenues.
“You’re right,” he told Walters. “It’s a mixed bag out there ... the original board we had here worked well to a certain point. Let’s hope we can move on with this.”
Coun. Jason Ryll said the goal is to have the names of potential directors ready for the next regular council meeting.
According to Walters the corporation will need some type of asset to manage.
“That is one of the goals we hope to get done as soon as possible,” Ryll responded.
The corporation represents new possibilities and a new vision for the community, Coun. Scott Nelson added.
“It’s exciting and I think that it’s going to help our community focus more on economic development.”