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2:17 AM Wed, Feb. 20th

Strategy on economic development adopted

Retail expansion, recruiting for industrial park at airport key parts of guidelines

KINGMAN - The Kingman Economic and Tourism Development Commission approved an economic development strategic plan Thursday at its meeting.

The plan, prepared by community representatives of the Economic Development Technical Advisory Committee, will be presented to the mayor and City Council June 18 for approval.

The plan is designed to address the significant residential and commercial growth in the city.

It focuses on recognizing the contribution of retail sales taxes, expanding retail trade, using the Airport Industrial Park to recruit industry, improving infrastructure for residential growth, and attracting business with higher paying jobs.

The commissioners expressed their appreciation of the plan before city of Kingman Economic Development Director Jeff Weir addressed them.

"If you don't have someone constantly looking at it, working at it, it won't be done," Weir said.

Weir, whose tenure with the city ends June 30 because his department was not funded in the new budget, added that the plan is a guideline and not set in stone.

"The one thing about a plan is it's designed to be changed," Weir said.

The commission also reviewed the room tax report from July 2006 to May.

Local hotels saw a jump in February, which was reflected in the May room tax revenue. The increase was attributed to the influx of visitors for the opening of the Grand Canyon Skywalk.

With one month left in the fiscal year, the annual room tax revenue for this year has almost met last year's total of $337,091. The city has seen an annual increase in room tax revenue since 2000.

This year, the room tax has already created $326,682 in revenue. The numbers from April will determine the revenue for June.

The commission was also alerted to the fact that the state is requesting funding from them for the state centennial celebration in 2012. The commission is expected to contribute $26,000, and community members are expected to match that amount for the state fund in donations.