Economic Development Advisory Commitee
Economic Development Advisory Committee
The mission of Pekin’s Economic Development Advisory Committee (EDAC) is to advise Pekin’s City government on economic issues that will sustain, enhance and diversify the community’s economy while maintaining a focus on the City’s conceptual plan. The EDAC will recommend to the City programs to help stimulate business activity, retain existing businesses, facilitate expansion of existing businesses, and encourage new businesses to locate within the City.
EDAC shall consist of up to 11 members who are residents, or who reside within a mile and a half of the city boundary, or who work or own businesses in Pekin. The EDAC will select a chairperson from among its voting members at the first meeting. The chair person will serve for one year. Persons interested in serving shall complete an application form. Committee members will be appointed by the Mayor, with the concurrence of the City Council. City staff, including but not limited to the City Manager, will serve the Committee as resources.
EDAC members will serve three year staggered terms. Appointments shall expire on the first Monday in May.
EDAC will focus on the overall economic future of Pekin. In the near term, the EDAC goals include the following:
- Understand the City’s conceptual and comprehensive plan and the priorities assigned by Council to economic development activities
- Become familiar with existing economic development strategies and current efforts to support these strategies
- Support and strengthen existing businesses, including analysis of barriers to success for the business community
- Evaluate existing business retention efforts
- Define possible economic development issues
- Evaluate new businesses recruitment efforts
In the longer term, the EDAC will advise and assist the City by
- Evaluating the City’s economic development strategies (what has been accomplished, etc.) and making recommendations for further successes as well as providing input on new concepts (getting more citizen and business citizen and business involvement; diversification, etc.)
- Monitoring and analyzing the overall economic trends and health of Pekin and the metropolitan area (including revenues evaluation of other communities, changing demographics of citizens and how it affects housing, employment, service levels, community character, etc.; plus analysis of national and international trends, competitors, etc.)
- Participating in other area economic organizations such as the Greater Peoria Economic Development Council, etc.
- Participating in planning other City owned (or Public/Private partnerships) developments such as Riverway Business Park.
ECONOMIC DEVELOPMENT ADVISORY COMMITTEE MEMBERS
TERMS END FIRST MONDAY IN MAY 2020
D. NEAL “BUSTER” HANLEY I
TERM ENDS 1ST MONDAY IN MAY 2021
TERM ENDS 1ST MONDAY IN MAY, 2022
MAYOR MARK A. LUFT