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City unveils $5M economic plan

Posted: April 23, 2009 6:27 p.m.
Updated: April 23, 2009 6:27 p.m.
 
City Manager Ken Pulskamp is hoping the City Council signs off Tuesday on a sweeping 21-point economic development plan drawn up as a response to the faltering national economy and lower local sales-tax revenue.

Over the course of a year and at a cost of more than $5 million, Pulskamp wants to stimulate local businesses, encourage more filming and draw shoppers from outside the valley.

"These are unprecedented times," he said Wednesday.

The plan was drawn up at the request of the council, Pulskamp said, "so the city is in the position of pulling itself up by its own
bootstraps."

Pulskamp said that he is unaware of any other city that might be attempting such an ambitious plan.

If approved by the council, the plan would call for $5,237,003 in city funds. Add that to the $13.5 million the city is receiving as part of the American Recovery and Reinvestment Act, and some $18.7 million is set for investment in Santa Clarita.

Read Friday's edition of The Signal for a full report on the 21-point plan.

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