Economic Development: City spends $28,000 on regional help, $4.6 million on Edison
By Raquel Hendrickson | InMaricopa
A senior vice president assured the Maricopa City Council that the Greater Phoenix Economic Council was getting participants a 7-to-1 return on investment.
The council agreed Tuesday to continue a relationship with GPEC by spending $27,825 for its regional economic development program.
In a wide-ranging evening that involved a visit by Mandela Washington Fellowship recipients and a signing of thank-you cards for Maricopa’s first responders, the council advanced some efforts to boost economic development.
Brad Smidt, VP of business development for GPEC, said his organization had been instrumental in bringing major employers to the area.