Renewed Economic Growth to Stabilize City Finances

April 25, 2011

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From the summary:

Purpose
The purpose of this paper is to examine one of the specific items in the stated Move Lowell Forward (MLF) Vision – renewed economic growth to stabilize city finances. We are basing this examination on our overall MLF Vision Statement, and then look at some of the suggestions made by prospective city councilors during the 2009 election in response to questions posed by MLF to the candidates for city council.

Then we will examine some mechanisms for achieving the Vision of “renewed economic growth to stabilize city finances”. We will discuss some policies of both the state government and the local government that hold some promise for achieving the vision statement. Finally, we will recommend some actions for the city government to pursue to achieve the vision.

This paper we address the second of our ten Vision points, Renewed Economic Growth to Stabilize City Finances. However, some of the other items in our Vision for the City of Lowell (see the Appendix) may contribute to the success of that item which is the subject of this paper.