Council gives Economic Development Action Plan stamp of approval

Monrovia's first Economic Development Action Plan was approved unanimously by the Monrovia City Council on April 5, 2011. The Plan, prepared by the "R/ED Team" -- which is the City's Redevelopment and Economic Development Team -- focuses on ways to attract, retain and grow local businesses.

Among it's highlights include:

• A Business Retention Strategy that details incentives, outreach and support such as CEO Rountables and a business visitation program.
• A Business Attraction Strategy that includes focusing on four strategic areas of development: Fifth and Huntington, the 300 Block of Old Town, Myrtle and Huntington, and the former Circuit City site.
• A Marketing Strategy that includes adding the Online Business Resource Center.

To read the action plan in full, click here.