Newport’s city council Monday tackled the age-old problem of how to encourage new industries and businesses to move to Newport, or start up in Newport. The council has already hired ECONorthwest, a Portland consulting firm, to gather employment, real estate, demographic, current development and other data that will be needed to chart a course toward greater economic vitality for the town.
The council said they want to begin running a parallel course with ECONorthwest using a large community economic development advisory committee to gain as much public and business community involvement as possible. Members of the new committee will be recruited on the basis of general business, industry, medical, governmental, marine science, commercial fishing, lodging, the port and other components of Newport’s economic base.
Newport Community Development Director Derrick Tokos said he expects to recruit members to the committee in time for a scheduled December 12th meeting. If they miss that date, Tokos says it’ll be likely a date soon after the first of the year. He says the analysis and strategy formulation should be complete by this summer, after which the community can begin to more strategically chart a realistic economic course.