Resolution to create the Greater Portland Economic Development Corporation.
ACTION: Council action is anticipated.
This is a proposed public corporation to further economic development in the Greater Portland region.
The Metro Coalition includes the municipalities of Portland, South Portland, Westbrook Scarborough, Falmouth, and Cape Elizabeth. In addition to these communities the following organizations will also be part of the new corporation: Portland Regional Chamber, the Greater Portland Alliance of Colleges and Universities, Cumberland County, and Greater Portland Council of Governments.
The Coalition voted recently to support the establishment of the Greater Portland Economic Development Corporation (GPEDC).Â
As the next step in this process each of the six municipalities need to endorse the attached resolution. The South Portland City Council has endorsed this resolution and we expect the other communities will take action within the next month.