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Business Insider

Lindley Estes is a business writer for The Free Lance-Star and This blog is on Fredericksburg-area business. Send an e-mail to Lindley Estes.

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Funding for Main Street program in city to be discussed

A committee formed to explore the possibility of Fredericksburg joining the Virginia Main Street Program will give its findings at a meeting scheduled for Sept. 14. Committee members – Mona Albertine, Linda Arnold, Marc Ast, Sue Bridi, Tom Crimmins, Wilson Greenlaw and Richard Tremblay – are expected to give their recommendations at that meeting on how to fund the program, whose annual budget is expected to be in the range of $200,000. Possible sources include a special tax district on downtown commercial properties, grants, fundraising events, membership fees and contributions from the city’s Economic Development Authority and overall budget. The city’s economic development department and EDA have said downtown would benefit from the organizational structure that Main Street provides as well as the staff member devoted entirely to creating a thriving central business district.

The Sept. 14 meeting will start at 8 a.m. at the Courtyard by Marriott downtown. City officials hope to attract downtown commercial property owners, business owners and interested citizens. Click here for a webpage that the city put together on the Main Street program.