(West Palm Beach, FL) -In an effort to kick start economic growth and entice business and industry to invest in the City of West Palm Beach, Mayor Jeri Muoio announced plans for the city to offer new economic incentives to the private sector.
Mayor Muoio announced her plan during the annual State of the City Address at the Palm Beach County Convention Center.
These new economic development incentives level the playing field in Palm Beach County, and will make the City of West Palm Beach competitive with other nearby municipalities and perhaps more attractive to business than other cities in Palm Beach County.
Part of the framework includes a combination of strategic investment initiatives that will focus on business expansion and retention; marine industry recruitment; downtown office conversion funds; small business loan guarantees; and capital improvement projects.
Watch the entire State of the City Address here:
(There is a short 3 minute video before she delivers the address)