Carthage Economic Development Corporation

The organization pursued ongoing efforts to promote the city of Carthage as a business destination and to support the operations of existing businesses in the Carthage community. During fy22, the organization purchased approximately 67 acres of land for future Development. The organization also entered into an agreement for the sale of approximately 10 acres upon which a new building would be constructed to the buyer's specifications; this project, valued at aproximately 380,000, will be financed for the business owner by the organization over a 10-year term.

In partnership with the Carthage improvement corporation, the organization funded a strategic plan to recruit commercial businesses that will create primary jobs in and around the city of Carthage. This recruitment effort is anticipated to create additional jobs which will increase sales tax and property tax revenues within the city.