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Nevada City Creates Economic Fund

Posted: Sep. 24, 2015 12:12 PM PDT

The Nevada City Council has voted to create an Economic Development Fund. The council voted last night to establish the fund with 100-thousand dollars. City Manager Mark Prestwich says they will use Measure L Sales Tax Money for part of it…

Listen to Mark Prestwich 1

The council also has voted to spend it. The money will be used to try to procure a digit media campus, which they hope will be at the old Grass Valley Group site. Prestwich says the Economic Resource Council, which wants to build the campus, has received a federal grant…

Listen to Mark Prestwich 2

The proposal was put to the council for a vote at last night’s (Wednesday’s) meeting, and was approved unanimously.

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