A KOTA Territory town continues its commitment to economic development. Businesses on the north side of the city will be getting a nice boost over the next two years.
The Sheridan City Council voted this week to approve $50,000 of one-cent funds for the North Main Association, $25,000 this fiscal year and $25,000 the next.
That money will augment the $15,000 the NMA had set aside to fund an economic growth initiative.
The group hired an Oregon-based consulting firm to determine what existing North Main businesses need to thrive.
"Our intent is to have in place strategies and an actual plan that will help these people with their business growth and development," said NMA president Sheleen Smith.
But she couldn't say which businesses they'll help the most. That'll be determined throughout the consulting process, which Smith expects to take until late August or early September.
"I think that we're going to see funding issues will be important," she said, "that these consultants will give us ideas on grant funding, potentially site swapping."
Smith thinks the Wrench Ranch development north of town, plus last year's Main Street work will drive more business north.