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Austin Begins Review of Economic Development

AUSTIN-After a rocky end to the '90s boom, the city takes a look at how it can foster growth by building on its assets. One focus will be on streamlining development for small businesses.

By Tim Green | Updated on November 24, 2002

AUSTIN-The city of Austin is beginning a process to review its role in economic development. The city council last week accepted recommendations to create committees to review economic incentives, small business and the cultural elements that make Austin Austin.

The action comes out of a task force headed by council members Will Wynn and Betty Dunkerley. The city is taking a step back to look at the city’s current economic situation and where to go from here.

Wynn says the city has good reason to play a role in economic development. Creating jobs and economic growth is the only way the city “can pay for health care, public safety and emergency services, for parks, libraries, for roads, for all the different things we do as a city,” he said in presenting recommendations to the city council.

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