You choose, we deliver
If you are interested in this story, you might be interested in others from The Journal Gazette. Go to www.journalgazette.net/newsletter and pick the subjects you care most about. We'll deliver your customized daily news report at 3 a.m. Fort Wayne time, right to your email.

Business

  • Deal reached to sell supermarket chain to ex-CEO
    A New England supermarket chain that has been in turmoil for weeks over a workers’ revolt and customer boycott has announced that the former CEO is buying the company from rival relatives.
  • FBI investigating reports of attacks on US banks
    The FBI said Wednesday it’s working with the Secret Service to determine the scope of recently reported cyberattacks against several U.S. financial institutions.  A report on Bloomberg.
  • IMF chief faces probe for fraud
    PARIS – Christine Lagarde, the chief of the International Mon­e­tary Fund, was put under of­fi­cial investigation for negli­gence in a French corruption probe that dates back to her days as France’s
Advertisement

DID, development group seek working agreement

Officials with the Downtown Improvement District and Greater Fort Wayne Inc. are hashing out details of how the two organizations will work together.

Zachary Benedict, chairman of DID’s board, led a discussion today about the basic elements of an agreement. The non-profit organization devoted to marketing and growing downtown Fort Wayne held its monthly meeting at the Allen County Public Library’s downtown location.

Greater Fort Wayne Inc. is the official name of the new economic development organization that will represent the city and county. The non-profit is a merger of the Greater Fort Wayne Chamber of Commerce and the Fort Wayne-Allen County Economic Development Alliance. The combined staff totals 26.

The organization’s goal is to create a common vision and speak with one voice when talking to employers about investments and job creation.

The Downtown Improvement District was not part of the merger because as a pseudo-governmental agency that was created by state statute, it collects taxes from businesses operating in the designated area. There would be legal implications if it joined with two non-profits.

But DID’s leaders plan to work directly with Greater Fort Wayne Inc.

Details of the contract will include financial arrangements, staffing, communication and board membership.

For more on this story, see Wednesday’s print edition of The Journal Gazette or go to www.journalgazette.net after 3 a.m. Wednesday.

sslater@jg.net

Advertisement