News

OEDC approves new enterprise zone, Main Street facelift

The Olney Economic Development Corporation board of directors on March 6 voted to hire two firms to create and implement plans for an enterprise zone to attract businesses and to spruce up downtown. The plan is to hire one firm for planning and engineering, and another firm to create a tax incremental reinvestment zone (TIRZ) along Main Street (State Highway 114) and State Highway 79, and to rehabilitate the facades on the commercial buildings within the zone.

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