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Economic organization defines its goals, purpose

After ACC Commission withheld funding, the Economic Development Foundation clarifies its purpose.

After a struggle securing a quorum 0n Monday, the Athens-Clarke County  Economic Development Foundation settled on the wording for the mission of the organization and the job description for President/CEO Matt Forshee.

The EDF is trying to outline its purpose after the ACC Commission decided to withhold funding beyond one month until the organization clarifies its purpose and goals, the Athens Banner-Herald reported.  About half of the EDF's annual budget comes from the county.

The goals outlined Monday settled on a focus on business attraction, business expansion and side projects.

Board members decided to approve what was called "a living document" by Jeff Wilson, who sits on the board of directors. The mentality was that the wording of the goals, objectives and job description provided to the board of directors could be amended as needed and were a better option than leaving a void.

Board chair Jinx Patel called the wordage "a good starting point" and acknowledged that changes could be easily made.

Forshee also gave an end-of-year report which outlined good news on the unemployment front. Almost 750 more Athenians have secured jobs since last year at this time, Forshee said.

Forshee told members of the organization that "unemployment ticked down" to 7.2 percent in the county. The 742 jobs figure was among a list of facts outlining the EDF's progress in the last 12 months.

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