The New York Mills Economic Development Authority was established in 1994. The purpose and intent of the NYM EDA is to preserve and create jobs in the city, enhance its tax base and promote the general welfare of the citizens of New York Mills. Current board members include:
The New York Mills EDA feels very strongly that establishing new business, as well as helping to preserve existing business entities in the community, is crucial to the city's success and livelihood. If you are thinking of beginning a new business, consider New York Mills. The City has many incentives and avenues through which you may obtain assistance for your new venture. These include Tax Increment Financing Districts, Economic Development Authority loans, and Community Fund and West Central Initiative assistance. For information on any of these avenues, contact City Clerk Julie Roberts at email@example.com or at the following:
City of New York Mills
Meetings for the Economic Development Authority are held monthly in the Council Chambers of the New York Mills City Hall.
Agendas for meetings are available by clicking on the link below.
Copies of Meeting Minutes are available by calling the NYM City Offices. Please note that any minutes published on this website are not official until they have been approved by motion at the following meeting.
The intent of the New York Mills Economic Development Authority is to assist in bringing business into the community as well as to help existing businesses prosper. If you are a member of the City of New York Mills' community and are either looking to start up a new business, expand or update your current business, you may be eligible for gap financing with the New York Mills EDA through their Revolving Loan Fund. Funds can be used to acquisition and/or improvement of land, buildings or equipment, new construction or renovation of existing buildings, demolition or site preparation, equipment purchases, or consolidation of debts along with an expansion proposal. The maximum loan amount available is $50,000. For more information and for a Printer Friendly loan application, click on "EDA REVOLVING LOAN FUND APPLICATION PACKET".