Escanaba City Council Meeting (May 2nd, 2024): Historic Districts, Krusin Cars, and Investing Surplus Capital

Recently watched the Escanaba city council meeting and pondered some of the interesting ideas that came forward in terms of investing surplus monies from the city as well as developing a historic district (I used to ice skate in the triangle as a kid). Of course there was that car classics event that is coming up this month so you don't want to miss that. It sounds like there are three potential net positives that can be created in a way that would lead to a stronger local community. 

The goal of any community should be to increase these net positives in a way that generates money as well as create a higher standard of living. win-win. Escanaba is one of those places that is connecting back to world markets and is doing so in a unique way from a dedicated group of citizens that are building on their strengths. 

These are hardy Great Lakes coastal people who have learned to be resilient and get things done when they want to accomplish a goal. Sure they love the water and the woods but they also love their community.

Escanaba May 2nd, 2024 Escanaba City Council Meeting

-The Krusin Klassic Car Club requested City Council approval to use Ludington Park and Ludington Street on May 31, 2024, from 6:00 p.m. to 8:15 p.m.

-Investing of surplus operating funds of the City of Escanaba. While the discussion was on investing surplus funds, in general I agree that making sure that there is a growing pot of money somewhere can help in lots of ways. Whether that is in an investment vehicle or in paying down debts it makes sense to maintain as many net positives as one can for long term fiscal health. Those places that can do that well and generate a sizable pool of financial resources without wastefully spending it will be attractive for future investments. Investing Surplus Funds

-Historic District Ordinance discussion. Did you know there could be a 16% increase of housing value with historic districts? Historic Designation and Property Values. Did you also know that historic districts also generated more tourism and construction work? Preserving History Boosts Local Economies

Stay tuned for economic wonders of rural economies.....to be continued.