Baker and team plan Economic Development Fund fourm

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EDI Fund Flyer (Taken from the PGC Government Website)

Do you have questions about the Economic Development Fund the county council passed last year at the urging of Executive Rushern Baker? Do you want to know who should apply for funds, how will funds be dispersed and what will be the process used to determine spending?

Prince George’s County Executive Rushern Baker and many of his top economic development officials are hosting a forum on Wednesday, February 29th at Roosevelt High School from 7PM-9PM.

The meeting is open to the public and free. For more information visit www.pgcedc.com/busDevelopment/EDIF.php.

The EDI Fund, which passed with council approval last fall after it was delayed, has been in the news again lately. The county council put $50 million dollars into the fund from the fund balance in 2011 but were shocked to see that the controversial slots legislation proposed by State Senator Douglas JJ Peters (D-23) would funnel more money to the program, money the council would never have control over. In a vote last week the members of the council voted 9-0 to oppose the legislation.

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