CV applies for Enterprise Zone to entice business/job training
Camp Verde is applying to the Arizona Department of Commerce for the designation of a portion of the community as an “enterprise zone.”
The designation, if approved, is part of the Arizona Enterprise Zone Program.
According to Community Development Director Will Wright, the town meets the criteria for designation through its poverty-rate statistics based on the 2000 census.
Beginning at the town center, the zone will be bounded on the south by General Crook Trail, on the east by Main Street, on the north by the Verde River following along Arizona 260 corridor to the northwest boundary of the town, covering 12 square miles.
Camp Verde is comprised of approximately 43 square miles.
There are 1,156 people from Block Group 2 and 306 people from Group 1 for a total of 1,462 people comprising the proposed zone. Block Group 2 has 270 people below poverty level plus 34 people from the four blocks in Group 1.
According to a report prepared by Wright’s office, “The area that qualifies for consideration as an Enterprise Zone encompasses the Historic Town Center and along the western State Route 260 corridor. Because these areas do qualify and represent future growth for the town, members of the Town Council respectfully request these areas be included in an Enterprise Zone to enhance economic growth and increase job opportunities in the town.”
If approved, the town must appoint an administrator (probably Wright) to work under the general direction of the Zone Commission (town council).
“What it does is provide another tool in our economic development effort to encourage manufacturing jobs by offering incentives such as state income tax credit and other local incentives enticing or expanding businesses in the enterprise zone. The training offered through the state and colleges are through existing programs used to help displaced and low-to-moderate workers who need training or jobs. Part of their salaries may qualify to be paid by state agencies while training in skill levels necessary for new jobs,” Wright said.
He said this particular program “has been out there for some time and that he was instrumental in developing a similar zone when he worked for Graham County.
Wright said they expect an answer to the application request by November.
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