GALWAY — This rural town in western Saratoga County will be creating its first economic development plan, working with the county's economic development agency.
An initial meeting to launch the plan's development will take place at 7 p.m. Wednesday at the Galway Town Hall.
At the meeting, Saratoga County Prosperity Partnership President Marty Vanags will make a presentation on economic development principles and practices, including business retention and attraction strategies, small business development, and financial incentive and incentive packaging.
"We are excited to work closely with stakeholders throughout Galway to increase an economic development plan specific to the town's current and future needs," Vanags said. "We look forward to engaging with government and business leaders, as well as residents, to ensure this blueprint reflects an appropriate vision to guide the town moving forward."
The town, which has about 3,500 residents, is mostly rural, with a number of farms and a few areas with commercial development in the village of Galway and along Route 29.
"This process will respect our commitment to preserving the rural character that makes Galway a special place, as well as the need for smart, strategic growth that keeps taxes low and services intact," said Town Supervisor Michael Smith.
The process is expected to take several months, with the Prosperity Partnership surveying the community, meeting with residents and other stakeholders, and examining the community's strengths, weaknesses, opportunities and threats. A draft plan is expected to be ready over the summer.
The plan is part of the Prosperity Partnership's efforts to develop local community plans. Galway is the second community it is working with; it is already working with the town of Moreau, where a plan is also expected to be presented this summer.