Hart Economic and Community Development 2-yr Snap Shot

Feb 2020- Feb 2022 Activity Report

MISSION STATEMENT to develop and implement creative community-based strategies to enhance economic opportunity through educational partnerships, a consolidated infrastructure system, regional collaboration, business retention and attraction, high quality of life, and a strong sense of community.

New businesses

• Stellas

• Dogwood Community Development

• Trucking Office

• 5-Star Realty

• Jellico Cosmetic Tattooing

• Lakeside Bagel & Smoothie Bar

• Tractor Supply

• Lavender Hill Lake House Air BNB

• Auto Zone

• Biggby

• Pixel Grafix Studio

• Hart Village Market

Expansions - new locations

• Gray & Co Expansion

• Oceana Family Chiropractic PC

• Main Street Medical

• Oceana Land Title

Income generated

• TIFA Property Improvement Grant Investments $55,839

• Match on Main Grant Recipient $50,000

• Gift Card Incentive $82,800

• MCACA Grant for Music on Commons $ 4,000

• HEART, John Gurney Park, Historic District Websites $30,000

• Discover Oceana Business Directory Website $ 5,000

• Shop Local Video reaching over 41,000 $ 5,000

• First Impression Tourism Grant $ 4,000

• Donations $23,000

• Ceres Acquisition Savings $80,000

TOTAL $339,639

Annual savings (ongoing)

• Downtown Office Rent & Utilities Savings $ 7,800

• Admin Support to TIFA $45,000

• New TIFA Plan (corrected capture calculations) $150,000

TOTAL $202,800

SUMMARY:

• $340,000 Income generated since March 2020

• $203,000 Amount saved or generated annually

• 16 New and expanding businesses (including new locations)