On Wednesday, June 19, City Manager Jack Griffin will meet with the San Marcos Economic Development Corporation (SMEDC) to deliver a message on the community’s fiscal health and plans for the City’s future.
While the economy may still be sluggish and challenges at the state and federal level remain, Griffin has explained that San Marcos has positioned itself very well through the economic downturn and therefore has a stable budget.
“Ultimately, our strong foundation will help us continue to provide quality services while still preparing for our future,” said Griffin.
Griffin is expected to discuss the City’s future, which calls for three keystone developments in San Marcos: the San Marcos Creek District, University District and Palomar Station. Significant progress has already been made on the University District and Palomar Station broke ground in May. The Creek District has been slower to materialize due to redevelopment cuts and the economic situation.
The City also plans to ramp up its economic development efforts in hopes of bringing new business and jobs to the area. San Marcos is participating in a five-city initiative to brand the region with Carlsbad, Escondido, Oceanside and Vista.
Charles Zahl, director and treasurer of SoCal Entrepreneurial Ecosystem Development Inc. will also speak at the meeting to provide an update on the San Marcos Wireless Health Incubator Program. The program is designed to connect entrepreneurs with mentors, support services and access to start-up capital so that new business can be successful. As North County’s education hub, the City has a rich pool of intellectual capital making San Marcos an ideal host to incubator programs and new businesses that will add jobs to the region.
For more information about San Marcos’ budget or economic development efforts, please visit www.san-marcos.net