WATTS : Councilman Acts to Spur Economy
Seeking to attract and retain businesses in Watts and around the Los Angeles Harbor, City Councilman Rudy Svorinich Jr. has created an economic development corporation that will focus its efforts in those areas.
The entity, formed early last month, is assembling a board of directors and community advisory panels in each community in the 15th District.
The corporation will seek funding from grants to launch marketing campaigns to attract businesses to the area. It will also offer existing businesses advice on how to cut costs.
“It’s a real proactive stance on economic development,” said Barry Glickman, Svorinich’s chief of staff.
The idea for the corporation arose during a 15th District economic summit that Svorinich convened in November, 1993, to discuss ways to improve the business climate in Watts, Harbor Gateway, Harbor City, Wilmington and San Pedro.
The corporation is also expected to focus on ways to increase tourism to the Watts Towers as a means of boosting business in the area.
Information: (213) 485-3347.
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