Mooresville Downtown Commission Funding Uncertain

By
Services for Real Estate Pros with The Anderton Corporation

The Mooresville Downtown Commission, a non-profit group that works to maintain and sustain the development and character of downtown Mooresville, is asking the Town Commissioners to increase the funding it receives from the town to $60,000, but the town is uncertain of the return on investment.

Previously, the Town's contribution to the group has been approximately $45,000 per year. However, with the impending retirement of the long-standing director, the MDC feels that it's necessary to hire “an executive director with experience promoting and revitalizing downtowns”, and add that this individual will be held to the meeting of certain goals in “increasing investment, business growth, residential development and entertainment”.

Some of the Town Commissioners feel that the money the Town has provided in the past has not provided any measurable results, despite the Town's additional efforts in upgrades to sidewalks and parking in the Downtown area. MDC board members seem to share this concern and frustration, however, and also feel that the board must demand results from a new executive director.

The Town Commissioners have until June 30 to make a decision on the budget request of the MDC, but some sources feel a decision sooner is likely.

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