In a special meeting held on July 13, 2021, Board of Trustees President John Morris and Trustee Terry Posey brought forward a motion to create a Community Investment and Innovation Fund. They expect to identify approximately $1 million for new neighborhood initiatives. The motion passed unanimously.
Trustee President Morris commented, “This group of trustees is committed to supporting our neighborhoods. I look forward to working with our citizens and exploring their ideas for the best way to invest these funds into our neighborhood parks, roads and organizations. Step 1 was the passage of this motion to create the community investment fund.”
The next steps will be for the trustees and administration to identify available funding and potential uses. In 2020, Senate Bill 4 was passed, allowing local governments to redirect restricted funds for investment into other areas. Also, the 2021 American Rescue Plan may provide additional funding. These efforts may identify as much as $1 million to be available for community investment.
“The pandemic affected all of our citizens and businesses,” Trustee Vice President Posey said. “Through the creation of this fund, we look forward to engaging neighborhood, business and non-profit stakeholders on this rare opportunity to drive township improvement without raising taxes.”
Trustees Morris and Posey are available for further comment and interview.
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For Immediate Release
Contact: Jill Drury, Communication Coordinator || (937) 433-9969 || jdrury@miamitownship.com