Monday, August 11, 2008

Florence IDA has been marching to its own beat for 40 years

[Source: Daniel Dullum, Florence Reminder] -- Traditionally, IDAs exist solely as fundraising conduits. In 1968, the Florence IDA established its own independent approach that also includes land ownership and involvement in historic restoration. The IDA's list of accomplishments is impressive. It includes restoration of the Suter house, the Brunenkant Bakery building and the building that houses Total Concept. They helped build Jacques Square, financed facades, and helped establish the Townsite Historic District.

And, when McFarland State Historic Park faced closure, the IDA prepared a comprehensive resolution that helped keep the park open in perpetuity. "We've done a lot within that 40 years," Florence IDA president Peter Villaverde said. "I'm sure we've spent close to $2 million for various projects, starting with the Visitor's Center, which is now going to be the Main Street headquarters. "My project is Jacques Square. We purchased that for $20,000, the town participated, the community participated. ... The developer who restored what is now Total Concept was really impressed by what the community can do when working together, and donated the watering system for the trees.

[Note: To read the full article, click here. Photo source: Mark Cowling, Florence Reminder. Pictured: The reconstructed Cosmopolitan Saloon, one of the Florence IDA’s many accomplishments.]