Saranac Lake Village officials used their Aug. 13 meeting of the Saranac Lake Local Development Corporation (LDC) as a platform to change the direction of economic development here.
While some communities rely on town, county or chamber of commerce resources to spearhead economic development and tourism efforts, the village of Saranac Lake is taking the lead instead. It’s already had success with grant writing through the Community Development Office for years, and the fairly new LDC is poised to create partnerships to bring more new business to town.
“The LDC should be the centerpiece of economic and community development in Saranac Lake,” said Trustee Paul Van Cott.
The LDC directors invited a few guests to the Harrietstown Town Hall auditorium Aug. 13 to talk about their organizations, thereby gathering information on the current economic development and tourism assets at the village’s disposal. Speakers included Community Development Director Jeremy Evans, Saranac Lake Area Chamber of Commerce Board of Directors President Craig Stevens, Regional Office of Sustainable Tourism (ROOST)/Lake Placid CVB Executive Director Jim McKenna and ROOST Board of Directors 2nd Vice Chairman Mike Beglin.
One of the goals of the discussion, as outlined by Mayor Clyde Rabideau, is to maximize the collective economic development impact by using their resources as effectively as possible.
“I want to take advantage of the expertise that you have with the existing resources with the different organizations, and we want to minimize the overhead that we each contribute,” Rabideau told the speakers. “Again, we want to eliminate the duplication of efforts.”
The LDC’s mission is to relieve and reduce unemployment; promote and provide additional and maximum employment; improve and maintain job opportunities; attract new industry; retain existing industries; and lessen the burdens of government. Formed in 2010, it was designed to develop loan programs, initiatives and outreach efforts to support the village’s economic development strategy.