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Vibrant downtowns retain and create jobs = stronger tax base

Vibrant downtowns retain and create jobs = stronger tax base Main Street is a good incubator for small businesses The traditional commercial district is an ideal location for independent businesses Many Main Street districts become tourist attractions

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Vibrant downtowns retain and create jobs = stronger tax base

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  1. Vibrant downtowns retain and create jobs = stronger tax base Main Street is a good incubator for small businesses The traditional commercial district is an ideal location for independent businesses Many Main Street districts become tourist attractions Main Street is a symbol of economic health, local quality of life, pride and community history

  2. National Trust for Historic Preservation Main Street Center • $25.76 to $1 • Average dollars generated for every dollar spent on local Main Street program

  3. Lorain County – 2007 Statistics • New Businesses Opened in Downtown Districts: 20

  4. Lorain County – 2007 Statistics • New Businesses Opened in Downtown Districts: 20 • Net New Full-Time Equivalent Downtown Jobs: 48

  5. Lorain County – 2007 Statistics • New Businesses Opened in Downtown Districts: 20 • Net New Full-Time Equivalent Downtown Jobs: 48 • Public and Private Reinvestment Downtown: $16,392,261

  6. Lorain County – 2007 Statistics • New Businesses Opened in Downtown Districts: 20 • Net New Full-Time Equivalent Downtown Jobs: 48 • Public and Private Reinvestment Dollars Spent Downtown: $16,392,261 • Volunteer Hours Donated: 9,670 = $164,390

  7. Lorain County – 6 Years of Progress • New Businesses Opened in Downtown Districts: 99

  8. Lorain County – 6 Years of Progress • New Businesses Opened in Downtown Districts: 99 • Net New Full-Time Equivalent Jobs: 376

  9. Lorain County – 6 Years of Progress • New Businesses Opened in Downtown Districts: 99 • Net New Full-Time Equivalent Jobs: 376 • Public and Private Reinvestment Dollars Spent Downtown Exceeds: $145 Million

  10. Lorain County – 6 Years of Progress • New Businesses Opened in Downtown Districts: 99 • Net New Full-Time Equivalent Jobs: 376 • Public and Private Reinvestment Dollars Spent Downtown Exceeds: $145 Million • Volunteer Hours: 40,193 = >$680,000

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