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Village of Victor (population 2696)

Name of service/government operation: Local Development Corp

Form of sharing: Joint Village/Town Funding

Services affected: Economic development, retention, recruitment of local business, commercial, retail, industrial

Year started: 2000

Partners: Village/Town of Victor

Primary goal(s)/motivation(s): Economic development, retention, recruitment of local business, commercial, retail, industrial

What planning process preceded the sharing? Hiring of a consultant for downtown Village revitalization plan

What governance structures and/or agreements are required to maintain this agreement? yearly agreement between Village and Town

Challenges: Retention/recruitment of businesses

Benefits: business occupancy rate in downtown district is above 90%

Impact on labor: provides local jobs

Key contact: Kathy Rayburn, Executive Director, Victor Local Development Corp, vicldc@frontiernet.net