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¤2 ]] C1.5 G 0 [[ SHOULDER GRAPHIC¶Salt Lake City is working on a new plan to draw new businesses downtown. It would provide grant money to help small companies make the transition. ¤3 ]] C1.5 G 0 [[ DOUBLE BOXES¶2 BOX News Specialist John Daley joins us now with details. John? Bruce and Deanie--throughout his time in office so far--Mayor Rocky Anderson has made Main Street a big priority--specifically trying to liven things up--and bring in new stores. Now--the city's got a new program aimed at that same goal.
¤0 ]] C1.5 G 0 [[ NAT SOURCE =show downtown Main Street¶NAT Salt Lake City wants to make Main Street the "main attraction"...for small businesses...and for their customers. To that end--the city's redevelopment authority is proposing a pilot project--designed to give retailers, restaurants and other small businesses a financial incentive to open up a downtown storefront.
¤1 ]] C1.5 G 8 [[ SOT SOURCE=rda IN Q =3:06 "If they're seeking... OUT Q =3:14 ...our Main Street." RUNS =:08 *CG name Rocky Anderson/Salt Lake City Mayor¶SOT Rocky Anderson/Salt Lake City Mayor "IF THEY'RE SEEKING TO EXPAND OR RELOCATE FROM OUTSIDE OF SALT LAKE CITY, BRING THEM DOWN TO OUR MAIN STREET."
¤2 ]] C1.5 G 0 [[ FONT FULL Luring New Business: $100,000 program up to $20,000 per business must be in business 4 years must stay 3 years ¶FONT FULL The proposal would establish a 100-thousand dollar program... It would pay up to 20-thousand dollars to entice a small business downtown. To qualify a company must be in existence four years; two of which were profitable. And the business must stay downtown for 3 years.
¤3 ]] C1.5 G 0 [[ NAT SOURCE =two shot¶NAT The head of the Downtown Alliance says the proposal is promising.
¤4 ]] C1.5 G 15 [[ SOT SOURCE=rda IN Q =8:16 "I think it'll be... OUT Q =8:31 ...make a difference." RUNS =:15 *CG name Bob Farrington/Executive Director/Downtown Alliance¶SOT Bob Farrington/Executive Director/Downtown Alliance "I THINK IT'LL HELPFUL. I THINK ONE OF THE THINGS WE'VE FOUND AS WE'VE TALKED TO ASPIRING BUSINESSES IS THAT OFTEN TIMES THERE'S A LITTLE BIT OF A GAP BETWEEN WHAT THEY CAN AFFORD AND WHAT THE TENANT NEEDS IN RENT. SO I THINK ANYTHING THAT CAN HELP PERHAPS BRIDGE THAT DIFFERENTIAL CAN MAKE A DIFFERENCE."
¤5 ]] C1.5 G 0 [[ NAT SOURCE =show more downtown shots; people bustling¶NAT The program is aimed at breathing new life into a downtown that is still the region's biggest retail center.
¤6 ]] C1.5 G 0 [[ NAT SOURCE =show Denver¶NAT It's aim is to repeat the success of other cities like Denver--where early investments created--years later--a bustling urban center.
¤7 ]] C1.5 G 15 [[ SOT SOURCE=rda IN Q =3:31 "We ought to be... OUT Q =3:46 ...downtown feel." RUNS =:15 *CG name Rocky Anderson/Salt Lake City Mayor¶SOT Rocky Anderson/Salt Lake City Mayor "WE OUGHT TO BE ATTENDING AS MUCH ON THOSE LOCAL BUSINESSES THAT GIVE SO MUCH CHARM AND UNIQUENESS TO THIS COMMUNITYAND THE KIND OF BUSINESSES THAT CREATE A MAIN STREET DOWNTOWN FEEL."
¤8 ]] C1.5 G 4 [[ SOT SOURCE= IN Q =12:34 "We have a... OUT Q =12:37 ...on the future." RUNS =:04 *CG name Bob Farrington/Executive Director/Downtown Alliance¶SOT Bob Farrington/Executive Director/Downtown Alliance "WE HAVE LOTS GOING FOR US, SO I'M VERY BULLISH ON THE FUTURE."
The proposal will come before the Redevelopment Authority board on Thursday. Also--that night the board is expected to discuss a proposed multi-million dollar deal to get KUTV to move to Main Street. Reporting live, I'm John Daley. Bruce and Deanie--back to you.