FCIC Formed

A new orga­ni­za­tion is form­ing in Ful­ton County with the aim of improv­ing the econ­omy.

The Ful­ton County Com­mu­nity Improve­ment Cor­po­ra­tion (FCIC) announced last week that it is explor­ing the cre­ation of a private/public part­ner­ship orga­ni­za­tion that would fos­ter eco­nomic devel­op­ment through­out Ful­ton county.

County offi­cials say that pri­vate busi­nesses will be the pri­mary investors in the new orga­ni­za­tion, which will be des­ig­nated a 501©(6), which is a des­ig­na­tion that is usu­ally asso­ci­ated with Cham­ber of Com­merce type orga­ni­za­tions.

The Ful­ton County com­mis­sion­ers will pro­vide fund­ing through con­veyance fees, say­ing it will be a case of busi­nesses doing busi­ness with businesses.