Creating the commission is something First Selectman Bill Brennan said he has wanted to do for quite some time. His hope is that it is fully formed by midyear.
It started with the board conducting research from various resources for what the objective should be for economic development in Wilton, Brennan said. Selectman Jim Saxe agreed with Brennan, saying that its something needed in the town.
Board members have conducted research over the last several years on surrounding towns' experiences with economic development. Brennan asked the selectmen to seek out possible candidates to fill the new commission.
Getting the right people in this is almost as important as deciding what we want to do, Brennan said. I think this is an interesting project for a lot of talented people.
From the research done by the selectmen, Brennan said most towns seat a commission of five to nine people with varying backgrounds in real estate, business, venture capital and others. Brennan said many towns had two-year terms with members appointed by the Board of Selectmen.
The commissions changed over time. At first it was visionary, and as the vision got closer and practical, then the real need was to have those practical disciplines, Saxe said.
The commission's goals and objectives need to be done concisely, they decided. Set them clearly and realistically and attainable, not blue sky, Brennan said. The selectmen agreed to keep the objectives simple and focused.
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