|TRAFICANT, James A., Jr.,|
Washington, D.C. – U.S. Rep. James A. Traficant, Jr. (D–OH) wants to meet with the commissioners of Columbiana, Mahoning and Trumbull Counties to discuss Traficant's economic development fund proposal. Traficant sent letters to the commissioners today requesting a meeting to discuss the proposal. Traficant announced the plan Saturday at a meeting with local elected officials and business people. "The economic future of the Mahoning Valley will hinge on how well the three counties work together on long-term economic development projects," said Traficant. "Above and beyond having a plan, we need to have the resources to accomplish our goals. That's what my economic development fund is all about."
Traficant is proposing the imposition of a seven-year .25 percent sales tax in Columbiana, Mahoning and Trumbull Counties. The revenue generated by the sales tax would go toward the economic development fund. Money raised in each county would generally be spent in the respective county. The funds would be used for a wide range of economic development initiatives, and would be eligible for state and federal matching grants.
Traficant wants to work with all local elected officials, the business community and other community organizations in fleshing out the operational details of the plan. Traficant hopes to meet with the commissioners over the next several weeks to discuss the plan.