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Archive for the ‘Economic Development’ Category

LRTA PUBLIC ANNOUNCEMENT CLICK HERE FOR MORE INFORMATION

Notice of parking garages closing effective Tuesday, April 1, 2014.

Gallagher I and Gallagher II parking garages located at the Gallagher Terminal, Thorndike Street in Lowell will be closed due to the construction of a new parking garage, effective Tuesday, April 1, 2014.

The Rourke parking garage on Chelmsford St. will remain open.

The Rourke Garage located on Chelmsford St. at the the intersection of Westford Street, will be the only entrance open for pre-assigned monthly passholders and daily parkers. There will be a limited amount of spaces for the daily parkers and this parking will be on a first come/first serve basis.

The LRTA anticipates that there will be ample spaces for evening and weekend parking at the Rourke parking garage.

ALSO REMAINING OPEN DURING CONSTRUCTION
The Gallagher Terminal Lobby (Thorndike St)
The drop-off and pick-up area at the Gallagher Terminal (Thorndike St)
The LRTA bus hub at the Kennedy Center (Thorndike St)

The LRTA thanks you for your patience

Thank you for your patience and understanding during this major construction of a new garage at the Gallagher Terminal.

Please feel free to the LRTA at 978-459-0164 if you have any questions.

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The City of Lowell has been recently learned that it failed to meet a state established level of school spending The Department of Elementary and Secondary Education (DESE) completed their annual review for the FY13 and it was noted the net school spending (NSS) was missed by $3.8M.  To address this issue an action plan for FY14 and FY15 was released during the February 25, 2014 City Council meeting.

From the FY96 to FY08 Lowell had failed to meet its’ NSS requirement by as much of -4.9% (FY00) and often times came very close to exceeding the 5% deficiency allowed under law.  It was not until FY09 that Lowell had met the requirements in place and from FY09-FY11, Lowell spent $9,798,817 over the NSS requirement. In actuality the City exceeded DESE projected spending each fiscal year from FY07-FY12. 

The 2013 deficiency can be attributed to a number of factors that took place in the City that were difficult to fully project.  The change in employee and retiree health insurance, which resulted in several million dollars which directly benefitted the students, and dramatic savings in utility costs for all facilities, contributed to the deficiency.

In order to address the net school spending deficiency the following actions were prepared:

• A transfer of $2M from the City’s Chapter 17 account to the Lowell School Department.  These funds need to be repaid into the Chapter 17 account during FY15.  At this point it is expected that there will be available Free Cash to transfer into the Chapter 17 account as there is an expected reduction in the FY14 Charter school assessment and an increase in the FY14 Charter School reimbursement

• Amended filing with the state for non-direct City spending for education for FY13 and full accounting of spending for FY14 based upon full capture of school maintenance costs and the health insurance costs of school nurses.

• An increase of $800K in direct spending on education spending for FY15 along with increased in direct spending for pensions and refined health insurance. 

This action plan is intended to address the issue of the underfunding of our schools in a timely manner.  If all recommendations are implemented, the accrued shortfall amount is projected to be $0 by the end of FY15.

 

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The City of Lowell is once again offering the Best Retail Practices Program

Click photo to find out more information about the Best Retail Practices program located on the City of Lowell’s website.

Please keep in mind that you do need to register for this event on Wednesday, March 12, 2014

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Looking for a Few Green People !
 
Are you interested in helping Lowell’s restaurants be more sustainable?

Do you want to get more involved in the community? Well, come and join us!

The Lowell Green Restaurant Program has a couple of vacancies on our Board and we’re looking for people with a passion for supporting more sustainable business practices and making Lowell a sustainable city.
 
 If you’re interested, please email                                           

 lowell.greenrestaurant@gmail.com.

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FOR IMMEDIATE RELEASE:
Contact: Theresa Park
Title: Director of Economic Development
Phone: 978-446-7200
Email: tpark@lowellma.gov

Open Doors to Federal and State Government Contracting

Lowell, MA, January 9, 2014 — The City of Lowell, through the Department of Planning and Development’s Economic Development Office, is partnering with the U.S. Small Business Administration to offer a workshop on “Open Doors to Federal and State Government Contracting.”

The workshop, to be held on Wednesday, January 22nd, will cover how businesses can better position themselves to access government contracting opportunities, a $500 billion market, by obtaining certification as a small business, small disadvantaged business, women-owned small business, or a veteran and service disabled business. In addition, other relevant topics will include the 8(a) Business Development Program and the HUBZone Program. Speakers from the U.S. SBA and the State’s Supplier Diversity Office include Pauline Swanson, SBA’s Business Opportunity Specialist, Lisa Gonzalez Welch, SBA’s Economic Development Specialist, and Bonnie Hayman, Outreach Coordinator for Massachusetts’ Supplier Diversity Office.

“The U.S. Government is the world’s largest customer, and they routinely do business with small businesses,” said Bernie Lynch, Lowell City Manager. “And we’d like to open up these opportunities to the many capable local businesses in the City of Lowell. The workshop will demystify the process by which small businesses can position themselves for government contracts.” The workshop will also avail information on how small businesses can also tap into the City of Lowell’s procurement pipeline.

The procurement workshop will be held at Middlesex Community College Morse Federal Building, 50 Kearney Square, Lowell. For additional information including registration for the workshop, go to http://www.mktix.com/colow or call/email us at (978) 674-1437 or efindlen@lowellma.gov. Parking is available in the Davidson Lot and snow date is set for January 29th.

About The City of Lowell

A crossroad of commerce and creativity, the City of Lowell is a diverse urban environment. Named one of the best places to live by Boston Magazine, the City is characterized by its established arts community, distinct residences and commercial vitality. The fourth largest city in the Commonwealth of Massachusetts, Lowell is home to an eclectic mix of cultural attractions and events including the Lowell Folk Festival, Lowell National Historical Park, Lowell Memorial Auditorium and the Tsongas Arena. A leader in urban redevelopment, Lowell offers a variety of residential and commercial space from renovated mills to modern high-rises. Strategically located at the intersections of Routes 495, 93 and 3, Lowell has established itself as a leading business and entertainment destination throughout Massachusetts and Greater New England.
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City of Lowell, MA Recognized with the Kenneth E. Pickard Award for Regional Economic Development by the Massachusetts Municipal Association

City Manager, Bernie Lynch, announces that the City of Lowell has been chosen by the Massachusetts Municipal Association (MMA) to receive the Kenneth E. Pickard Municipal Innovation Award along with the Towns of Bedford, Billerica, Burlington and Chelmsford.
The City of Lowell has been recognized for this award as part of the Middlesex 3 Coalition as an example of an exceptional Regional Economic Development Public/Private Partnership.
In receiving this award, the City of Lowell and other regional members of the Middlesex 3 Coalition have demonstrated their dedication, commitment and ability to increase the effectiveness of local government by successfully implementing a unique and creative program.
The Middlesex 3 Coalition is a regional partnership consisting of five Middlesex County Communities that surround the Route 3 corridor. The coalition communities seek to foster economic development as well as create job growth and retention. Additionally, diversification of the tax base and enhancement of quality of life are major goals of the Middlesex 3 Coalition. Members include stakeholders in local government, business, finance, education and development who have combined resources to promote the competitive advantages of the region and advance the economic vitality of the corridor. Lowell will continue to work with other surrounding communities to offer opportunities for residents, students and businesses and is committed to promoting strong economic leadership and innovation.

For more information, please visit http://www.middlesex3.com/

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Attention, Lowell Businesses! — Attend an info session on Thursday, Nov 21, 8:30 AM at the Greater Lowell Workforce Investment Board, 107 Merrimack Street to learn how to apply for the MA Hiring Incentive Training Grant.

Businesses can apply for $5K cash grants when hiring a MA resident who has been unemployed six months or more or Veterans (regardless of length of unemployment). Employers may receive up to $75K each calendar year for new hires meeting eligibility requirements.

To register or for more information contact Gail Brown: gail.brown@cclowell.org or 978-805-4736.

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