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EDC will NOT seek County Funding Past June ’05

The Economic Development Company of Tuolumne County Board of Directors voted Wednesday NOT to seek funding from Tuolumne County past June of 2005.

Carrol Sinclair, President of the EDC Board of Directoirs said “Our decision today is based on our board´s appreciation of the difficult local budget circumstances now facing our county”. Sinclair continued “We appreciate and would like to thank the Board of Supervisors and the citizens of tuolumne County who have supported county funding for the EDC”. Executive Vice-President Elizabeth Jones said “perhaps future budget improvement will enable our County Supervisors to again consider rejoining the EDC”.

The EDC plans to canvas its membership to immediately seek input as to the future direction of the organization.