The interim president and CEO of the East Baton Rouge Redevelopment Authority plans to conduct a financial review of the agency and create a business plan that will identify potential long-term financing sources to keep the agency afloat.
Gwen Hamilton, who took over at the RDA on Dec. 1, says now that she has settled in to her new position her top priority for the new year is to get both the financial review and the business plan completed by the end of the first quarter. Both actions will require hiring outside experts and do not require approval from the RDA board of commissioners.
“My hope is that we will contract with someone to work with staff to put together a business plan,” Hamilton says. “That is something that we have to do—come up with a realistic business plan for what we are and where we hope to go.”
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