Economic development moved to town
Tuesday night the Wake Forest Town Board changed the eight-year arrangement under which the Wake Forest Area Chamber of Commerce was paid to be the economic development arm of town government. The board added two positions to the town’s pay scale – economic development director with pay between $75,222 and $122,526 and a permanent part-time economic development coordinator with pay to be determined later. The commissioners also agreed to join the chamber as a community investor at the board of advisors level effective in January. The membership fee is $11,000. “This will still be a partnership with the chamber,” Town Manager Kip Padgett said. “Economic development is not a one-man sport.” Two other recent changes made Tuesday’s actions almost inevitable. Padgett, who came on board in July, was hired partly to increase the town’s emphasis on economic development, and Marla Akridge, the chamber president who headed up a robust economic