Business leaders seek to spur Central Falls growth

City and business leaders are trying to attract new businesses and help existing ones in Central Falls, as a state-appointed receiver works to get municipal finances back in order after filing for bankruptcy.

The city is holding a business networking event Wednesday evening sponsored by Rhode Island Young Professionals and a local credit union that got its start in a Central Falls church basement.

City Councilman James Diossa, who is helping organize the event, said the city “welcomes anyone,” especially businesses that bring jobs.

But times are tough. Jason Faria, who co-owns the International Meat Market in Central Falls, said his annual property taxes are $14,000, and slated to be hiked again.

His net income is up, but so are expenses.

He said, “This isn’t the glory days.” 

Article source: http://www2.turnto10.com/news/2011/oct/10/business-leaders-seek-spur-central-falls-growth-ar-779865/

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