On March 20, 2017, the Selectmen restarted the inactive Economic Development Committee (EDC) and solicited residents to join. This committee was created to promote economic prosperity in the town by attracting businesses that would increase the tax base and also create jobs. It was to consist of three residents, one Select Board member, and one member of the Planning Board.

The committee may expend funds from its annual budget in keeping with the Town's purchasing and financial policies. The committee shall also propose an annual budget to the Select Board according to the procedures specified by the Board.

The committee was set in motion by the following documents.

 Resolution governing the EDC
This resolution was approved by the BOS on Mar. 20, 2017. This committee was created to promote economic prosperity in the town by attracting businesses that increase the tax base and also create jobs.
The resolution was revised in September 2022 to include three alternate members.

 EDC Project Scope
This document, dated Oct. 26, 2016, unfortunately restricts the EDC to the downtown area near the old China Mill.
"The scope of economic development really needs to focus on the market area which includes the entire Suncook Village in Allenstown and Pembroke."

The mission of the Economic Development Committee (EDC) is to:

• Promote economic prosperity in the town.
• Attract new businesses that increase the tax base.
• Encourage existing businesses to renovate or expand.
• Increase the tax base through projects, programs, and activities.
• Seek the support of other town departments and state agencies for specific projects.
• Encourage businesses to create jobs which residents can apply for.
• Collaborate with town departments to organize events that promote recreation, community spirit, and pride in our town.

During its initial years of operation, the EDC engaged in the following projects and initiatives. Details can be found in: Initial Projects

• New Welcome Signs
• Proposal for Ice Skating Rink
• Proposal for Skateboard Park
• Online Business Directory
• Realtors Solicited
• Economic Development Tax Exemptions

Since passage of the EDC business tax exemption, the EDC has devoted its energies to work with the town to attract new business or encourage existing businesses to expand or renovate.

Property worth marketing to businesses is along the Routes 3 & 28 corridors. Investors are needed for vacant properties like the former sawmill on Chester Turnpike, and acres of commercial property bordered by Chester Turnpike, Granite St., and Route 28.

Details can be found in: Noteworthy Business Development Results

The EDC is working in collaboration with the Selectmen on several initiatives that complement its Economic Development projects. These initiatives are activities that do not directly promote economic development. Instead, they are designed to encourage residents and visitors to enjoy those activities that provide recreation, community spirit, and pride in our town.

Details can be found in: Community Initiatives

EDC Members

The committee includes the following members appointed for three years by the selectmen. Annually the selectmen determine what board members join the committee.

• One selectman and one alternate selectman
• One Planning Board member
• Three town residents
• Three alternate members

The town web page has more verbose details.

  To contact all members at once, send e-mail to the
EDC mailbox.
 

Name	Title	Term Expires
Michael Frascinella	Chairman	6/1/2024
Richard Caruso	Vice Chairman	6/1/2024
Ron Adinolfo	Member	6/1/2024
Nancy Beaulieu	Member	6/1/2025
Need Member	Member	TBD
Chad Pelissier	Alternate Member
Michael Landers	Alternate Member
Scott McDonald	Selectman (Ex Officio)
TBD	Alternate Selectman (Ex Officio)	TBD
John Harrington	Town Administrator 603-485-4276 ext. 112

EDC Meetings

Meetings are held no more than twice per month, usually on the 2nd and 4th Wednesdays at 6:30 p.m. at Town Hall. Other dates may be chosen due to member scheduling conflicts.

Agendas are posted on the town web site.

 EDC Agendas

EDC Minutes

Several years worth of meeting minutes are stored on the town web site.

 EDC Minutes