City approves funding agreement with Golden Mile Alliance
The city of Frederick and the Golden Mile Alliance have entered into a new agreement for the Alliance’s funding for the next two fiscal years.
The city’s aldermen voted unanimously to approve a new memorandum of understanding with the Alliance at their meeting Thursday night.
The agreement sets the Alliance’s funding for fiscal 2023 at $25,000 and at $27,500 for fiscal 2024.
A previous agreement covered the Alliance’s funding for fiscal years 2020-22.
The Golden Mile Alliance was founded in 2011 to help promote and foster a vibrant and safe community through business, neighborhood, and economic development activities.
Its board is made up of residents, business and property owners, as well as members from the mayor’s office and the city’s Police, Planning, and Economic Development departments.