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Economic Development Advisory Council
About the Economic Development Advisory Council (EDAC)
The charge of the Economic Development Advisory Council (EDAC), approved by the Board of Selectmen on July 13, 2009, shall be to develop and recommend economic development policy in accordance with the goals of the Milford Board of Selectmen and Milford Master Plan, and, utilizing the report Recommendations to Foster Economic Development in Milford dated June 8, 2009, facilitate the economic development goals, recommendations, and actions at the direction of the Board of Selectmen.
Economic Development is defined in many ways, but in general, can be stated as a program, group of policies, and/or activity that seeks to improve the economic well-being and quality of life for a community. Economic development not only retains jobs and provides a stable tax base but also promotes economic betterment by continually improving human development, education, health, safety, and well-being for the citizens of a community.