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in Hugo, and if some of the prospective businesses need assistance in locating here, and <br /> they meet the funding policy requirements; they will be eligible to potentially receive <br /> funding from the EDA and the City. What is important to note is that the EDA and the <br /> City are not in the business of providing money and subsidy to private industry, they are <br /> only willing to provide assistance when the results substantially benefit the citizens of <br /> Hugo. The single most important job the EDA possesses and therefore its goal is the <br /> marketing of what Hugo has to offer, the financial assistance is only ancillary. <br /> By taking this approach the City will take the necessary first steps towards <br /> fostering development and growth in Hugo. An effective marketing campaign will attract <br /> business, which will create a greater tax revenue for the City, and will provide greater <br /> amenities to the citizens of Hugo. The people who serve as commissioners on the board <br /> of the Hugo EDA will be provided with the power to shape the future of Hugo, but more <br /> importantly they will posses the power to create the future Hugo. <br /> If you advertise it, they will come <br />