MainStreet, Carlsbad form development pact

An agreement designed to build the economic vitality of downtown Carlsbad was approved Tuesday night by the Carlsbad City Council, the Carlsbad Current-Argus reports.

The pact is among NM MainStreet, Carlsbad MainStreet, the City of Carlsbad and The Pearl of the Pecos Arts and Cultural District, said Ashly Key, director of Carlsbad MainStreet.

“The purpose is to dedicate collaborative resources, adopt local economic growth and revitalization tools, and establish economic development funding for operations and program implementation to restore economic vitality within the MainStreet economic redevelopment District,” she said.