CITY OF CRYSTAL LAKE: Receives Excellence in Economic Development Award from the International Economic Development Council

By Press release submission

Oct 17, 2018

City of Crystal Lake issued the following announcement on Oct. 17.

The City is pleased to announce that the Three Oaks Recreation Area has received the highest award, the Silver Excellence in Economic Development Award, in the Public-Private Partnership category, by the International Economic Development Council (IEDC). The City is proud to receive this national recognition. The award application highlighted the City’s ongoing partnership with the Quarry Cable Park, Dukes on the Water, Alpine Accessories (Standup Paddle boarding), and the Cottage on the Beach (Swim Beach Concessions). The Three Oaks Recreation Area demonstrates that the City is continually improving public services by establishing innovative public-private partnerships.

The IEDC is the world's largest membership organization for economic development professionals. Economic developers promote economic well-being and quality of life in their communities by creating, retaining, and expanding jobs that facilitate growth and provide a stable tax base. From public to private, rural to urban, and local to international, their membership represents the entire range of economic development. The City’s award application highlighted the City’s public-private partnerships at the Three Oaks Recreation Area.

The IEDC was impressed by not only the City’s vision to create the facility and redevelop a previous rock quarry into a public park, but also by the City’s desire to reach out to private business to improve the park’s public amenities. The 2018 IEDC Board Chairperson, Craig Richard, CEcD, FM, said,

“This year the IEDC judges reviewed some extraordinary projects that advanced both communities and businesses. We congratulate all the award winners, and thank everyone who nominated their projects for sharing their success with fellow IEDC members. What we learn from each other helps us to grow and advance as a profession. We look forward to even greater participation from economic developers across the globe in the 2019 awards program.”

Original source can be found here.