New Town Macon Inc.

Filing Period

Jul 1, 2011 to Jun 30, 2012

Signed

Feb 20, 2013

Return Version

2011v1.5

Gross Receipts

$4,331,147

Mission

Major Activities

Activity 2

Gateway initiative - as of june 30, 2012 significant progress towards the defined goals of the initiative continued, including: the gateway site was launched and work on the mobile version of the site neared completion. Macon shorts finalists and the macon music winners were honored at a community wide event with attendees from around the state in attendance to view the films and music video made in macon. Media buzz, social networking and exposure from the competitions, paired with the diligent work of the macon film commission, the resulted in increased industry interest in the area with two major films choosing macon as a location for filming in 2012. Gateway also held a packed house community expo for the twenty finalists of the macon mogul competition where potential small business owners pitched their ideas to judges and residents. Gateway, partnering with new town, assisted mogul winner, tailsspin, with the selection and renovation the of their new retail space in downtown macon. As of the year ending june 30, 2012, renovations were completed and the store was in process of being stocked for an early fall opening. The number of partnering organizations increased to 38 groups aimed at enhancing area tourism, arts, music, education and commerce. The initiative continued to foster collaboration among the groups and provided support and promotion for innovative new offerings to the community, including but not limited to: working with the cherry blossom festival to bring the first street art project to macon in spring 2012; with macon concert association to host internationally recognized violinist and multimedia artist, tim fain at wesleyan college promoting music, visual arts and technology with the area's first live social q&a via twitter; to introduce the group streetline - organized to keep teens in school and off the street by engaging them in the arts to an audience of tourism professionals from around the state at the governor's conference on tourism hosted in macon in sept. 2011; and help sponsor and promote the museum of art's and sciences new digital planetarium. Additionally a variety of resources were shared with the city of macon and partnering organizations including welcome kits, photos and video adopted by the area colleges for recruitment purposes.

Activity 3

Growing jobs - over the last 5 years, newtown had a goal of netting 60 new businesses and we actually netted 70 new businesses which leveraged a total of 130 million dollars in improvements and/or new construction. We also directly aided in 20 of the 34 improved or restored facades. Newtown macon partnered with the city of macon to establish 3 tax allocation districts (tad). A tad is an economic development tool that finances infrastructure projects in the district through bonds serviced by future increases in property taxes generated from new development. One tad encompasses the second street corridor from interstates 16 to 75, another along riverside drive from second to new streets, and the third at the former bibb mill site along coliseum drive at interstate 16. These three tads could generate 36 million for infrastructure improvements and leverage at least 82 million in additional private development. We also took over the management of the historic terminal station which consisted of managing a construction project which resulted in a bus transfer station and parking and renovation of the lobby. We also managed the tenants and event rentals at the station.

Filer

EIN

58-2273893