ENGLEWOOD ECONOMIC DEVELOPMENT CORP

ENGLEWOOD ECONOMIC DEVELOPMENT CORP THE ENGLEWOOD ECONOMIC DEVELOPMENT CORPORATION, ("EEDC"), AN INDEPENDENT NOT-FOR-PROFIT CORPORATION, WAS INCORPORATED ON SEPTEMBER 21, 1978, FOR THE PURPOSE OF PROMOTING AND ASSISTING THE INDUSTRIAL, COMMERCIAL, AND ECONOMIC DEVELOPMENT OF THE CITY OF ENGLEWOOD (THE "CITY"), NEW JERSEY, WITH A FOCUS ON THE DOWNTOWN AREA OF THE CITY. AMONG ITS TASKS, EEDC IS THE DISTRICT MANAGEMENT CORPORATION FOR THE ENGLEWOOD SPECIAL IMPROVEMENT DISTRICT ("S.I.D."), WHICH WAS ESTABLISHED BY ORDINANCE OF THE ENGLEWOOD CITY COUNCIL ON MAY 20, 1985, TO PROMOTE THE ECONOMIC HEALTH OF THE DOWNTOWN AREA. ITS BUDGET IS RE-AUTHORIZED ANNUALLY.