I have been talking about public-private partnerships as a solution for funding Kingman projects and I feel it is important that we all be clear on just what they are. The National Council for Public-Private Partnerships, http://www.ncppp.org/ppp-basics/7-keys/, definition is:
“A public-private partnership (P3) is a contractual arrangement between a public agency (federal, state or local) and a private sector entity. Through this agreement, the skills and assets of each sector (public and private) are shared in delivering a service or facility for the use of the general public. In addition to the sharing of resources, each party shares in the risks and rewards potential in the delivery of the service and/or facility.”
The NCPP gives more guidelines on their website. The importance for Kingman is that the City partnering with individuals, businesses and/or investors can get funding for projects that improve roads, enhance economic development, create better paying jobs, and increase the quality of life for the residents of Kingman, as well as for those who travel through. These agreements are made so that each partner benefits as well as carries the responsibilities.
Come to Castlerock Village from 5-7 tonight to meet the Kingman Candidates. Ask me about Private-Public Partnerships there!
Please forward Richard Anderson any concerns or questions you may have by contacting me here email@example.com or cell: 928-377-8888