DSDC Contract With Town Of Smithfield Expires

SMITHFIELD – Town Manager Mike Scott announced during the January 3, 2023 council meeting, the Town of Smithfield’s contract with the Downtown Smithfield Development Corporation (DSDC) has expired. Mr. Scott said town staff is working to receive public input through January 11, 2023 to gather opinions from the public and business owners.

“We encourage the public and business owners to contact the Town and state their opinions on hiring a non-profit, like DSDC to manage the tax revenue generated from the Downtown special tax district,” Mr. Scott said in his Manager’s Report.

The DSDC is hoping they can renew their contract with the Town of Smithfield.

In 2016, the DSDC made news when Smithfield Finance Director Greg Siler discovered the non-profit had failed to make two annual loan payments of $15,125 each on a $250,000 StreetScape improvement project. DSDC officials said it was a misunderstanding.