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A new savings account could help fund growth near Stafford Regional Airport

The Stafford County Board of Supervisors will consider creating an Economic Infrastructure Fund that will secure future funds for infrastructure improvements along Centreport Parkway, near the Stafford Regional Airport.

Conceptually, the fund would be used as a savings account that would use a portion of the county's tax revenue to support future growth and development in the area where a new 200,000 square foot Amazon fulfillment center will open

The new center is expected to create at least 100 full and part-time associate jobs and potentially hundreds of driver opportunities.

The Centreport area has long been targeted by the county's Community and Economic Development Committee as an area with potential for both industrial and distribution businesses. 

According to county documents, the fund model is based on the use of future tax revenues as opposed to other options such as Community Development Authorities, which raise funds through additional taxes.

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