The City of Lakeport seeks to retain, strengthen, and expand the existing business base in the community. Recruitment and encouragement of businesses that will complement and improve the existing commercial mix and enhance the area’s attractiveness to the target markets is also a primary goal. The Lakeport City Council annually contributes approximately $70,000 of Transient Occupancy Tax revenues to the Lakeport Chamber of Commerce in support of the organization’s business and economic development activities. The City also provides financial support to the Lakeport Main Street Association and other groups who sponsor various community events.
Lakeport benefits from its role as the Lake County seat of government with the County Courthouse and related office facilities located in the heart of the community. In addition, several large employers, various State and Federal offices, and regional shopping facilities help to strengthen the Lakeport economy.
According to a recent business climate and commercial assessment:
- There are many active entrepreneurs and civic-minded residents investing in the Lakeport community.
- Lakeport is beginning to appear on the map as an alternative to big city living.
- Lakeport’s business climate is good and proprietors are optimistic about the future.
- Lakeport’s principal commercial district, the downtown, offers truly unique ambience with lakefront vistas, an intact historic district, and the courthouse square.
- Several business incentives and support programs exist to help with business development.
- Lakeport is home to several anchor businesses that attract (and retain) hundreds of area shoppers to the community each day.
- Lakeport has an impressive mix of businesses that serve the everyday needs of local residents and workers.
- Lakeport businesses are interested in and willing to work together.
- Lakeport has a small town USA appeal.
- There are numerous existing successful commercial operations in Lakeport.
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