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2. ELEMENT OBJECTIVES 9 <br /> (Please identify the Objectives associated with the Implementation Actions reported under item <br /> number 1 and indicate status as Initiated, Completed, Ongoing, or No Action) <br /> Economic Development <br /> Obiective ED-1.1: <br /> Focus public education efforts on sustainability issues, looking at the social, <br /> economic and environmental contributions of local businesses. (See also <br /> Agricultural Objective AG-6.) <br /> Recent efforts include public outreach with multiple audiences, serving on speakers' <br /> panels, multiple media/publications (e.g. TBJ, Chapel Hill news interviews) <br /> Status/Action: Initiated <br /> Objective ED-1.2: <br /> Form partnerships both within and outside the County to create a stronger business <br /> climate and market the changes to existing and potential employers. <br /> Important partnership activities include refunding RTRP, serving on RTRP executive <br /> Board, development of relationships with local Chambers of Commerce, UNC, local <br /> and regional developers. <br /> Status/Action: Initiated <br /> Obiective ED-1.3: <br /> Develop clear criteria defining desirable businesses for the next five years. <br /> Identification of the desirability of `green' businesses, laying the groundwork for the <br /> EDC Advisory Board to further develop the definition of the `clear criteria' <br /> Status/Action: Initiated <br /> Objective ED-1.4: <br /> Achieve the objective of adding 5,000 new private sector jobs in the County and <br /> $125,000,000 in new commercial property by June 2010, with the goal of 75% of the <br /> new jobs being filled by County residents. <br /> Status/Action: Ongoing <br /> Objective ED-1.5: <br /> Identify barriers to development of desirable businesses and local businesses, and <br /> mitigate these barriers. <br /> Primary barriers have been identified as lack of site-ready land, lack of incentives, <br /> lengthy development process, and community commitment to business development <br /> Status/Action: Ongoing <br /> Objective ED-1.6: <br /> Provide outreach, recognition and/or expedited service to new and existing <br /> businesses that meet development criteria. <br /> New businesses are identified through RTRP involvement, existing/business <br /> retention program is not yet ready to initiate due to lack of offerings. <br /> Status/Action: Ongoing <br /> Objective ED-1.7: <br /> Enhance Orange County's tourist industry. (See also Cultural Resources Objective <br /> CR-8.) <br /> Involvement on Convention and Visitor's Bureau supports this facet of Economic <br /> Development. <br /> 7 <br />