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support economic <br />Durham County <br />1.3 million in 2008 to $2.2 million in 2009 and it is <br />Durham commits Sig $1.3 tgrown from $ resources and minimal staff time to su ment <br />development. Funding is used for economic develop <br />2.5 million in 2010. This funding Durham's County <br />budgeted to reach $ ort artner organizations (see Figure 4). <br />incentive investments and to supp p Greater <br />activities <br />Durham <br />.12 <br />Manager serves as an ED contact, and on tracts devet the pGreater Durham Chamber o <br />Commerce to coordinate the Count <br />❑;a,tte 4: Durham Cowrty Economic Devel°p <br />nlent Program Overview <br />— — <br />MISSION implement initiatives that promote the <br />This mission is achieved by working closely with local economic development <br />The mission of Durham County's Economic Development Program is to develop and P <br />economic well being of Durham County. <br />organizations to aid and encourage new capital investment and the creation and retention of quality jobs for Durham <br />residents. <br />PROGRAM DESCRIPTION <br />Manager's Office. Acontract <br />s Economic Development Program is managed and staffed through the County <br />Durham Count✓ <br />200. In addition, this budget includes operational <br />p ion" Partnership (RTRP) and <br />with the Greater DUrha Fohfevelo m Commerce t Program <br />provides budgeted ats$142, Ce m coordinating economic deludes Operational <br />s <br />activities in the county. Inc, (DDIj and membershi dues for the Research Triangle Reg <br />support funding for Downtown Du respectively- <br />in the amount of $54,000 and $38,211 <br />W sEc that are schedul73S ents and the amount budgeted for each, through <br />ontinues to maintain its Economic Development Investment Program to encourage the location and ch, throe o s and industry. Comp 00 <br />tual agreements in FY 2005 -10 include: erican Institute of Certified P 6ic Accounta• itol Broadcasting Comp Y ai, Inc: - $200,000 Data Center -- $107.142 • erck & Co., Inc. -- $200,000 itronex— $45,000 rata systems— $35,000 533,333 uintiles Transnational Corp:-$ 13Q000 nited Therapeutics COrporatlin) - $ development. <br />role is a supporter of economic develop Under this arrangement, the County s primary ment functions. Accordingly, <br />onsible for daily economic develop ment in the <br />private investment to support economic develop meet <br />The Durham Chamber is public ear economic develop <br />the Chamber leverages public and p a four-year art of Vision 3D, image, <br />County. It recently raised $2.5 Million as p development, job creation and Community <br />„13 <br />initiative "designed to bolsbo�lpurham and its resjdents. <br />ensuring economic Prosperity <br />Durham County Government Recommended Budget Fiscal Year 2009-2010: <br />12 " 16, Durham County, NC. <br />Economic /Physical Development," pg. Budgets /FY09- <br />http: / /t^w� •CO•durham•nc.us /departments /bdmg/ <br />tt Recommended/ PDF/ EconomicphysicalDevelopment.pdf <br />73 "Vision me ded /P, Greater Durham Chamber of Commerce. <br />ww.du rhamchamber.org /business /vision_3d.html <br />7 <br />http: / /N, <br />