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ORANGE COUNTY <br />BOARD OF COMMISSIONERS <br />ACTION AGENDA ITEM ABSTRACT <br />Meeting Date: August 19, 2010 <br />SUBJECT: Orange County Economic Development Discussion <br />DEPARTMENT: Board of Commissioners <br />County Manager, Economic <br />Development, Planning & <br />Inspections, & Economic <br />Development Commission <br />Advisory Board <br />ATTACHMENT(S): <br />1. May 18, 2010 EDC Agenda Item <br />2. Retail Market Analysis — Town of <br />Chapel Hill <br />3. Office Market Analysis — Town of <br />Chapel Hill <br />4. Putting Smart Growth to Work in <br />Rural Communities ICMA <br />5. Orange County Summary - <br />Economic Development Activities <br />Currently Being Pursued <br />Action Agenda <br />Item No. <br />PUBLIC HEARING: (Y /N) No <br />INFORMATION CONTACT: <br />Valerie Foushee, Chair, BOCC, 245 -2130 <br />Frank Clifton, County Manager, 245 -2306 <br />Brad Broadwell, Economic Development <br />Director, 245 -2350 <br />Craig Benedict, Planning Director, 245- <br />2575 <br />Kathleen Ferguson, Chair, Economic <br />Development Commission Advisory <br />Board <br />PURPOSE: To provide an opportunity for the Board of Commissioners, leadership of the <br />Economic Development Commission Advisory Board, and invited guests to discuss the <br />Economic Development Commission Advisory Board's recommendations and other related <br />initiatives /plans for future economic development in Orange County. <br />BACKGROUND: <br />Orange County Commission, Orange County Economic Development Advisory Board and <br />Invited Guests Discussion Items: <br />A. May 18, 2010 Orange County EDC Recommendations: <br />1. Fully funding the water and wastewater infrastructure improvements needed in the <br />Economic Development Districts to make them more attractive to investors and <br />business owners. <br />Overview - Frank Clifton, County Manager <br />2. Endowing the EDC's economic development tool kit so that the county can <br />effectively respond to opportunities to recruit, retain, grow, and generate the kinds <br />of businesses that are desirable. <br />