Agenda - 10-18-2011 - 7a - Laserfiche WebLink

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ORANGE COUNTY BOARD OF COMMISSIONERS ACTION AGENDA ITEM ABSTRACT Meeting DatE~: October 18, 2011 Action Agenda Item No. ~- Q, SUBJECT: North Carolina Tomorrow Cornprehensive Economic Development Strategy (CEDS) for Orange County a:> Part of the Seven County Triangle J Council of Governments DEPARTMENT: County Manager/ Economic PUBLIC HEARING: (Y/N) Yes Development ATTACHMENT(S): INFORMATION CONTACT: (1) Notice of Public Hearing Michael Talbert, Interim Assistant (2) North Carolina Tomorrow Executive County Manager, (919) 245-2153 Summary Dottie Schmitt, Economic Development, (919) 245-2327 Steve Brantley, Economic Development Director, (919) 245-2326 PURPOSE: To conduct a public hearing to alllow residents the opportunity to express views and proposals prior to the submission of a Community Development Block Grant (CDBG) Grant Application through the NC Department of Ccmmerce. BACKGROUND: The NC Department of Commerce and the 16 regional North Carolina Councils of Governments are working cooperatively to create a more uniform approach to economic development planning across the state. The project is to produce a comprehensive economic development strategy (CEDS) for each region. These regional plans would be consolidated into a State strategy. The regional councils are also working with the federal Economic Development Administration on this initiative. Attached is an Executive Summary of the initiative, providing a more detailed descriiption of the proposed collaborative partnership. The County is the applicant for these funds since CDBG funds must be awarded to a local government grantee. TJCOG will act as the sub-grantee to carryout the work and manage the grant. The anticipated grant award is $50,000 for a period of 18 months. The award will not hinder any other CDBG efforts by Orange County and will not count against County caps. The application deadline from the NC Department of Commerce is November 10, 2011. The Board conducted a first required public hiearing on this item at its October 4, 2011 regular meeting. This is the second required public hearing. FINANCIAL IMPACT: There is no financial irnpact associated with holding the public hearing. RECOMMENDATION(S): The Manager recommends that the Board hold the public hearing and direct staff to proceed with an application for the North Carolina Tomorrow initiative funded by a Community Development Block Grant, authorizing the Manager to sign the application on behalf of the County.