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• Orange County Economic Development recommends BOCC <br />approval for a general set of internal, non - published guidelines at <br />the current formula (up to 75% of an investment project's taxable <br />value) and term (up to 5 years) that has proven to be successful. <br />• This method maximizes the County's ability to review each <br />business prospect's desirability for our community, determine an <br />appropriate inducement agreement that is competitive within our <br />region, and ensure confidentiality with our inducement agreement <br />during the project's competitive recruitment process. <br />• With each project, the Economic Development director and County <br />Manager would first discuss an appropriate incentive, and then <br />present to the BOCC in closed session for further evaluation. <br />