Agenda - 01-10-1994 - Laserfiche WebLink

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I J SERVICE CENTERS (COMMERCIAL PARKS) BENEFITS IMPACTS Small, attractive buildings Non-peak traffic - regular traffic throughout the day Encourages small business development Who locates there may be hard to control Diversifies economic base Limited employment Low utility use Limited tax revenue While not definitive, the above analysis as well as the discussions of the Target Advisory Group prompted two of its members, Lindsey Efland and Pat Davis, to meet with the Planning Director to discuss, among other things, the question of cost-benefit analysis and how to approach it. It was during these meetings that"cost-benefit"was clarified to be interpreted as"fiscal impact".The interpretation was consistent with the emphasis given fiscal impact by Sarah Rubin in Report #3, Estimating the Effects of Development. When the Final Report of the Target Advisory Group was presented to the Economic Development Commission in December, 1990, it contained recommendations concerning the location and types of businesses, desirable business attributes, and types of businesses to recruit (see Attachment Q. Subsequent Initiatives: Prior to the completion of the Target Advisory Group report and as one of its FY 1990-91 goals, the Board of Commissioners asked that specific parcels be identified for pre-zoning for economic development purposes in a manner consistent with the Orange County Land Use Plan. The goal established August, 1990 as the public hearing date for consideration of the proposal, and directed EDC and Planning, both at the advisory board and staff levels, to coordinate their efforts in accomplishing the goal. Under another economic development goal, to increase understanding of economic development as a solution to poverty in Orange County, reference is made in Objective 3 to fiscal impact analysis. OBJECTIVE 3 To educate the public regarding benefits of Economic Development, especially as a solution to poverty. PLAN of ACTION EDC and the EDC Public Information Committee will lead the effort in the context provide by the EDC Strategic Plan. Fiscal Impact Analysis will provide a new tool. By June of 1990, it became apparent that the parcels and methods for pre-zoning could not be identified in time for the August public hearing. Instead, the Planning Board and the Economic Development Commission focused their attention on ways to coordinate their respective roles and,in October of 1990,jointly adopted an agreement which established procedures to address comprehensive planning and economic development matters of mutual interest. At the same time, a separate agreement was jointly adopted which included the following objectives: 1. Identify appropriate locational criteria, land use categories, and zoning designations to promote business;and 2. Develop performance standards and project size thresholds which measure the impact of land development. To accomplish these objectives, a Work Group was established, comprised of representatives from both advisory boards and their respective staffs. In December, 1990,the EDC Target Advisory Group completed a report identifying preferred locations and types of businesses for Orange County. Consistent with the recommendations of the Target Advisory Group, four areas were identified by the Planning Board/EDC Work Group as focal points for its efforts. They included: