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7 <br /> 1 o $1.7 million annual retail sales tax and property taxes for the County and all 3 <br /> 2 towns <br /> 3 o 350 full-time equivalent jobs <br /> 4 • Buckhorn Economic Development District—BOCC approved funding the "Efland Sewer <br /> 5 to Mebane Phase 11 Extension"utility line extension in early 2016. <br /> 6 • Morinaga America Foods, Inc. <br /> 7 o Grand opening held in early in 2016 <br /> 8 o Company has reached its' Phase One employment target of 90 jobs <br /> 9 o Now operating 2 production shifts <br /> 10 • SWOT Analysis - Upcoming release of a request for proposals (RFP) to conduct a <br /> 11 SWOT analysis (strengths, weaknesses, opportunities, threats) for properties the 3 <br /> 12 Economic Development Districts. <br /> 13 • Business Recruitment Efforts <br /> 14 <br /> 15 ECONOMIC DEVELOPMENT REPORT—TOWN OF HILLSBOROUGH <br /> 16 Shannon Campbell, Economic Development Planner, Town of Hillsborough, made this <br /> 17 presentation: <br /> 18 • She said they have been busy on King Street. <br /> 19 • The Town Public Information Office and Economic Development are working together to <br /> 20 improve the resources available on the Town's website to prospective business owners <br /> 21 and those looking to start and expand business in Town. The Town would like to engage <br /> 22 with small business owners and entrepreneurs more. <br /> 23 • The Town's Economic Development Planner is now the first and main point of contact <br /> 24 for those looking to start, relocate, or expand their business in Town. This position can <br /> 25 assist with questions regarding land use, zoning, parking, obtaining building permits, <br /> 26 availability property and vacancies in existing buildings within the Town of Hillsborough. <br /> 27 • The Town continues to work with the real estate brokers to market available retail <br /> 28 locations at Waterstone, Oakdale Village, Hampton Pointe, and vacant anchor tenant <br /> 29 space at the North Hills Shopping Center. <br /> 30 • The Town has been working closely with the Orange County Economic Development <br /> 31 Office which has graciously assisted in providing existing data and reports to help the <br /> 32 Town entice new business. The County Economic Development Office has also been <br /> 33 helpful and inclusive of Town Economic Development Staff in meetings and discussions <br /> 34 that involved properties in the Town limits. <br /> 35 • The Town is confidentially working with a number of businesses offering restaurant, <br /> 36 retail, recreation/entertainment, and general services. <br /> 37 <br /> 38 Mayor Stevens extended a welcome to Ms. Campbell, who has been with the Town for <br /> 39 about a year. <br /> 40 <br /> 41 ECONOMIC DEVELOPMENT REPORT—TOWN OF CHAPEL HILL <br /> 42 Dwight Bassett, Economic Development Director, Town of Chapel Hill presented this <br /> 43 presentation: <br /> 44 • We are operating under a Commercial Development Strategy that was developed 2015- <br /> 45 2016 with the Vision of"Taking our place on the map of like cities for research and <br /> 46 development." <br /> 47 • Working with our Engineering division to evaluate what might be built on the Wallace <br /> 48 Parking Deck. We are thinking this could be reduced rate office space and we might <br /> 49 partner with a private developer to see this happen. <br />