Minutes 11-17-2016 - Laserfiche WebLink

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7 • Article 46 financial programs to support the growth, expansion & retention of Orange County's small businesses. (1/4 cent sales tax for economic dev.) Business Recruitment Efforts • Wegmans Food Markets, Inc. recruitment by the County & Town of Chapel Hill o $1.7 million annual retail sales tax and property taxes for the County and all 3 towns o 350 full-time equivalent jobs • Buckhorn Economic Development District—BOCC approved funding the "Efland Sewer to Mebane Phase II Extension"utility line extension in early 2016. • Morinaga America Foods, Inc. o Grand opening held in early in 2016 o Company has reached its' Phase One employment target of 90 jobs o Now operating 2 production shifts • SWOT Analysis - Upcoming release of a request for proposals (RFP) to conduct a SWOT analysis (strengths, weaknesses, opportunities, threats) for properties the 3 Economic Development Districts. • Business Recruitment Efforts ECONOMIC DEVELOPMENT REPORT— TOWN OF HILLSBOROUGH Shannon Campbell, Economic Development Planner, Town of Hillsborough, made this presentation: • She said they have been busy on King Street. • The Town Public Information Office and Economic Development are working together to improve the resources available on the Town's website to prospective business owners and those looking to start and expand business in Town. The Town would like to engage with small business owners and entrepreneurs more. • The Town's Economic Development Planner is now the first and main point of contact for those looking to start, relocate, or expand their business in Town. This position can assist with questions regarding land use, zoning, parking, obtaining building permits, availability property and vacancies in existing buildings within the Town of Hillsborough. • The Town continues to work with the real estate brokers to market available retail locations at Waterstone, Oakdale Village, Hampton Pointe, and vacant anchor tenant space at the North Hills Shopping Center. • The Town has been working closely with the Orange County Economic Development Office which has graciously assisted in providing existing data and reports to help the Town entice new business. The County Economic Development Office has also been helpful and inclusive of Town Economic Development Staff in meetings and discussions that involved properties in the Town limits. • The Town is confidentially working with a number of businesses offering restaurant, retail, recreation/entertainment, and general services. Mayor Stevens extended a welcome to Ms. Campbell, who has been with the Town for about a year. ECONOMIC DEVELOPMENT REPORT— TOWN OF CHAPEL HILL Dwight Bassett, Economic Development Director, Town of Chapel Hill presented this presentation: