Orange County NC Website
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Conclusion & Key Take Aways <br />✓ Data Indicates Orange County has Legitimate Prospect Activities and <br />Opportunities to close deals <br />✓ There is less developable acreage than originally anticipated in the <br />EDD's and CITAN's <br />✓ Water & Sewer capacity is an issue for recruiting high $$ per SF <br />industries (Food & Beverage, Manufacturing /Bio, IT /Data Centers) <br />✓ Orange County has some legitimate properties that can be <br />developed, however, the County needs to be thinking beyond the <br />existing CITAN's and EDD's <br />✓ Economic Development opportunities can generate significant tax <br />revenues to help pay for Infrastructure, Schools and other key County <br />Services in addition to creating "living wage" jobs <br />✓ Land Pricing is an issue that needs to be addressed <br />TIMMONS GROUP NAICarolanticRealty 39 ORANGE COUNTY <br />Coht ©20122018 ll "...�"�,��� "-.,,�".�� NORTH CAROLINA <br />P7�'�g <br />Timmons Group AI I Rights Reserved <br />Immediate Recommendations <br />✓ Enter discussions with Mebane to increase capacity within water & <br />sewer agreement <br />✓ Have Planning Department interact with the Economic Development <br />Department on a regular (monthly) basis and during infrastructure <br />planning stages. <br />✓ Work with the Towns & revisit intergovernmental agreements to <br />make sure they are conducive to the needs of Economic <br />Development <br />✓ Approach property owners about willingness to sell their properties <br />within the Buckhorn, Efland and Hillsborough EDD's / CITAN's <br />TIMMONS GROUP NAICarolanticRealty 4o ORANGE COUNTY <br />Copyright CCG2012 -2018 — l w NORTH CAROLINA <br />Timmons Group Al CM `�`� <br />I Rights Reserved <br />1/22/2018 <br />20 <br />