Orange County NC Website
ORANGE COUNTY <br />BOARD OF COMMISSIONERS <br />ACTION AGENDA ITEM ABSTRACT <br />Meeting Date: September 6, 2018 <br />Action Agenda <br />Item No. 1 <br />SUBJECT: Economic Development Districts — Follow -up from Board Retreat <br />DEPARTMENT: County Manager's Office & <br />Economic Development <br />ATTACHMENT(S): <br />A — Timmons Report Executive Summary <br />With Study Recommendations <br />Full 182 Page Report Only Available <br />Electronically at: <br />http: / /cros3 .revize.com /revize /orangecount <br />y /document center /CountyCommissioners <br />/ Economic %20Development %20District% <br />20SWOT %20Analysis %20F1 NAL %20Rep <br />ort %20FEB18 %20(1 <br />B — Excerpt from January 26, 2018 Board <br />of Commissioners Retreat Minutes <br />C — Article 46 Sales Tax Report <br />INFORMATION CONTACT: <br />Travis Myren, 919 - 245 -2308 <br />Steve Brantley, 919 - 245 -2326 <br />PURPOSE: To discuss economic development strategy and implementation issues raised <br />during the 2018 Board of Commissioners Retreat. <br />BACKGROUND: During FY2017 -18, the County retained the Timmons Group to conduct an <br />analysis of the areas in the County that are designated for economic development activity. The <br />Report (Executive Summary provided at Attachment A — Full 182 Page Report available <br />at http: // cros3 .revize.com /revize /orangecounty /document center /CountyCommissioners /Econo <br />mic% 20Development% 20District %20SWOT %20AnaIVsis %20FI NAL %20Report %20FEB 18 %20( <br />1 ).pdf) concluded that Orange County's Economic Development Districts (EDD's) and <br />Commercial Industrial Transition Activity Nodes (CITANs) create legitimate opportunity for <br />development, but the sites need to be better aligned with market needs and expectations. <br />The Board of Commissioners received the report during the 2018 Board of Commissioners <br />Retreat. The discussion during the Retreat (see minutes in Attachment B) raised more strategic <br />issues about how economic development priorities are established, framed, and executed given <br />