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Agenda Item 1 - Economic Development Districts – Follow-up from Board Retreat
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Agenda Item 1 - Economic Development Districts – Follow-up from Board Retreat
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8/31/2018 3:36:20 PM
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BOCC
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9/6/2018
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Work Session
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Agenda
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ORANGE COUNTY <br />NORTH CAROLINA <br />RAICarolantic Fealty <br />14 <br />..0000 <br />• • <br />TIMMONS GROUP <br />As the County continues advancing its Economic Development initiatives, we wanted to note the following <br />items that would further enhance the County's position in the marketplace: <br />Other Considerations <br />1. The County should re- evaluate and potentially reallocate funds for existing water and sewer projects <br />that appear to have minimal ROL <br />2. Evaluate and enhance the "express" review process to make sure it is consistent with "fast- track" <br />permitting in the site selection market. <br />3. Pursue grant opportunities for the County's top sites. This will require obtaining property "control" in <br />order to obtain grants from the following entities: <br />a. Gold Leaf <br />b. Duke Energy Site Readiness Program <br />4. Evaluate underdeveloped interchanges in the county (Exit 263 & 266 in particular). <br />5. Consider changing the names of the EDD's and CITAN's to "Economic Development Corridors" <br />such as to reduce confusion in the industry. <br />Acknowledgements <br />The Timmons Group, Britt Nance and NAI team would like to thank and recognize the contribution of the <br />following individuals towards the development of this Economic Development Study. It has been an honor <br />and privilege working with the Orange County Economic Development Staff, Economic Development <br />Advisory Board and Board of Commissioners to complete this study. Our team looks forward to assisting <br />the County as they move forward with implementation of their Economic Development vision for Orange <br />County. <br />In particular, our team would like to thank the following Orange County staff members for their input into our <br />report as well as the County Commissioners and the Economic Development Advisory Board: <br />Orange County Commissioners <br />• Mark Dorosin, Chair <br />• Penny Rich, Vice -Chair <br />• Mia Day Burroughs <br />• Barry Jacobs <br />• Mark Marcoplos <br />• Earl McKee <br />• Renee Price <br />10 1 Page <br />
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