Agenda Item 1 - Economic Development Districts – Follow-up from Board Retreat

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ME 27 Prioritize development of the top sites in EDD's / CITAN's ❑ Buckhorn CITAN: Property on Ben Wilson Road ❑ Buckhorn EDD: Rohl / Collins Property, Flea Market Property, Clark Property ❑ East Efland CITAN: 304 Mt Willing Road— Rezone to align with development goals ❑ Hillsborough EDD: approach property owner on NW quadrant of intersection of 140 and Old 86 to gage willingness to sell. Continue activity at southwest quadrant. Immediate Recommendations Complete necessary due diligence to achieve Tier 4 status on top sites. ❑ Geotechnical, Wetland Delineations, Topographic &ALTABoundary Surveys, etc. Tier 4 is considered "Certifiable" status and has eliminated any UNKNOWNS or RISKS regarding site or infrastructure development that could negatively impact timeline for development. Generally 9 -12 months of development timeline. BUDGET: Site dependent but generally $1,000 to $1,500 per Acre with infrastructure already in place (significantly increases value of property on a per acre basis) Immediate Recommendations ❑ Align zoning within CITAN's and EDD's to be consistent with preferred development goals Immediate Recommendations Consider adjusting boundaries of EDD's /CITAN's AND Water & Sewer Districts to include large tracts adjacent to these districts with low cost of development (utility extensions, etc.). Significant property within the EDD's and CITAN's have been lost to Non or Minimal Tax Paying entities such schools, soccer fields, solar farms, etc. In order to potentially gain that area back there may be opportunities to expand or redraw the boundaries of the EDD's and or CITAN's. There are a few larger tracts with minimal environmental impacts located near or adjacent to the existing EDD's/CITAN's that could be explored; however this may mean adjusting the water sewer agreements. BUDGET: $10,000 to $15,000 in Consultant time to evaluate parcels as well as Staff Time Thinking outside the EDD's and CITAN's - Buckhorn CITAN — Example Parcels- MAP Study Recommendations Complete a countywide water and sewer study to identify options to increase water and sewer capacities. A countywide water and sewer study would identify opportunities to increase and expand water and sewer capacities within each service area. A full study would help the County to better understand the limiting factors and what the cost and timelines are needed to increase the availability. The ED staff is losing opportunities regularly based on not being able to meet the demands for water and /or sewer. This needs to be completed on behalf of the County, and not the jurisdictions or authorities who own and manage the water & sewer systems. BUDGET $75,000 to $100,000 Study Recommendations Complete a GIS Site Selection Study to identify sites with greatest development potential near or adjacent to development corridors. A GIS site selection study is a non -bias computer based site selection study that can look over all parcels within a county or selected area to determine developability based on selection criteria defined. For example, if the parameters were to identify all parcels with XX acres of