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2 <br /> <br />• Economic diversification and quality of life <br /> <br />2. What activities are included in the category of economic development? How should <br />those activities be prioritized? <br />• Arts <br />• Commercial and Industrial Recruiting <br />• Small Business Development <br />• Agricultural Development <br />• Tourism <br /> <br />3. How much money is the County currently investing in economic development? <br />Specifically, how are Article 46 funds being allocated? What is the return on investment <br />for those activities? <br /> <br />4. What is the current land use framework in which economic development may occur? <br /> <br />5. What is the tax base profile and how has it changed over time? How has recent <br />economic activity changed the tax base? <br /> <br />6. What is happening in the Economic Development Districts that may impact future <br />economic development strategy? <br />• Status of water and sewer extensions <br />• Encroaching residential development <br />• Practical considerations of expanding utilities in the Eno Economic Development <br />District <br /> <br />7. What are the potential next steps for discussion and implementation? <br />• Using objective criteria identify the most marketable sites within the current areas <br />designated for economic development. <br />• Reduce development risk by preparing a site for development <br />o Identify willing sellers <br />o Conduct due diligence <br />o Gain property control for price certainty <br />o Extend utilities and other infrastructure <br />• Pre-zone property in the areas designated for economic development that are <br />within the County’s zoning jurisdiction <br />• Reexamine the boundaries of areas designated for economic development <br />• Investigate the potential for research and development sites in cooperation with <br />area universities <br />• Reexamine the uses of Article 46 sales tax revenue <br />• Review permitting and regulatory procedures with respect to barriers to efficient <br />processing <br /> <br />Travis Myren said there is a copy of the PowerPoint presentation, a revised handout for <br />the Article 46 sales tax, and a booklet of the loan and grant recipients from 2017-18 at the <br />Commissioners’ places. He made the following PowerPoint presentation: <br /> <br />Economic Development Work Session <br />Board of Orange County Commissioners <br />Southern Human Services Meeting Facility