11/10/1992 - Laserfiche WebLink

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r NOV 10 1992 Bou 87 V4 99� since the 1985 approval of its OEDP. To meet the current year progress report requirement, the EDC has opted to readdress the entire OEDP, instead of just submitting a progress report. The EDC's decision to revise the OEDP was prompted by the availability of more accurate data from the 1990 census, as well as a perception that the county's economic development strategies needed to be revised. On August 18, 1992, the Board of County Commissioners reviewed the then draft goals, objectives, and policies section of the Overall Economic Development Plan for conceptual approval. At that time, the Board conceptually approved the goals, objectives, and policies with one minor change to policy 3.4 to indicate that both county staff and the Professional Services Advisory Committee must review and evaluate the county's Land Development Regulations for elimination of --any unnecessary regulation. Since board approval of the goals, objectives, and policies, there has been only one change. This relates to policy 3.1. Based upon further input by the utilities department as well as subsequent Board direction, the timeframes for extension of water and sewer _lines to commercial/industrial nodes reflected in policy 3.1 have been reduced. -As revised, policy 3{.1 indicates that water and sewer will be provided to that porti n --of the State Road 60/I-95 Commercial/ Industrial (C/I) node west of I-95 by 1993, to' -%the I-95/ County Road 512 Commercial/Industrial node by 1993-94, and to the Osla Road/74th Avenue Commercial/ Industrial node by 1994-95. These timeframes can be reduced further if demand warrants it. ALTERNATIVES AND ANALYSIS For the past several months, the EDC has met, reviewed the existing overall economic development plan and developed set of goals, objectives, and policies. These goals, objectives and policies address the county's major economic development issues and establish a long term economic development strategy for the county. With policies ranging from marketing the county's economic development potential to analyzing the feasibility of providing economic incentives to attract industry, this plan provides an economic development strategy for the county. Throughout this process, the Economic Development Council has reviewed and revised -the goals, objectives and policies as well as other portions of the plan several times. On October 27, 1992, the Economic Development Council approved the attached Overall Economic Development Plan with some minor revisions and directed staff to forward the revised plan to the Board of County Commissioners for the Board's approval prior to sending the revised plan to the Economic Development Administration (EDA). The Board of County Commissioners has three alternatives. These alternatives are: to approve the revised OEDP as submitted and direct staff to forward the plan to the Economic Development Administration; to approve the OEDP with changes; or to reject the revised OEDP. RECOMMENDATION The EDC and the staff recommend that the Board of County Commissioners approve the attached Overall Economic Development Plan (OEDP) and direct the staff to forward the plan to the Economic Development Administration (EDA). 14 M