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r ECONOMIC GOALS The team effort between county government, the Council of 100 and the people of Indian River County represents a new chapter in our history of service to this community. With renewed energy and leadership, we have outlined a pro -active economic development program. The only way we can achieve our goals is by working together, speaking with a single, clear voice... using the proven concept of teamwork. This commitment to teamwork can best be described as the "Indian River Team." It must not be looked upon as simply an expression, but rather a SPIRIT. It's a way of working together to get things done. The. Indian River Team is people helping each other to make this a better place to live and work. It is truly the magic ingredient in the economic development process. The first year of any new strategic commitment is typically one of adjustment to new report- ing procedures and performance measures. Of course the success of any economic initiative is conditional upon the status of the national economy. Based on these observations, the results projected represent'Best Guess" performance goals the Council believes are achiev- able during the first year of plan implementation. As we all know, the only true method available to evaluate the efforts of the Indian River County Council of 100 is the number of new jobs created within the community. The result of the Council of 100's efforts during the last year with the arrival of companies like Macho Products, Inc., Hybrid Sources, Inc., and GeoNet Ltd, Inc. will create 150 new jobs in Indian River County. The pending expansion of Wal-mart/Sams will create an additona1250 jobs and, in addtion, development projects yet to be announced will result in another 300 new jobs. The Council will continue present programs that will assist existing local companies in _ expansion efforts in order to meet a targeted goal of 50 new jobs annually. Furthermore, the Council will initiate new programs as well as continue existing initiatives which will encourage and assist in the location of new companies that build on the traditional eco- nomic base. The targeted goal of this effort is to create 100 new jobs annually. Commissioner Eggert clarified that this request has nothing to do with tourist tax dollars. It has to do with bringing permanent jobs to the county. If it also brings hotel business, that would be good for the tourist trade, but this request is not part of the tourist tax money package. Charles Lavin, president of the Council of 100, encouraged the Board to approve the request because the funds are necessary to fulfill the Council's responsibility under the County's economic development policy. Mr. Lavin reported that the Council of 100 work with the Florida Department of Commerce to get whatever leads are available. Leads from the Florida Department of Commerce have not been significant over the last 12 months. They are going into a new program and are in transition, and Economic Development Councils throughout the state have experienced a dropoff in referrals at this point. Mr. Lavin advised that the Council of 100 has been invited to tag along with Piper to trade shows and work out of Piper's booth. The expense of renting a booth would be eliminated and Council members could attend the trade shows and promote Indian River 31 MAR 231993 800K S � J