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CONSIDERATION OF ECONOMIC DEVELOPMENT STRATEGY <br />PLAN <br />The Board reviewed the following memo dated 5/26/95: <br />TO: James E. Chandler <br />County Administrator <br />SION HEAD <br />Community Developme*t Di e <br />FROM: Sasan Rohani, AICP/S• <br />Chief, Long -mange Planning <br />DATE: May 26, 1995 <br />RE: Consideration of Economic Development Strategy Plan <br />It is requested that the <br />consideration by the Board <br />meeting of June 6, 1995. <br />DESCRIPTION AND CONDITIONS <br />data herein presented be given formal <br />of County Commissioners at their regular <br />Recently, the Board of County Commissioners held a workshop meeting <br />which focused on utility issues, transportation issues, and <br />potential economic development incentives. Among the items <br />discussed at the workshop meeting was the dr -aft Indian River County <br />Economic Development Strategy Plan. <br />The Economic Development Strategy Plan is one of the work products <br />required by the county's current contract with the Economic <br />Development Administration. As structured, the economic <br />development strategy plan includes an inventory and analysis of all <br />major factors affecting economic development in Indian River <br />County, including tourism. Based upon that inventory and analysis, <br />a recommended set of strategic actions was developed. Finally, an <br />evaluation and monitoring process was included in the plan to allow <br />for an assessment of the progress made in meeting the plan's <br />objectives. <br />On January 24, 1995, and March 28, 1995, the Economic Development <br />Council (EDC) reviewed the draft of the Economic Development <br />Strategy plan and provided comments to staff. The staff then <br />incorporated those changes in the plan and presented the revised <br />draft to the EDC on April 25, 1995. At that time, the Economic <br />Development Council reviewed and approved the Economic Development <br />Strategy plan with some changes. <br />Since copies of the draft Economic Development Strategy Plan were <br />distributed as backup for the recent workshop meeting, a copy of <br />the plan is not attached to this agenda item. Staff, however, has <br />filed a copy of the draft strategy plan with the BCC office. <br />26 <br />June, 6 1995 <br />4 <br />