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Comprehensive Plan Economic Development Element <br />OBJECTIVE 2: Diversified Economic Growth <br />Between 2010 and 2020, Indian River County will increase the number of jobs in the county's new <br />high wage target industries by 1,000. <br />Policy 2. 1: The County shall focus its industrial/business/technology/research expansion efforts on <br />attracting and expanding clean, small-scale light manufacturing and assembly industries and those <br />industries identified in County target industry studies, as applicable. <br />Polio: The county shall encourage the expansion of existing industries and attraction of new <br />industries that are within the target industries list (Policy 2.5) by offering the following county <br />adopted economic development incentives and assistance: <br />➢ Local Jobs Grant Program; <br />➢ Traffic, Water, and Sewer Impact Fee Financing; <br />➢ Utility Deposit Waivers; <br />➢ Expedited permitting; <br />➢ Maintenance of sufficient infrastructure capacity (roads, water, sewer); <br />➢ Provision of Industrial Revenue Bonds; <br />➢ Provision of job training through Indian River State College; <br />➢ Provision of workforce training incentives from CareerSource Research Coast; <br />➢ Assistance with federal or state grant applications (such as Community Development Block <br />Grants); <br />➢ State Qualified Target Industry Tax Refund Program; and <br />Policy 2.3: The county planning division shall track the number of jobs in target industries annually <br />and provide a report to the EDC. The report shall include, but not be limited to, the total number of <br />jobs by NAICS target industry category, the average wage by each NAICS target industry category, <br />the percent and numeric change from the prior year for both the total jobs and their average annual <br />wages. Annual data shall be provided for multiple years. <br />Policy 2.4: The Indian River County Chamber of Commerce and other economic development <br />groups designated by the Board of County Commissioners shall provide assistance, as needed, to <br />companies during the relocation process and report any actions taken_ to the Economic Development <br />Council at their regular meetings. <br />;Policy 2 55: The county, in coordination with the Indian River County Chamber of Commerce, shall;' <br />}establish a list of target industries and evaluate this list periodically in order to reflect the current; <br />economic needs of the county as well as the actual marketing results. Below, is the list of they <br />county's target industry clusters. For marketing purposes, the County, Indian River County Chamber, <br />of Commerce, and other economic development agencies representing the County may. use their' <br />Community Development Department Indian River County 44 <br />23 <br />