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ECONOMIC DEVELOPMENT ELEMENT <br />Objective 1: Low Unem I�oyment Rate <br />Objective not achieved. <br />Revise target date and target <br />unemployment rate. <br />Revise policies 1.1, 1.4 and 1.9 to be <br />more specific. <br />Minor revisions to policies 1.2 and 1.8. <br />Delete policy 1.3 (added to Recreation <br />and Open Space Element). <br />4 new policies: <br />-new policies should reflect strategic <br />actions 1.1 through 1.4 of the <br />Economic Development Strategy Plan <br />(EDSP). <br />Objective not achieved. <br />Revise method of measurement. <br />Minor revisions to policies 2.1 and 2.2. <br />5 new policies:- <br />-new policies should reflect strategic <br />actions 2.1 through 2.5 of the EDSP. <br />Objective partially achieved <br />Delete and replace it with objective <br />which directly -relates to economic <br />development. <br />Revise polices 3.1, 3.6, 3.8 and 3.9 to <br />be more specific. <br />Minor revision to policy 3.7. <br />Delete policy 3.5 (vague policy). <br />No new policies <br />19 <br />November 12, 1996 <br />Objective achieved. <br />Move objective to transportation <br />element. <br />Minor revision to policy 4.3. <br />9 new policies: <br />-seven of the new policies should <br />reflect strategic actions 4.1 through 4.7 <br />of the EDSP. <br />-policy regarding commuter airlines. <br />-policy to encourage free trade zones. <br />Cannot determine whether the <br />objective is achieved. <br />Revise objective to be measurable. <br />Minor revision to policy 5.1. <br />No new policies. <br />Objective achieved. <br />Revise objective to reflect objective 3 <br />of EDSP. <br />Minor revisions to policy 6.1 and 6.4. <br />15 new policies: <br />-new policies should reflect strategic <br />actions 3.1-3.3, 3.6-3.13 and 3.17-3.26 <br />of EDSP. <br />Objective 7: I <br />Sa itary Sewer Facilities <br />Objective achieved. <br />Move objective to the Water and <br />Sanitary Sewer Sub -Element. <br />Revise policy 7.3 to be more specific. <br />No new policies. <br />®o®Ic 99 P n803 <br />Conditions at Time of <br />Adoption <br />Existing Conditions <br />Total Population <br />90,208 <br />100,261 <br />County Median Age <br />39.6 <br />44 <br />Indian River County Unemployment <br />9.80% <br />9.80% <br />Indian River County Average <br />Annual Employment <br />34,191 <br />34,800 <br />County Median Family Income <br />$33,569 <br />$37,700 <br />Cost of Living (State Ranking) <br />10th <br />11th <br />Percent below the poverty line <br />12.30%1 <br />8.70% <br /># of Tourists Visited the County <br />529,000 <br />593,600 <br />Objective 1: Low Unem I�oyment Rate <br />Objective not achieved. <br />Revise target date and target <br />unemployment rate. <br />Revise policies 1.1, 1.4 and 1.9 to be <br />more specific. <br />Minor revisions to policies 1.2 and 1.8. <br />Delete policy 1.3 (added to Recreation <br />and Open Space Element). <br />4 new policies: <br />-new policies should reflect strategic <br />actions 1.1 through 1.4 of the <br />Economic Development Strategy Plan <br />(EDSP). <br />Objective not achieved. <br />Revise method of measurement. <br />Minor revisions to policies 2.1 and 2.2. <br />5 new policies:- <br />-new policies should reflect strategic <br />actions 2.1 through 2.5 of the EDSP. <br />Objective partially achieved <br />Delete and replace it with objective <br />which directly -relates to economic <br />development. <br />Revise polices 3.1, 3.6, 3.8 and 3.9 to <br />be more specific. <br />Minor revision to policy 3.7. <br />Delete policy 3.5 (vague policy). <br />No new policies <br />19 <br />November 12, 1996 <br />Objective achieved. <br />Move objective to transportation <br />element. <br />Minor revision to policy 4.3. <br />9 new policies: <br />-seven of the new policies should <br />reflect strategic actions 4.1 through 4.7 <br />of the EDSP. <br />-policy regarding commuter airlines. <br />-policy to encourage free trade zones. <br />Cannot determine whether the <br />objective is achieved. <br />Revise objective to be measurable. <br />Minor revision to policy 5.1. <br />No new policies. <br />Objective achieved. <br />Revise objective to reflect objective 3 <br />of EDSP. <br />Minor revisions to policy 6.1 and 6.4. <br />15 new policies: <br />-new policies should reflect strategic <br />actions 3.1-3.3, 3.6-3.13 and 3.17-3.26 <br />of EDSP. <br />Objective 7: I <br />Sa itary Sewer Facilities <br />Objective achieved. <br />Move objective to the Water and <br />Sanitary Sewer Sub -Element. <br />Revise policy 7.3 to be more specific. <br />No new policies. <br />®o®Ic 99 P n803 <br />