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• Policy 7.2 calls for the Economic Development Division to complete an annual marketing plan. This plan will identify the specific marketing activities that will be undertaken by the . Economic Development Division in the upcoming fiscal year. Consistent with revised policy 7.2, the Economic Development Division will be required to present its marketing plan to the EDC and have the EDC approve that plan prior to the Economic Development Division submitting a request for funds to the Board of County Commissioners. Other policies have been revised to better define the actions required of the county. For instance, policy 2.4 has been revised to identify the type of assistance that county staff will provide to private industrial park developers who are attempting to establish industrial parks in Indian River County. Policy 2.6, which lists the county's targeted industries, has been revised to expand that list of targeted industries. The list has been expanded, based on the recommendation of the EDC, to include any clean fight industries that have average annual wages which are above the county -wide average annual wage. Policies such as 1. 12, 3.5, and 7.4, which call for actions that are duplications of other policies, have been recommended for deletion. Other policies recommended for deletion include policy 1.6, which called for the county to target industries whose seasons complement the seasons of the citrus industry and tourist industry. Staff and the EDC have been unable to identify any such industries, and the EDC indicated that the county should be targeting industries that create full-time employment. For those reasons. policy 1.6 is being recommended for deletion. Following are the recommended changes for the Economic Development Element's policies. Lander each policy is a proposed action to revise or delete that policy. For policies that are being recommended for revision, a revised policy is presented. Pol'_c; I _1 The county shall utilize existing industries as a magnet to attract new industries. including support businesses for industries located in Indian River and surrounding counties. Proposed Action: DELETE POLICY Policy 1.2 will be combined with policy 1.5. Poi -.I: The county shall promote the growth of industries listed in SIC code 20 through 39 industries targeted by the county which provide skilled and semi -skilled jobs that pay higher average wages. Proposed Action: REVISE POLICY The Economic Development Division of the Indian River County Chamber of Commerce shall promote the growth of industries listed in SIC codes 20 through 39 and industries targeted by the county which provide skilled and semi -skilled jobs that pay higher than average wages. The Economic Development Division shall determine the methods to be used to promote the growth o those industries and identify these methods in its annual marketing plan. The results will be presented to the Economic Development Council on a quarterly basis. Pnficy 1-5: The county shall on a bi-annual basis support the Indian River County Chamber of Commence in surveying targeted businesses having more than ten employees. The purpose of the survey is to identify opportunities and problems associated with businesses, to identify businesses willing to expand, and to identify businesses considering relocation. The county's contribution shall involve financial support. The Chamber of Commerce shall provide a report to the Economic Develovment Council on an annual basis, detailing the results of the survey. SEPTEMBER 289 1999 511! •