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14.E. COMMISSIONER TIMZORC NONE 14.E.1. CONSIDERATION OF COMMISSIONER ZORC'S PROPOSED ECONOMIC DEVELOPMENT INITIATIVES This Item was moved from 12.A.1. Commissioner Zorc used a PowerPoint presentation (on file) to outline his list of economic development initiatives for the Board to consider. He categorized, spoke to the benefits, and summarized the actions for each of the following initiatives: (1) establish a Foreign Trade Zone area in the County; (2) expand the Enterprise Zone to add industrial areas; (3) join a regional "open for business" program; (4) increase building height at SR60/I-95 (Industrial Area); (5) increase commercial nodes along SR 60 (43`d Avenue to 74th Avenue); (6) modify impact fees to add more commercial use categories and establish an Impact Fee Hearing Board; (7) expand fiber optic and natural gas; (8) modify Economic Development Council (EDC) membership composition; (9) expand the GoLine Bus System to serve businesses; (10) attract businesses that are counter -cyclical to the citrus industry; (11) evaluate the function of the EDC; and (12) evaluate opportunities to use the EB -5 (Immigrant Investor program). Helene Caseltine, Economic Development Director for the Indian River County Chamber of Commerce, and Enterprise Coordinator, explained the benefits for establishing a Foreign Trade Zone designation, spoke about port custom facilities, radius requirements, and Foreign Trade Zone law. A lengthy discussion ensued as the Board discussed several aspects of the proposed initiatives. Scott Stradley, Economic Development Council (EDC) Representative, supported the 18 -month moratorium on Impact Fees, and said he was looking forward to seeing staff's report on how the counties around us are doing their economic development. He also talked about the Chamber of Commerce's budget and the monies that are raised through the Economic May 21, 2013 18 BM 143 PG 868