COUNTY OF ALBEMARLE
EXECUTIVE SUMMARY
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AGENDA TITLE: Economic Development Policy Update
SUBJECT/PROPOSAL/REQUEST: Adoption of a Resolution of Intent to update the Economic Development Policy in the Comprehensive Plan
STAFF CONTACT(S): Messrs. Tucker, Foley, Davis, Graham, and Ms. Stimart
LEGAL REVIEW: Yes |
AGENDA DATE: April 2, 2008
ACTION: INFORMATION:
CONSENT AGENDA: ACTION: X INFORMATION:
ATTACHMENTS: Yes
REVIEWED BY:
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BACKGROUND:
The Board held a work session on February 13, 2008 to review the Economic Development Policy in the Comprehensive Plan and to discuss findings and analysis from recently updated economic data. Three main issues emerged: 1) lack of light-industrial land; 2) workforce changes; and 3) diminishing productivity of the rural economy.
STRATEGIC PLAN:
Goal 1: Enhance the quality of life for all Albemarle County residents.
DISCUSSION:
The attached Resolution of Intent formally initiates the process to amend the Economic Development Policy in the Comprehensive Plan and provides direction to the Planning Commission to specifically address the three issues identified at the Board’s February 13, 2008 work session. To address the lack of light-industrial land and space, specific options were discussed such as limiting by-right uses in LI zoning, and adding land in the LI designation and zoning.
BUDGET IMPACT:
None.
Staff recommends that the Board adopt the attached Resolution of Intent to initiate the update of the Economic Development Policy in the Comprehensive Plan.
ATTACHMENTS