COUNTY OF ALBEMARLE

 

EXECUTIVE SUMMARY

 

 

AGENDA TITLE:

Economic Development Policy - Update

 

SUBJECT/PROPOSAL/REQUEST:

Board of Supervisor’s Work Session on the draft revisions to the Economic Development Policy, a component of the County’s Comprehensive Plan 

 

STAFF CONTACT(S):

Messrs. Tucker, Foley, Davis, Graham, Cilimberg, Benish, and Ms. Stimart

 

LEGAL REVIEW:   No

 

 

AGENDA DATE:

December 3, 2008

 

ACTION:     X          INFORMATION:   

 

CONSENT AGENDA:

  ACTION:              INFORMATION:   

 

ATTACHMENTS:   Yes

 

REVIEWED BY:


 

BACKGROUND:

In November 2007, staff submitted updated economic data to the Board of Supervisors and a work session was held on February 13, 2008. At that time staff indicated the overall policy was sound, and recommended minor improvements to strengthen policy language. The Board directed the Planning Commission to work with staff in updating the Economic Development Policy to address three key areas: 1) work force development, 2) light-industrial land availability, and 3) agricultural vitality. Staff worked with the Planning Commission in three separate work sessions and a public hearing, resulting in a recommendation to bring the draft changes to the Board for a work session held on November 5, 2008.

 

At the November 5th Board meeting, staff was directed to incorporate policy changes which are discussed below.

 

STRATEGIC PLAN:

Objective 1.3:  By June 30, 2010, the County will continue to maintain a strong and sustainable economy; increase the economic vitality of the County's development areas and increase the ability of those individuals and families, who are living in lower income households, to become self-sufficient.

 

DISCUSSION:

Staff has attached a revised Economic Development Policy draft that incorporates the Board’s comments from the November 5th work session.  Specifically, this draft:

·         Revises the introduction to call out the unique attributes of our university-based economy, see page 1;

·         Incorporates support for the Neighborhood Model form of development (see pages 1, 2, 4);

·         Recognizes UVA as a major driver of the local economy and the Federal Government’s Rivanna Station as a major employer (see page 2);

·         Adds a strategy for helping farmers locate leasable farm land (see page 3) ; and

·         Encourages proactive rezonings for Light-industrial uses and consider proffers that help create more light-industrial use opportunities (see page 4).

·         Modifies strategy to encourage that the three-party agreement between the City, the County and the University be expanded to include infill projects. (see page 3)

·         Incorporates regional transportation system development into several strategies under two objectives.(see pgs 4,5).

 

Finally, staff noted from the November 5th work session that some Board members may have an interest in considering additional substantive changes to the policy.  It is important to note that the Planning Commission limited its consideration of the Economic Development Policy to the three strategies that came from the Board’s February 2008 direction.   If the Board is interested in consideration of further substantive changes to the policy, staff believes it may be appropriate to send the draft policy back to the Planning Commission for consideration of those additional issues.  Staff believes the additional work sessions and public hearings needed to consider those additional issues would require a minimum of six months additional time.  

 

BUDGET IMPACT:

None.

 

RECOMMENDATIONS:

If the Board is satisfied with the changes as presented in the attached draft policy, staff recommends its approval. If the Board believes there are other major issues to consider, staff requests the Board enumerate those issues and provide guidance on how to proceed. 

 

ATTACHMENTS

A – Proposed Economic Development Policy with November 5th  Board Work Session Edits w/redline/strikeout

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