COUNTY OF ALBEMARLE
EXECUTIVE SUMMARY
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AGENDA TITLE: CPA-2008-0004 Economic Development Policy - Update
SUBJECT/PROPOSAL/REQUEST: Adoption of the updated Economic Development Policy
STAFF CONTACT(S): Messrs. Tucker, Foley, Davis, Graham, Benish, and Ms. Stimart
LEGAL REVIEW: Yes |
AGENDA DATE: March 4, 2009
ACTION: INFORMATION:
CONSENT AGENDA: ACTION: X INFORMATION:
ATTACHMENTS: YES
REVIEWED BY:
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BACKGROUND:
The Board held a public hearing on the proposed Economic Development Policy update on February 11, 2009. The Board requested edits to the proposed updated policy and deferred action to March 4, 2009
STRATEGIC PLAN:
Objective 1.3 - Economic Vitality – 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:
The edits requested at the February 11 meeting are highlighted in yellow and shown in Attachment A.
BUDGET IMPACT:
None
Staff recommends that the Board adopt the updated Economic Development Policy (Attachment B).
ATTACHMENTS
Attachment A – Draft showing Changes to the Economic Development Policy