COUNTY OF ALBEMARLE

 

EXECUTIVE SUMMARY

 

 

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:

 

 

 

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

 

 

RECOMMENDATIONS:

Staff recommends that the Board adopt the updated Economic Development Policy (Attachment B).

 

 

ATTACHMENTS

Attachment A Draft showing Changes to the Economic Development Policy

Attachment B Updated Economic Development Policy

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