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HomeMy WebLinkAboutAgenda - 11-22-2004-EDORANGE COUNTY BOARD OF COMMISSIONERS ACTION AGENDA ITEM ABSTRACT Meeting Date: November 22, 2004 Action Agenda Item No. SUBJECT: BOCC-Economic Development Commission Joint Dinner Meeting -EDC Strategic Plan DEPARTMENT: Economic Development PUBLIC HEARING: {YIN) Na ATTACHMENT{S): INFORMATION CONTACT: Draft Strategic Plan Dianne Reid, ext. 2326 TELEPHONE NUMBERS: Hillsborough 732-8181 Chapel Hill 968501 Durham 688-7331 Mebane 336-227-2031 PURPOSE: For Economic Development Commission Board, staff, and volunteers to present the draft Economic Development Commission five-year strategic plan, Investing in Innovation, and provide opportunity for Board input. BACKGROUND: At its annual board retreat in October 2002, the Orange County Economic Development Commission (EDC) decided to undertake a new strategic plan to guide the organization's work. The EDC examined existing plans and studies and conducted aweb- based survey on the local economy; these efforts formed background information far an Economic Development Summit, held January 7, 2004. Summit participants identified four key areas and formed work groups around each area. The attached draft summarizes the overall strategy and specific strategies developed Business Climate Infrastructure VVarkfarce Development by the work groups in the four key areas: Quality of Place Ta date, aver 120 county residents have contributed over 1300 volunteer hours to help craft this strategic vision for economic development in Orange County. The Economic Development Commission approved the draft at its October 14, 2004 meeting. FINANCIAL IMPACT: The purpose of the joint meeting is to elicit questions and comments from the Board of County Commissioners so there is no financial impact at this time. RECOMMENDATION(S): The Manager recommends that the Board review the draft plan and discuss any questions or concerns.