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HomeMy WebLinkAboutNovember 12, 2024 Minutes Approved ECONOMIC DEVELOPMENT ADVISORY BOARD November 12, 2024 Blue Hill Event Center- Executive Boardroom 200 South Elliot Road Chapel Hill, NC Minutes Members Present: Lisa Kaylie, Estella Johnson, John Kim, Tom Proctor, Kristen Young, Elise Tyler, Joy Mercer, Emilee Collins Members Not Present: Jane Saiers, Hasan Abdullah Orange County Staff: Steve Brantley, Amanda Garner, Lindsey Hirni Call to Order The meeting was called to order by Kristen Young at 11:35 a.m. Approval of Minutes A motion was made by Tom Proctor and seconded by Emilee Collins to approve the Minutes from the September 10,2024 meeting. The motion passed unanimously. New Business Our host, Lisa Kaylie, introduced herself as the executive director of The Blue Hill Event Center and explained what services and businesses they work with and support. She spoke about employment opportunities for both IDD adults (Intellectual and Developmental Disabilities) and support staff. Lindsey Hirni provided the 2025 calendar dates and requested any suggestions from members for meeting locations in Carrboro and Chapel Hill. Lindsey informed the board members that the Annual Report and Work Plan will need to be completed and submitted to the Clerk by January 17, 2025. Amanda Garner reminded the board that the Chair will present the Annual Report and Work Plan to the BOCC in early 2025. John Kim asked about the collaboration relationship our advisory board has with the Visitor Bureau's board: (One (1) member of the Economic Development Advisory Board, who serves as the representative of the hotel/hospitality sector seat, also sits as a liaison on the Orange County Visitors Bureau's advisory board. Steve Brantley said we are still needing a board member to volunteer to also sit both the Visitor's Bureau's advisory board. Amanda gave an update on the revised grant guidelines for both the Business and Ag Investment grant programs. She mentioned that our department has been tasked to report on the number of jobs and sales generated from these grant recipients for the County's Strategic Plan. John Kim asked what the Living Wage was and both Tom and Lisa agreed that flexibility for part-time workers should be considered in the grant program guidelines. Amanda also informed the committee about the"change of use"form if a grant recipient can't use the funds for their original project as well as the one-year additional expenditure report that will be required moving forward. Lisa asked about how we are reaching out to our minority small businesses and both Amanda and Steve explained that The Chamber has partnered with the County and Towns of Chapel Hill and Carrboro to hire a Business Success Navigator who will be focusing on this exact goal of helping minority business owners find the resources they need to be successful. Old Business Amanda explained that the objectives in the Vibrant& Diverse Economic section in the County's Strategic Plan has been revised and will be presented with our proposed performance measures to the Commissioners in early 2025. The performance measures are 1. "Expand the non-residential tax base by increasing the assessed value of real and personal property in areas of the county most feasible for industrial and commercial development by 20% over the five-year period ending June 2029. 2. 80% of Business Investment Grant recipients are still in business one year after receiving the grant and 95% of Agricultural Economic Development Grant Program recipients farms are still in operation one year after receiving the grant. Amanda mentioned our Economic Development Strategic Plan RFP Process. We received 11 proposals and Joy Mercer has been helping review all of those. The next step is interviewing the top 3 firms the week of November 191" and then we will move forward with the final firm by December 4th. The goal will be to launch and start engaging with the committee in early January. Director's Report: Steve provided an update on the commercial and industrial projects and international leads. Adjournment Kristen Young adjourned the meeting at 12:40 PM