TITLE: Title
Presentation of the Draft Economic Sustainability Plan
PURPOSE: The purpose of this agenda item is to allow staff to present to the Board the work of the Economic Sustainability Commission's Plan.
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DEPARTMENT: Economic and Community Development
CONTACT INFORMATION: Annette Lafferty, AICP Economic and Community Development Director
INFORMATION: In May of 2015 the ECD Director presented an update of the economic development goals for the Town. In a resolution, the Board directed staff to work on developing a local first campaign and to begin the process of updating the Local Living Economy Task Force Recommendations (Attachment 1).
In June of 2015 the Board appointed a group of business leaders and the group set out to develop the Think Local Campaign. Out of that group the Carrboro Business Alliance was born and have been meeting, creating networking opportunities and collaborating on retail marketing campaigns since. The brand for this group is the Carrboro logo with the tagline Local Matters (Attachment 2).
The ESC was given the task to update the Local Living Economy Task Force Recommendations. They developed an outline that has been the basis for research and discussion and the following purpose statement;
"This document is intended to be an easy to understand set of values, guiding principles, and action items for the continued development and economic well-being of the Town. It is expected that the document will be reviewed and updated bi-annually as action items are addressed and values and guiding principles continue to evolve. Further studies related to this plan could include prioritizing, needs assessments, implementation strategies, funding options, and partnership opportunities for action items. The Economic Sustainability Plan seeks to be a guiding document for the Economic Sustainability Commission's review of applications for loans, zoning permits, ordinance amendments, development plans and other documents ...
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