Download - Independent Economic Development Task Force Meeting #20 January 22, 2014 K. Gleasman 1/22/20141
Independent Economic Development Task
ForceMeeting #20
January 22, 2014
K. Gleasman
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Agenda1. Review and approve meeting notes from Mtg #192. Discussion with Dr. Patricia Mitchell,3. Other topics from task force4. Public Comment – Summarized Input5. Adjourn
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Review and approve meeting notes from Mtg #19
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Members Present: x Bradford x Gleasman x Harris q Higgins x Neumann x Watkins x WhitmireMembers Absent: q Bradford q Gleasman q Harris x Higgins q Neumann q Watkins q WhitmireOthers Present: Two members of the publicRecording Secretary:Karen GleasmanITEM DISCUSSION BEYOND SLIDE DECK ACTIONReview and approve Mtg Notes 18 ApprovedDiscuss questions to answer with Combined 21 questions into themes: funding & budget, what's different,
Jan 29 presentation business size and wages, other parts of recommendation, guarentees andwhy will this be successful, time req'd, preparing for new jobs,business friendly county, and keeping young Transylvanians here
Process for invitations D. Neumann to contact Brevard College BoardK. Gleasman to submit ad to Trisha HoganD. Bradford to submit ad to T. TimesK. Gleasman - personal invitation to
county/city/town offi cials
Review ad for T. Times - D. Bradford Edited and agreed on ad - thanks David! D. Bradford to submit ad to T. TimesB. Higgins to arrange for invoice to be paid
1/22 meeting with Pat Mitchell Location needs to be verified - will be at normal meeting location K. Gleasman to generate start of questions fordiscussion
Other topics from task force Need to invite commissioners, councils D. Bradford to do an ad for T. Times, and contact Daily Waterfall
No evidence of railbanking being overturned has been foundPublic comment through email when the railroad owned the corridor as it does in this case Email account open:
Transylvania CountyIndependent Economic Development Task Force
1/15/2014 Mtg 19
Introduction
Dr. Patricia Mitchell, CEcD
Assistant SecretaryRural Development DivisionNC Department of Commerce
301 N Wilmington Street4301 Mail Service CenterRaleigh, NC 27699-4301
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Questions to start the discussion
1. Tell us about which rural counties in NC have successfully turned around their economies. What were key factors to their success?
2. What are key barriers to success that can be overcome with concerted effort?3. What might a county like Transylvania, expect from the NC Rural Economic Development Center
assistance programs?4. What are the key decision criteria for receiving assistance from these programs?5. In addition to what we might ask for, what is the state doing to help rural counties like ours?....
sending leads our way? Providing incentives to businesses who are investing in rural NC?6. What would it take to get Transylvania closer to the top of your list of counties to assist?7. Describe the role of a successful economic development lead for a rural county.8. If we determine what kinds of businesses we want, how can we work with your department to
get qualified leads that meet our criteria?9. Why do you believe the re-organized Department of Commerce at the state level will be better
able to bolster local economic development efforts?
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Other topics from task force members
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Public Comment – process
• Please send public comment to:o email address: [email protected] or
• Or provide in writing prior to or after each meeting.• New email will be accessible to all task force members• Karen Gleasman will ensure written comments are passed on to all
task force members
No input received this week
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Adjourn
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Questions
1. What process did you use to get to the recommendation? 2. What large businesses will be targeted?3. When will we get back to Ecusta/Dupont era wages?4. Besides the new organization, what else is recommended?5. How much will this cost and how will it be funded?6. What will this organization actually do?7. If we do this, are new jobs guaranteed?8. What is different between today’s and recommended organization?
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Roadmap to complete 3 tasks
TASK #1 TASK #3Recommend TC EDO ID Target IndustriesOrg Structure Prelim Marketing Plan
Debate Pros/ConsAlternatives
Develop AlternativeStructures
Study J. Goldsmith Analyze Agency TASK #2EDO Construct Data Develop Mission/Vision
Brand for TC EDOModify J. Goldsmith Develop decisionEDO Approach criteria
Modify TC Assets Review AgencyChallenges Data
Review J. Goldsmith Collect Agency Prep for AgencyReport Data Data Collection
Have brainstormed list of 27 targeted industries
Reviewed and modified:TC AssetsTC ChallengesTargeted companies profileApproach to econ developmentBrandingMarketing
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9/11/2013
12/06/2013
Mission statements
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MissionCOC The Brevard/Transylvania Chamber of Commerce shall promote the economic well
being of the local business community and be a catalyst for the collaboration of businesses, local government, civic and community organizations in order to enhance the quality of life for its residents.
TP To promote diversified industries and mfg establishments within Transylvania County, rendering financial and/or other assistance, acquiring real or personal property as needed, to make contracts, serve as Certified Development Company under SBA, and to act in conjuction with TCED Commission for betterment of trade area of TC
EDAB Advisory board to county commissioners in developing and carrying out effective Economic Development Program
HOB Non-profit organization whose purpose is to maintain a vital downtown. Revitalization is done through design, economic restructuring, promotion, and organization
TDA commissioned by the Legislature and our Commissioners in 1986, to work on travel and tourism in our county
TCOPED Actively support a diverse mixture of existing and new businesses in order to retain and create new jobs, increase the tax base, and promote as
Brevard The mission of the City of Brevard is to promote a high quality of life, support economic prosperity, and cultivate community while honoring its heritage and culture.
Targeted completion date – after upgrade• Oct 23, 2013: propose process to analyze agency data• Oct 30, 2013: finalize process to analyze agency data (retreats?)• October 31, 2013: most all agency input received• November (with holidays): analyze data• December: propose/evaluate organization construct alternatives• End of January: Interim report to community – Brand, mission, vision,
brainstormed list of targeted businesses, and EDO construct(s) • Feb 12 – finalize org construct, brand, mission, vision • March – Select targeted businesses, develop initial marketing plan• March – Final report prepared/presented to community and commissioners
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Definition of Economic Development
“Economic development is a process by which a community creates, retains, and reinvests wealth, and improves the quality of life.”
David Dodson, MDC Inc, Chapel Hill, NC
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Targeted industry brainstormed list 10/9/2013
Goldsmith Industries
Industries Industries Industries Target Company Profile
Nutraceuticals Aerospace industry parts Cut & Sew Medical care recoveryRev range: $50K - $50M
Outdoor Recreation Equipment Composites 3D Printing
Number of employees: 1-150
Food and Beverage
Consider methods of mfg: e.g. precision maching, web based
Environmental industries, e.g. recycled matls -> t-shirts
Retention/expansion of current businesses
Automotive Parts Brevard College BRCCQuality of place is big draw
Sports, Health, and Wellness Bamboo CampsPotential for above average pay
Solo Worker Destination spa Medical equipment
Tourism Destination health club Labs e.g. biomedical
Research lab: e.g. farm/agri Build musical instruments
Food processing, e.g. apples More movies hereArtisanal agriculture, e.g. mustards, Do More bars Music recording studios
Expansion of TVS EventsParts/supplies for existing comp., e.g. cans for OSKAR BLUES Continuing careMore like Everett Farms, Busy Bee
NOT in conflict with quality of place
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