Post on 15-Jan-2016
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Alachua County Alachua County Economic DevelopmentEconomic Development
Background and VisionBackground and Vision
Tuesday, February 15, 2005Tuesday, February 15, 2005
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Why Economic Development?Why Economic Development?
Cities and Counties across the country Cities and Counties across the country recognize economic development is a recognize economic development is a legitimate role of local government. legitimate role of local government.
A healthy economy provides the tax base A healthy economy provides the tax base necessary to provide long-term funding of necessary to provide long-term funding of public infrastructure and servicespublic infrastructure and services
Generates jobs necessary to alleviate Generates jobs necessary to alleviate poverty and provide opportunities for poverty and provide opportunities for citizenscitizens
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Principle Tax Base ProblemPrinciple Tax Base Problem
Every review of Every review of Alachua County in Alachua County in recent decades has recent decades has recognized the recognized the structural problem structural problem of having too much of having too much property off the Ad property off the Ad Valorum tax rolls.Valorum tax rolls.
Percent of Property On/Off the Tax Rolls
Percentage of Property Off the Tax Rolls
Percentage of Property On the Tax Rolls
54 % ON
46% OFF
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Economic DevelopmentEconomic Development
When discussing economic When discussing economic development, it should be noted that development, it should be noted that economic systems are very similar to economic systems are very similar to ecological systems. ecological systems.
They both require growth, regeneration They both require growth, regeneration and diversity in order to be sustainable. and diversity in order to be sustainable.
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Economic Development CycleEconomic Development Cycle
Grow
Recruit
Retain
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Background: Background: Comprehensive PlanComprehensive Plan
Both the County’s Economic Element of the Both the County’s Economic Element of the County’s Comprehensive Plan and the County’s Comprehensive Plan and the Sustainable Economic Development Plan Sustainable Economic Development Plan recognize that there are four key elements to recognize that there are four key elements to Business Development in Alachua CountyBusiness Development in Alachua County
Capital ProjectsCapital Projects Business Expansion Business Expansion Business Start-UpsBusiness Start-Ups Job TrainingJob Training
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Background: Economic Element Background: Economic Element of the Comprehensive Planof the Comprehensive Plan
Policy 1.1.9Policy 1.1.9 – – Alachua County recognizes Research and Alachua County recognizes Research and Technology Parks as valuable economic Technology Parks as valuable economic assets…. Development of such parks…assets…. Development of such parks…shall be given high priority. shall be given high priority.
Policy 1.1.12Policy 1.1.12 – Alachua County shall promote methods of – Alachua County shall promote methods of financing infrastructure and public services financing infrastructure and public services that will minimize cost to current and future that will minimize cost to current and future tax payers. tax payers.
Policy. 1.3.2Policy. 1.3.2 – – Alachua County shall encourage the Alachua County shall encourage the development and expansion of business development and expansion of business and industry in appropriate locations that and industry in appropriate locations that make efficient use of existing public make efficient use of existing public services and infrastructureservices and infrastructure
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Background: Economic Element Background: Economic Element of the Comprehensive Planof the Comprehensive Plan
Policy 1.4.3Policy 1.4.3 – – Alachua County shall support and encourage Alachua County shall support and encourage the development of public/private partnerships the development of public/private partnerships which assist small and minority businesses that which assist small and minority businesses that may otherwise not have access to adequate may otherwise not have access to adequate start up capital. start up capital.
Policy 1.4.4 Policy 1.4.4 – – The County shall create incentives for the The County shall create incentives for the development or redevelopment of specific development or redevelopment of specific economically distressed areas by sharing or economically distressed areas by sharing or incurring the cost of extending essential incurring the cost of extending essential infrastructure to those areas. infrastructure to those areas.
Policy 1.4.7 Policy 1.4.7 – – Alachua County shall support the development Alachua County shall support the development of micro-enterprises and small businesses of micro-enterprises and small businesses
Policy 1.4.8Policy 1.4.8 – – Alachua County shall support existing Alachua County shall support existing businesses and encourage new business businesses and encourage new business development in economically distressed areas. development in economically distressed areas.
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Background: Background: Current EffortsCurrent Efforts
Many different agencies and organizations are Many different agencies and organizations are working on Economic Development in various working on Economic Development in various areas of the County. Therefore, our current areas of the County. Therefore, our current efforts tend to be fragmented and not efforts tend to be fragmented and not cohesive. cohesive.
With common goals and coordinated efforts our With common goals and coordinated efforts our local economic development endeavors could local economic development endeavors could be much more productive and effective. be much more productive and effective.
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Background: Partnerships Background: Partnerships and Progressand Progress
Many area groups engaged in Economic Many area groups engaged in Economic Development efforts including:Development efforts including:
• Alachua County Alachua County • City of Gainesville City of Gainesville • Chamber of Commerce Chamber of Commerce • Regional Planning CouncilRegional Planning Council• MunicipalitiesMunicipalities• East Gainesville Dev. Corp.East Gainesville Dev. Corp.• Sm. Business Dev. Ctr. Sm. Business Dev. Ctr. • Workforce BoardWorkforce Board
• University of FloridaUniversity of Florida• Santa Fe Comm. College Santa Fe Comm. College • School BoardSchool Board• Front Porch Florida Front Porch Florida • Faith Based OrganizationsFaith Based Organizations• Econ. Dev. Adv. Comm.Econ. Dev. Adv. Comm.• Healthy Comm. Initiative Healthy Comm. Initiative
… … and moreand more
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Background: Current Background: Current Countywide EffortsCountywide Efforts
Business Park Development (County)Business Park Development (County) Implementation of Plan East Gainesville Implementation of Plan East Gainesville
including the CRA (County/City of including the CRA (County/City of Gainesville)Gainesville)
Fairgrounds Relocation (County)Fairgrounds Relocation (County) GTEC Collaboration to Commercialize GTEC Collaboration to Commercialize
Technology (County/City of Technology (County/City of Gainesville/Chamber)Gainesville/Chamber)
Job Training (Workforce Board)Job Training (Workforce Board)
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Alachua County Alachua County Current FundingCurrent Funding
Amount Budgeted ForOnetime
AllocationRecurring
Stream
$250,000 Economic Economic DevelopmentDevelopment XX
$100,000 Economic Economic DevelopmentDevelopment XX
$50,000 Entrepreneurial Charter School X*X*
$400,000 Total* - Recurs for 2 more years at $25,000
$400,000 represents 0.42% of the Fiscal Year 04/05 Adopted General Fund Budget
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City of Gainesville City of Gainesville Current EffortsCurrent Efforts
Implementation of Plan East Gainesville Implementation of Plan East Gainesville including the CRA (County/City of including the CRA (County/City of Gainesville)Gainesville)
GTEC Collaboration to Commercialize GTEC Collaboration to Commercialize Technology (County/City of Technology (County/City of Gainesville/Chamber)Gainesville/Chamber)
Recruiting Businesses for Airport Business Recruiting Businesses for Airport Business Park (City of Gainesville)Park (City of Gainesville)
Land Assembly around the GTEC Center Land Assembly around the GTEC Center (City of Gainesville) (City of Gainesville)
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City of Gainesville Enterprise City of Gainesville Enterprise Zone Development Agency Zone Development Agency
Current EffortsCurrent Efforts
Working to revitalize the enterprise zoneWorking to revitalize the enterprise zone Reviews applications for incentives in the Reviews applications for incentives in the
ZoneZone Completed a study on land development in Completed a study on land development in
the zone the zone
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City of Gainesville Enterprise City of Gainesville Enterprise Zone Development Agency Zone Development Agency
Current EffortsCurrent Efforts
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City of Gainesville City of Gainesville Community Redevelopment Community Redevelopment
Agency Current EffortsAgency Current Efforts Is working to redevelop four areas within the Is working to redevelop four areas within the
City of Gainesville:City of Gainesville:
1.1. Downtown Redevelopment Districts Downtown Redevelopment Districts
2.2. Eastside Redevelopment DistrictEastside Redevelopment District
3.3. Fifth Avenue/Pleasant Street DistrictFifth Avenue/Pleasant Street District
4.4. College Park/University HeightsCollege Park/University Heights
Development is funded by Tax Increment Financing (TIF)Development is funded by Tax Increment Financing (TIF)
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City of Gainesville City of Gainesville Current FundingCurrent Funding
Amount Budgeted ForOnetime
AllocationRecurring
Stream
$299,500 GTEC XX
$219,061 Administration XX
$39,000 Airport Industrial Park Contamination Clean-Up XX
$25,000 Entrepreneurial Charter School X*X*
$582,561 Total* - Recurs for 3 more years at $25,000
$582,561 represents 0.70% of the Fiscal Year 04/05 Adopted General Fund Budget
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Chamber of Commerce’s Chamber of Commerce’s Gainesville Council for Economic Gainesville Council for Economic
Outreach Current EffortsOutreach Current Efforts3 Strategies for Economic Development3 Strategies for Economic Development
1)1) Attraction:Attraction:a)a) Nordstrom, Dollar General, Wal-Mart distribution centersNordstrom, Dollar General, Wal-Mart distribution centersb)b) Eclipse Aviation maintenance facilityEclipse Aviation maintenance facilityc)c) Currently working more than 15 active projectsCurrently working more than 15 active projects
2)2) Expansion:Expansion:a)a) Nationwide, Exactech, MRI Devices, Regeneration Nationwide, Exactech, MRI Devices, Regeneration
TechnologiesTechnologiesb)b) More than $125,000 obtained for incumbent worker training at More than $125,000 obtained for incumbent worker training at
local businesseslocal businessesc)c) Currently working a local project to add 300 jobsCurrently working a local project to add 300 jobs
3)3) Start-up:Start-up:a)a) Management entity for Gainesville Technology Enterprise Management entity for Gainesville Technology Enterprise
Center (GTEC)Center (GTEC)b)b) 10 resident companies at various stages of development10 resident companies at various stages of development
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North Central Florida Regional North Central Florida Regional Planning CouncilPlanning Council
Current EffortsCurrent Efforts Works to diversify the economy of the 11 County Works to diversify the economy of the 11 County
North Central Florida Region.North Central Florida Region. Serves as a forum for the coordination of Serves as a forum for the coordination of
federal/state/local government and private sector federal/state/local government and private sector planningplanning
Promote environmentally responsible tourism Promote environmentally responsible tourism through out the regionthrough out the region
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University of Florida University of Florida Sid Martin Biotechnology Sid Martin Biotechnology Incubator: Current EffortsIncubator: Current Efforts
Florida’s Sid Martin Biotechnology Incubator is one Florida’s Sid Martin Biotechnology Incubator is one of top incubators in the United States. They've of top incubators in the United States. They've recently had several program "firsts":recently had several program "firsts":
1st company to list on the American Stock Exchange 1st company to list on the American Stock Exchange (AMEX) (AMEX)
1st product cleared by Food and Drug Administration for 1st product cleared by Food and Drug Administration for human clinical trialshuman clinical trials
1st graduate company to build lab/office space1st graduate company to build lab/office space 1st large corporate collaboration (Genzyme)1st large corporate collaboration (Genzyme) 1st large equity investment in incubator company – 1st large equity investment in incubator company –
$15.2 million $15.2 million
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Santa Fe Community College Santa Fe Community College Current EffortsCurrent Efforts
Santa Fe Community College East Gainesville Initiative seeks Santa Fe Community College East Gainesville Initiative seeks to play a leading role in the development of East Gainesville. to play a leading role in the development of East Gainesville.
Some of the initiative’s efforts are:Some of the initiative’s efforts are: Pre-school and adult literacy programsPre-school and adult literacy programs FRED (Fathers Reading Every Day) programsFRED (Fathers Reading Every Day) programs FCAT assistance in middle and high schoolsFCAT assistance in middle and high schools Partnership with Three Rivers Legal Services to provide Partnership with Three Rivers Legal Services to provide
Parent EmpowermentParent Empowerment Adult Education and GED preparationAdult Education and GED preparation Community Wide Financial Literacy TrainingCommunity Wide Financial Literacy Training 21st Century Computer initiative with local Faith Based 21st Century Computer initiative with local Faith Based
OrganizationsOrganizations
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East Gainesville Development East Gainesville Development Corporation Current EffortsCorporation Current Efforts
Received two Florida Department of Received two Florida Department of Education Literacy GrantsEducation Literacy Grants
Comprehensive Family Literacy ($75,000)Comprehensive Family Literacy ($75,000) Family Computer Literacy ($50,000)Family Computer Literacy ($50,000) Received a Micro-Loan grant of $74,500 to Received a Micro-Loan grant of $74,500 to
assist small Businesses in the Front Porch assist small Businesses in the Front Porch areaarea
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Front PorchFront PorchCurrent EffortsCurrent Efforts
The Duval Heights area Front Porch Community is engaged in many Efforts to transform the Community including: • Youth/Education – Address the need for increased services and educational instruction.• Crime and Neighborhood Security – Reduce crime throughout the Northeast/Duval Neighborhood Area.• Human Services and Neighborhood Organization – Improve the services available to elderly residents and residents needing home repairs, resources and other basic needs.
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Front Porch Front Porch Current EffortsCurrent Efforts
The Duval Heights area Front Porch Community is engaged in many Efforts to transform the Community including: • Economic Development – To focus on efforts on the provision of incentives, auxiliary services and economic infrastructure to attract business in the neighborhood.• Beautification – To focus on neighborhood beautification efforts and encouragement to residents.• Quality of Life – Aid in improving the overall quality of life for the residents by adding value to the community.
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Local Economic Development Local Economic Development Current FundingCurrent Funding
Agency
Fiscal Year 2004/2005 Approved
General Fund Budget
Economic Development
Budget
Current Economic
Development Percentage of General Fund
Alachua County
$96,070,624$96,070,624 $400,000 $400,000 0.42%0.42%
City of Gainesville
$82,775,647$82,775,647 $582,561 $582,561 0.70%0.70%
Totals $178,846,271$178,846,271 $982,561 $982,561 0.55%0.55%
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County Perspective County Perspective on Future Effortson Future Efforts
Alachua County is focusing on:Alachua County is focusing on: Implementing Plan East GainesvilleImplementing Plan East Gainesville Long-Term Commitments to Capital Long-Term Commitments to Capital
Projects (multi-year efforts)Projects (multi-year efforts) Activity Center/Redevelopment PlansActivity Center/Redevelopment Plans Poverty Reduction/Entrepreneurial Charter Poverty Reduction/Entrepreneurial Charter
SchoolSchool Community Redevelopment Agency Community Redevelopment Agency Collaboration with small cities Collaboration with small cities
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Economic DevelopmentEconomic Development
To foster economic development at the To foster economic development at the desirable level:desirable level:
Additional public investment in Additional public investment in infrastructure and capital projectsinfrastructure and capital projects
New initiatives for job creation and job New initiatives for job creation and job trainingtraining
Greater collaboration with partnersGreater collaboration with partners Leveraging private sector investmentsLeveraging private sector investments
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Public/Private Public/Private PartnershipsPartnerships
Phases of Poverty Reduction Phases of Poverty Reduction Through Economic DevelopmentThrough Economic Development
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Public/Private Public/Private PartnershipsPartnerships
Phase I of Poverty Reduction Phase I of Poverty Reduction Through Economic Development:Through Economic Development:
The Entrepreneurial Charter School The Entrepreneurial Charter School ModelModel
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Building on SuccessBuilding on Success
The Entrepreneurial Charter School The Entrepreneurial Charter School Model is the first phase of a Model is the first phase of a comprehensive collaborative economic comprehensive collaborative economic development strategy for Alachua development strategy for Alachua County. County.
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ENTREPRENEURIAL ENTREPRENEURIAL CHARTER SCHOOLCHARTER SCHOOL
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POVERTY REDUCTION
Thinking
OUTSIDE
the box
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School Board of Alachua School Board of Alachua CountyCounty
Alachua County Govt.Alachua County Govt. City of Gainesville Govt.City of Gainesville Govt. Santa Fe Community Santa Fe Community
CollegeCollege University of FloridaUniversity of Florida Chamber of CommerceChamber of Commerce Private SectorPrivate Sector GTECGTEC Business Service Orgs.Business Service Orgs. Action NetworkAction Network City CollegeCity College
PartnersPartners
Alachua/Bradford Regional Alachua/Bradford Regional Workforce BoardWorkforce Board
Univ. No. Fla. Small Univ. No. Fla. Small Business Development Ctr.Business Development Ctr.
Faith-Based OrganizationsFaith-Based Organizations United Gville Dev. Corp.United Gville Dev. Corp. SCORESCORE Trade UnionsTrade Unions Webster CollegeWebster College Alachua Regional Juvenile Alachua Regional Juvenile
Assessment Ctr. Adv. BoardAssessment Ctr. Adv. Board United Gville Dev. Corp.United Gville Dev. Corp. Lending InstitutionsLending Institutions
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CommunityCommunity:: Development of home-grown business leadersDevelopment of home-grown business leaders Reduction in welfare dollars spentReduction in welfare dollars spent Reduction in juvenile crime and associated costsReduction in juvenile crime and associated costs
Participating YouthParticipating Youth:: Learn a meaningful professionLearn a meaningful profession Better prepared for the career worldBetter prepared for the career world
Increased sense of value within the communityIncreased sense of value within the community
Increased self-esteem, independence and self-worthIncreased self-esteem, independence and self-worth
Entrepreneurial Charter SchoolEntrepreneurial Charter SchoolBenefitsBenefits
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Decrease in criminal justice system costsDecrease in criminal justice system costs Reduction in high school drop-out ratesReduction in high school drop-out rates Reduction in poverty levelsReduction in poverty levels Intergovernmental & community collaborationIntergovernmental & community collaboration Decrease in births to women under 18Decrease in births to women under 18 Improved socio-economic environment for the Improved socio-economic environment for the
citizens of Alachua Countycitizens of Alachua County HOPE for the futureHOPE for the future
ECS: Target OutcomesECS: Target Outcomes
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OpportunitiesOpportunitiesHigh school graduationHigh school graduationCertification in a professionCertification in a profession$100,000 Small Business $100,000 Small Business
LoanLoan
Entrepreneurial Entrepreneurial Charter SchoolCharter School
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Public/Private Public/Private PartnershipsPartnerships
Phase II of Phase II of Poverty Reduction Through Poverty Reduction Through
Economic Development:Economic Development:
Countywide 2020 Vision of Countywide 2020 Vision of Economic DevelopmentEconomic Development
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Background: Strategic Plan for Background: Strategic Plan for Sustainable Economic Sustainable Economic
DevelopmentDevelopment
Enhance strategies and monitor results of Enhance strategies and monitor results of anti-poverty educational, training and anti-poverty educational, training and placement programs…. (I.D)placement programs…. (I.D)
Enable Alachua County to become a leader Enable Alachua County to become a leader in the development and expansion of in the development and expansion of businesses in the technology and businesses in the technology and telecommunications sectors, known as the telecommunications sectors, known as the “New Economy.” (II.A)“New Economy.” (II.A)
Develop Business Parks (Employment Develop Business Parks (Employment Centers) integrated with residential and Centers) integrated with residential and retail development where feasible (II.E)retail development where feasible (II.E)
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Background: Strategic Plan for Background: Strategic Plan for Sustainable Economic Sustainable Economic
DevelopmentDevelopment
Encourage development, expansion Encourage development, expansion retention of local business as well as retention of local business as well as opportunities for recruitment and relocation opportunities for recruitment and relocation of future businesses (III.A) of future businesses (III.A)
Target economic development efforts in Target economic development efforts in specific areas that increase diversity and specific areas that increase diversity and opportunity of employment, while opportunity of employment, while supporting and expanding existing assets supporting and expanding existing assets (III.B)(III.B)
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Public/Private PartnershipsPublic/Private PartnershipsPhase II Proposed Economic Phase II Proposed Economic
Development StructureDevelopment StructureCouncil on Economic Development
Economic Development Executive Board
Director of Economic Development
Subcommittee onCapital Projects
Subcommittee onBusiness Expansion
Subcommittee onStart-Ups
Subcommittee onJob Training
The Subcommittees shall meet quarterly as the
Countywide Economic Development Advisory Board.
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Council on Economic Development
Gainesville City Commission
Alachua County Board of County Commissioners
Overview of the Council on Economic Development:
• Be comprised of the City and County Commissions sitting jointly in the same style as the Metropolitan Transportation Planning Organization (MTPO).
• Retain all decision making power over Joint Economic Development Planning (e.g. budgeting, fiscal decisions, policy making, planning, project selection, personnel).
• Receive and act on recommendations from Executive Board and Countywide Economic Development Advisory Board.
Public/Private Partnerships Phase II Public/Private Partnerships Phase II Proposed Economic Development StructureProposed Economic Development Structure
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Council on Economic Development
Economic Development Executive Board
Director of Economic Development
Subcommittee onCapital Projects
Subcommittee onBusiness Expansion
Subcommittee onStart-Ups
Subcommittee onJob Training
Public/Private Partnerships Phase II Public/Private Partnerships Phase II Proposed Economic Development StructureProposed Economic Development Structure
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Council on Economic Development
Director of Economic Development
Overview of the Director of Economic Development: • Report directly to the Council on Economic Development.• Remain an employee of the City of Gainesville and be equally funded by the City and County Commissions• Coordinate all economic development activities as directed by the Council on Economic Development. • Work with all groups to build consensus and foster coordination on all economic development activities.• Encourage economic development and present a coordinated image to our community and beyond
Public/Private Partnerships Phase II Public/Private Partnerships Phase II Proposed Economic Development Proposed Economic Development
StructureStructure
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Public/Private Partnerships Phase II Public/Private Partnerships Phase II Proposed Economic Development Proposed Economic Development
StructureStructure
Council on Economic Development
Economic Development Executive Board
Director of Economic Development
Subcommittee onCapital Projects
Subcommittee onBusiness Expansion
Subcommittee onStart-Ups
Subcommittee onJob Training
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Santa Fe Community
College
CountyCommissioner
(2)
SustainableAlachua County
Chamber of Commerce
League ofCities
Gainesville CityCommissioner
(3)
School Board of Alachua
County
University ofFlorida
Economic Development
Executive Board
Public/Private Partnerships Phase II Public/Private Partnerships Phase II Proposed Economic Development Proposed Economic Development
StructureStructure
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Santa Fe Community
College
CountyCommissioner
(2)
SustainableAlachua County Chamber of
Commerce
League ofCities
Gainesville CityCommissioner
(3)
School Board of Alachua
County
University ofFlorida
Economic Development
Executive Board
The Economic Development Executive BoardEconomic Development Executive Board will be comprised of:
2 County Commissioners 3 Gainesville City Commissioners President of the University of Florida or a designee President of Santa Fe Community College or a designee Chair of the School Board of Alachua County or a
designee Chair of the Alachua County
League of Cities or a designee President of the Chamber of
the Commerce or a designee President of Sustainable
Alachua County or a designee
Public/Private Partnerships Phase II Public/Private Partnerships Phase II Proposed Economic Development Proposed Economic Development
StructureStructure
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Overview of the Economic Development Economic Development Executive BoardExecutive Board: • Hear recommendations and proposals related to economic development on matters of funding levels, project selection, policy and all other appropriate matters • Upon receipt of recommendations the Board will either forward the recommendation to the Council or refer the item back to committee.• As well as develop criteria for the subcommittees
Public/Private Partnerships Public/Private Partnerships Phase II Proposed Economic Phase II Proposed Economic
Development StructureDevelopment Structure
Santa Fe Community
College
CountyCommissioner
(2)
SustainableAlachua County Chamber of
Commerce
League ofCities
Gainesville CityCommissioner
(3)
School Board of Alachua
County
University ofFlorida
Economic Development
Executive Board
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Council on Economic Development
Economic Development Executive Board
Director of Economic Development
Subcommittee onCapital Projects
Subcommittee onBusiness Expansion
Subcommittee onStart-Ups
Subcommittee onJob Training
Public/Private Partnerships Phase II Public/Private Partnerships Phase II Proposed Economic Development Proposed Economic Development
StructureStructure
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Economic Development Executive Board
Subcommittee onCapital Projects
Subcommittee onBusiness Expansion
Subcommittee onStart-Ups
Subcommittee onJob Training
Public/Private Partnerships Phase II Public/Private Partnerships Phase II Proposed Economic Development Proposed Economic Development
StructureStructure
Subcommittee on Capital Projects will work to implement Comprehensive and Strategic Plans such as: • Section II.E – Develop Business Parks (Employment Centers) integrated with residential and retail development where feasible• Policy 1.1.9 – Alachua County recognizes Research and Technology Parks as valuable economic assets…. Development of such parks…shall be given high priority. • Policy 1.1.12 – Alachua County shall promote methods of financing infrastructure and public services that will minimize cost to current and future tax payers. • Policy 1.4.4 – The County shall create incentives for the development or redevelopment of specific economically distressed areas by sharing or incurring the cost of extending essential infrastructure to those areas.
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Economic Development Executive Board
Subcommittee onCapital Projects
Subcommittee onBusiness Expansion
Subcommittee onStart-Ups
Subcommittee onJob Training
Public/Private Partnerships Phase II Public/Private Partnerships Phase II Proposed Economic Development Proposed Economic Development
StructureStructure
Overview of the Subcommittee on Capital Projects: • Working with Executive Board and other entities to identify projects that meet the goals of the Comprehensive and Strategic Plans• Working to develop capital projects that stimulate business growth• Targeting areas such as Enterprise Zones, Business Parks, CRA and other previously agreed to locations• Creating jobs that pay a Livable Wage & Benefits• Ensuring Capital Projects must remain here over the life of the capitalization of the loan
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Economic Development Executive Board
Subcommittee onCapital Projects
Subcommittee onBusiness Expansion
Subcommittee onStart-Ups
Subcommittee onJob Training
Public/Private Partnerships Phase II Public/Private Partnerships Phase II Proposed Economic Development Proposed Economic Development
StructureStructure
Subcommittee on Business Expansion will work to implement Comprehensive and Strategic Plans such as: • Section III.A – Encourage development, expansion retention of local business as well as opportunities for recruitment and relocation of future businesses• Section II.A – Enable Alachua County to become a leader in the development and expansion of businesses in the technology and telecommunications sectors, known as the “New Economy.”• Policy 1.3.2 – Alachua County shall encourage the development and expansion of business and industry in appropriate locations that make efficient use of existing public services and infrastructure
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Economic Development Executive Board
Subcommittee onCapital Projects
Subcommittee onBusiness Expansion
Subcommittee onStart-Ups
Subcommittee onJob Training
Public/Private Partnerships Phase II Public/Private Partnerships Phase II Proposed Economic Development Proposed Economic Development
StructureStructure
Overview of the Subcommittee on Business Expansion: • Develop educational requirements and criteria in cooperation with SFCC on curriculum, to include topics such as Business Expansion Planning and Marketing Planning (Websites, etc.). • Applicant will be paired with a Mentor• Work with lending institutions on Small Business Administration 107 Loan Program criteria
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Economic Development Executive Board
Subcommittee onCapital Projects
Subcommittee onBusiness Expansion
Subcommittee onStart-Ups
Subcommittee onJob Training
Public/Private Partnerships Phase II Public/Private Partnerships Phase II Proposed Economic Development Proposed Economic Development
StructureStructure
Overview of the Subcommittee on Business Expansion: • A maximum loan per applicant will be $50,000 as a 10% match on a maximum $500,000 loan through the Small Business Administration 107 Loan Program (i.e. ECSM) • Applicants can earn loan credits by hiring a student or individual in targeted areas or mentoring in the Entrepreneurial Charter School• Subcommittee will determine other criteria for Council approval
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Economic Development Executive Board
Subcommittee onCapital Projects
Subcommittee onBusiness Expansion
Subcommittee onStart-Ups
Subcommittee onJob Training
Public/Private Partnerships Phase II Public/Private Partnerships Phase II Proposed Economic Development Proposed Economic Development
StructureStructure
Subcommittee on Start-Ups will work to implement Comprehensive and Strategic Plans such as: • Section II.G – Support home-based and neighborhood businesses• Policy 1.4.8 – Alachua County shall support existing businesses and encourage new business development in economically distressed areas. • Policy 1.4.7 – Alachua County shall support the development of micro-enterprises and small businesses• Policy 1.4.3 – Alachua County shall support and encourage the development of public/private partnerships which assist small and minority businesses that may otherwise not have access to adequate start up capital.
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Economic Development Executive Board
Subcommittee onCapital Projects
Subcommittee onBusiness Expansion
Subcommittee onStart-Ups
Subcommittee onJob Training
Public/Private Partnerships Phase II Public/Private Partnerships Phase II Proposed Economic Development Proposed Economic Development
StructureStructure
Overview of the Subcommittee on Start-Ups: • Develop criteria for applicant to receive Start-Up loan• Applicants must attend one year of programmed coursework at SFCC to include topics such as Marketing, Business Planning, Taxes, Accounting, Business Principles, • No Scholarships, require personal investment and one year to receive funding• Require applicants to be paired with a mentor in a similar business
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Economic Development Executive Board
Subcommittee onCapital Projects
Subcommittee onBusiness Expansion
Subcommittee onStart-Ups
Subcommittee onJob Training
Public/Private Partnerships Phase II Public/Private Partnerships Phase II Proposed Economic Development Proposed Economic Development
StructureStructure
Overview of the Subcommittee on Start-Ups: • Mentor makes a four-year commitment • Applicant within one year, must provide 60 volunteer hours in similar business, preferably in mentor’s business (sweat equity and personal investment)• A maximum loan per applicant will be $25,000 as a 10% match on a maximum $250,000 loan through the SBA 107 Loan Program (i.e. ECSM) • Start-Up Subcommittee do determine other criteria
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Economic Development Executive Board
Subcommittee onCapital Projects
Subcommittee onBusiness Expansion
Subcommittee onStart-Ups
Subcommittee onJob Training
Public/Private Partnerships Phase II Public/Private Partnerships Phase II Proposed Economic Development Proposed Economic Development
StructureStructure
Subcommittee on Job Training will work to implement Comprehensive and Strategic Plans such as: • Section I.D – Enhance strategies and monitor results of anti-poverty educational, training and placement programs…. • Section I.C – Maximize employment opportunities for teenagers age 16-19, using strategies such as grants, tax incentives, job placement service, transportation and child care vouchers, in partnership with area businesses and organizations• Policy 1.2.1 – Alachua County shall assist in the coordination of educational, professional, technical, and vocational training of the labor force with the needs of businesses and industries.
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Economic Development Executive Board
Subcommittee onCapital Projects
Subcommittee onBusiness Expansion
Subcommittee onStart-Ups
Subcommittee onJob Training
Public/Private Partnerships Phase II Public/Private Partnerships Phase II Proposed Economic Development Proposed Economic Development
StructureStructure
Subcommittee on Job Training will work to implement Comprehensive and Strategic Plans such as: • Policy 1.2.2 – Alachua County shall foster collaboration among the educational institutions, the employees and employers to ensure that the skills of the County’s labor force closely match the demand for labor• Policy 1.2.3 – Alachua County shall, as referenced in the County’s Strategic Plan for Sustainable Economic Development, collaborate with local educational institutions to expand vocational skills training and provide entrepreneurial opportunities for students
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Economic Development Executive Board
Subcommittee onCapital Projects
Subcommittee onBusiness Expansion
Subcommittee onStart-Ups
Subcommittee onJob Training
Public/Private Partnerships Phase II Public/Private Partnerships Phase II Proposed Economic Development Proposed Economic Development
StructureStructure
Overview of the Subcommittee on Job Training:
• To collaborate with other entities to prepare a workforce for future businesses that may locate here or existing business expansions (i.e. Workforce Board) • Joint funding will encourage a professional trained workforce • Subcommittee will add additional criteria
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Subcommittee onBusiness Expansion
Subcommittee onStart-Ups
Subcommittee onCapital Projects
Subcommittee onJob Training
Public/Private Partnerships Phase II Public/Private Partnerships Phase II Proposed Economic Development Proposed Economic Development
StructureStructure
Countywide Countywide Economic Economic Development Development Advisory Advisory BoardBoard
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Subcommittee onBusiness Expansion
Subcommittee on
Start-Ups
Subcommittee onCapital Projects
Subcommittee on
Job Training
The Subcommittees shall meet quarterly as the Countywide Economic Development Advisory Board.
Public/Private Partnerships Phase II Public/Private Partnerships Phase II Proposed Economic Development Proposed Economic Development
StructureStructure
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Economic Development Executive Board
Subcommittee onCapital Projects
Subcommittee onBusiness Expansion
Subcommittee onStart-Ups
Subcommittee onJob Training
Public/Private Partnerships Phase II Public/Private Partnerships Phase II Proposed Economic Development Proposed Economic Development
StructureStructure
The Countywide Economic Development Countywide Economic Development Advisory BoardAdvisory Board and the Subcommittees may include organizations such as:
• Alachua CountyAlachua County • City of GainesvilleCity of Gainesville • Chambers of CommerceChambers of Commerce
• Regional Planning CouncilRegional Planning Council
• MunicipalitiesMunicipalities
• East Gainesville Development Corp.East Gainesville Development Corp.• Small Business Development CenterSmall Business Development Center
• Workforce BoardWorkforce Board
• University of FloridaUniversity of Florida • Santa Fe Community CollegeSanta Fe Community College
• School Board of Alachua CountySchool Board of Alachua County
• Front Porch FloridaFront Porch Florida • Faith Based OrganizationsFaith Based Organizations
• Economic Development Advisory CommitteeEconomic Development Advisory Committee
… … and moreand more• Healthy Communities Initiative Healthy Communities Initiative
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Council on Economic Development
Economic Development Executive Board
Director of Economic Development
Subcommittee onCapital Projects
Subcommittee onBusiness Expansion
Subcommittee onStart-Ups
Subcommittee onJob Training
Public/Private Partnerships Phase II Public/Private Partnerships Phase II Proposed Economic Development Proposed Economic Development
StructureStructure
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I propose we commit to making economic I propose we commit to making economic development a funding priority, and that in development a funding priority, and that in partnership, with the City of Gainesville, we each partnership, with the City of Gainesville, we each invest a $1,000,000 annually into economic invest a $1,000,000 annually into economic development. development.
Funded in 2010
Capital Projects $1,000,000
Business Expansion $400,000
Start-Ups $200,000
Job Training $100,000
Administration $300,000
TotalTotal $2,000,000
Public/Private Partnerships Phase II Public/Private Partnerships Phase II Proposed Economic Development Proposed Economic Development
Funding Proposal Funding Proposal
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2005 - 2007 2008 2009 2010
Capital ProjectsWork on Work on
inter-locals inter-locals and and
creating creating structure structure for future for future success.success.
$1,000,000 $1,000,000 $1,000,000
Business Expansion $250,000$250,000 $350,000$350,000 $400,000$400,000
Start-Ups $100,000 $200,000
Job Training $75,000$75,000 $100,000$100,000
Administration $250,000 $275,000 $300,000
TotalsTotals $1,500,000 $1,800,000 $2,000,000
Public/Private Partnerships Phase II Public/Private Partnerships Phase II Proposed Economic Development Proposed Economic Development
Funding Proposal Funding Proposal
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Public/Private Partnerships Public/Private Partnerships Phase II Anticipated RevenuesPhase II Anticipated Revenues
When funding economic development, additional When funding economic development, additional potential revenues should also be considered. potential revenues should also be considered. Revenues such as:Revenues such as:
Rent paid on Capital InfrastructureRent paid on Capital Infrastructure Loan RepaymentsLoan Repayments Expanded Tax BasesExpanded Tax Bases Increased Taxable Sales TransactionsIncreased Taxable Sales Transactions More Occupational Licenses IssuedMore Occupational Licenses Issued
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Why Economic Development?Why Economic Development?
Cities and Counties across the country Cities and Counties across the country recognize economic development is a recognize economic development is a legitimate role of local government. legitimate role of local government.
A healthy economy provides the tax base A healthy economy provides the tax base necessary to provide long-term funding of necessary to provide long-term funding of public infrastructure and servicespublic infrastructure and services
Generates jobs necessary to alleviate Generates jobs necessary to alleviate poverty and provide opportunities for poverty and provide opportunities for citizenscitizens
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Why Coordinate Efforts?Why Coordinate Efforts?
To achieve maximum effectivenessTo achieve maximum effectiveness To provide the most efficient economic To provide the most efficient economic
development support throughout our development support throughout our communitycommunity
To avoid duplication of effortsTo avoid duplication of efforts
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Why Fund Economic Why Fund Economic Development?Development?
To reduce povertyTo reduce poverty To improve Quality of LifeTo improve Quality of Life To serve as facilitators To serve as facilitators
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What will Funding Economic What will Funding Economic Development at the Proposed Level Development at the Proposed Level
Achieve by the Year 2020?Achieve by the Year 2020?Estimated
Cumulative Totals 2020
Capital Projects $14,168,715 $14,168,715
Business Expansion $5,467,486$5,467,486
Start-Ups $2,533,743 $2,533,743
Job Training $1,291,872 $1,291,872
Administration $4,175,615 $4,175,615
Cumulative TotalCumulative Total $27,637,431$27,637,431 Estimated Cumulative Totals includes 2% Annual Adjustment
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RecommendationsRecommendations
The County Commission should consider:The County Commission should consider: Discussing this proposal at a future Special Discussing this proposal at a future Special
Meeting or RetreatMeeting or Retreat After discussions, meeting Jointly with the After discussions, meeting Jointly with the
City of Gainesville and invite all stakeholders City of Gainesville and invite all stakeholders to discuss Economic Developmentto discuss Economic Development
Authorize Commissioner Long, the County Authorize Commissioner Long, the County Manager and staff to give Public Manager and staff to give Public Presentations on the Proposed 2020 Presentations on the Proposed 2020 Economic Development PlanEconomic Development Plan
Exploring additional funding partnersExploring additional funding partners