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:

TCIEDTF@gmail.comAdjourn

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: TCIEDTF@gmail.com 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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