PLACEMENT: Public Hearings
TITLE:
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PUBLIC HEARING TO CONSIDER ADOPTION OF AN ORDINANCE AMENDING CHAPTER 71, ARTICLE 2, GENERAL ORDINANCES, MARTIN COUNTY CODE, RELATING TO THE ECONOMIC DEVELOPMENT FUND AND THE IMPLEMENTATION OF THE MARTIN COUNTY ECONOMIC DEVELOPMENT TOOLKIT
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EXECUTIVE SUMMARY:
executive summary
This is a public hearing to consider adoption of an ordinance amending Chapter 71, Article 2, Economic Development Fund, General Ordinances, Martin County Code. These revisions are necessary to implement the new Martin County Economic Development Toolkit, which is presented for Board of County Commissioner ("Board') review and approval as a strategic, comprehensive framework for the County's economic development incentives and programs in accordance with the Martin County Comprehensive Plan.
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DEPARTMENT: Administration
PREPARED BY: Name: George M. Stokus
Title: Assistant County Administrator
REQUESTED BY:
PRESET: 10:30 AM
PROCEDURES: None
BACKGROUND/RELATED STRATEGIC GOAL:
I. Background
Economic conditions directly influence the pace and quality of growth within a geographic area. A strong economy fosters vibrant, high-quality communities, while in return, those communities help sustain economic strength. Businesses and their employees thrive in locations that are attractive, well-planned, and supportive of a desirable lifestyle-offering opportunities for living, commuting, recreation, and community engagement.
A primary objective of Martin County is to promote balanced, orderly, and sustainable economic growth by cultivating an environment that enhances prosperity for all residents and communities. Consistent with Policy 15.1B.4 of the Martin County Comprehensive Growth Management Plan, the County is directed to develop and administer incentive programs that strengthen its competitive position in retaining, expanding, and attracting targeted industries. These programs are to be reviewed and updated periodically t...
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