Laserfiche WebLink
047 <br />for the program of work to be carried out. All future funding decisions will be subject to <br />board approval of the respective funding partners. <br />The EDC recommends retaining Creative EDC for interim services through December <br />31, 2013 with renewal options thereafter depending on how the deadlines are met. <br />6. Incentive Policy <br />In order for the New Economic Development Organization to operate in good faith with <br />prospective employers it is agreed that the City of Sanford, Lee County and the Town of <br />Broadway will adopt and present to this new organization their respective incentive <br />policies. It is acknowledged that each governing body has flexibility if desired on a case <br />by case basis. These policies will provide the guiding principles in this area for this new <br />organization. <br />7. Timeline <br />During the timeline below, the new economic development organization will be formed <br />and the framework developed parallel to the planning process. <br />May 2013 <br />Initiate New Organization Program of Work Planning <br />Process with a first draft due by October 1St <br />June 30, 2013 <br />County strategic planning process complete. <br />July 1, 2013 <br />Receipt of incentive and economic growth policies from <br />Local Government Boards <br />November 30, 2013 <br />Complete Program of Work and submit for approval <br />January 1, 2014 <br />Submit New Economic Development Organization for <br />approval <br />January 1, 2014 <br />Case Statement Development and planning for Capital <br />Campaign Starts <br />March 1, 2014 <br />Capital Campaign lannin Completed <br />March 1, 2014 <br />New Economic Development Corporation starts with fully <br />approved Plan of Work. <br />March 1, 2014 <br />Initiate Lee County Economic Development Capital <br />Campai <br />October 31, 2014 <br />Capital Campaign Complete and initial pledges start to be <br />funded. <br />