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Home My WebLink AboutR-09-47WHEREAS, in March 2009 City Council adopted Resolution No. R -09 -11 creating an Economic Development Plan; and WHEREAS, City Council, at its December 2, 2009 workshop agreed upon certain amendments to the adopted plan; and WHEREAS, the recommended amendments have been incorporated into the Economic Development Plan and are presented for approval. NOW THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF SEBASTIAN, as follows: Section 1. AUTHORIZATION. The City Council hereby adopts the amended Economic Development Plan as attached hereto as Exhibit "A Section 2. CONFLICTS. All resolutions or parts of resolutions in conflict herewith are hereby repealed, including Resolution No. R- 09 -11. Section 3. EFFECTIVE DATE. This resolution shall take effect immediately upon its adoption. The foregoing Resolution was moved for adoption by Council member Wright RESOLUTION NO. R -09-47 A RESOLUTION OF THE CITY OF SEBASTIAN, INDIAN RIVER COUNTY, FLORIDA, REPEALING R- 09 -11, ADOPTING AN AMENDED ECONOMIC DEVELOPMENT PLAN FOR THE CITY OF SEBASTIAN AND USING SUCH PLAN AS THE GROUNDWORK FOR A FINAL ECONOMIC DEVELOPMENT ELEMENT TO BE INCORPORATED INTO THE CITY OF SEBASTIAN COMPREHENSIVE PLAN AT A LATER DATE; PROVIDING FOR CONFLICT; PROVIDING FOR EFFECTIVE DATE. The motion was seconded by Council member Hill and, upon being put into a vote, the vote was as follows: Mayor Richard Gillmor aye Vice Mayor Jim Hill aye Council Member Andrea Coy aye Council Member Eugene Wolff aye Council Member Don Wright aye ATTEST: Sally A. City Cle The Mayor thereupon declared this Resolution duly passed and adopted this 16th day of December 2009. io, MMC Reliance by the City Of Sebastian Only: 2 CITY OF SEBASTIAN, FLORIDA Approved As to Form And Legality For Robert A. Ginsburg, City Kftorney Gillmor, Mayor CRY OF HOME OF PELICAN ISLAND COMPREHENSIVE PLAN ECONOMIC DEVELOPMENT ELEMENT MARCH 2009 Updated December 2009 Prepared By: City of Sebastian Growth Management Department 1225 Main Street Sebastian, Florida 32958 Preamble In April 2007, the Sebastian City Council conducted an Economic Development Workshop. This exercise was held in conjunction with the Sebastian River Area Chamber of Commerce, who sponsored Bill Fruth, a nationally renowned economist, as a speaker for the meeting. As a result of the workshop, the City Council unanimously agreed to create an Economic Development Plan for the City of Sebastian. Subsequently, the City Council adopted Resolution #R- 07 -45, which enlisted the efforts of the Chamber of Commerce to help develop a plan. Accordingly, the Sebastian River Area Chamber of Commerce started the task assigned by the City Council and created an Economic Development Task Force. The task force's members were appointed by the Chamber of Commerce and included citizens with business backgrounds and perspectives. From November 2007 through April 2008, the task force met and deliberated. Their final product entitled "Economic Development Plan for the City of Sebastian" was presented to the City Council in a workshop on January 7, 2009. The Council formally accepted the plan as presented by the Sebastian River Area Chamber of Commerce. In moving forward with this endeavor, the Chamber of Commerce's Economic Development Plan was used as the foundation for this element of the City of Sebastian's Comprehensive Plan. Amended 12/16/09 (R- 09 -47) Economic Development Element 1 GOAL It is the goal of the City of Sebastian to promote economic growth through commercial development, light industrial development and job creation. OBJECTIVE 1: Identify business sector targets that offer light clean business/ industry and support a living wage. Policy 1.1: The City shall support primary and secondary target industries as adopted by Indian River County. In addition, the City recognizes the special characteristics of the local economy and will develop Sebastian target industries as an addendum to County wide targets. The City also identifies industries which are detrimental to the community and seeks to avoid. The target list shall be reviewed as needed in order to reflect the current economic climate. Primary Target Industry Clusters Include: Clean Energy Solar Energy Biomass Energy /Biofuels Fuel Cells and Hydrogen Ocean Energy Life Sciences Industry Biotechnology Medical Device Manufacturing Pharmaceuticals Health Care Information Technology IT Products /Services Software Development Modeling /Simulation Training Photonics /Lasers /Optic Microelectronics Telecommunications Marine —Boat Manufacturer, Fishing Equipment Eco- Tourism Related Business Amended 12/16/09 (R- 09 -47) Aviation /Aerospace Aviation Education Aircraft Manufacturing General Aviation Services Medical Flight Support Emerging Technologies Materials Science Nanotechnology Marine Science Financial /Professional Services Corporate /Regional Headquarters Research and Development Arts, Entertainment, Recreation Sports Facilities Film Shoots Manufacturing/Warehouse/Distribution Economic Development Element Secondary Target Industries 1. Retail 2. Aquaculture 3. Automotive 4. Family Entertainment Industries to Avoid 1. Heavy Industrial /Manufacturing 2. Chemical 3. Fertilizer 4. Cement Objective 2: The City of Sebastian will provide new and expanding businesses with incentives, if certain job criteria are met. Policy 2.1: New and expanding business shall diversify the local economy and increase the tax base by paying wages that are equal to or above 75% of the average wage and benefits in Indian River County as published and identified by the Indian River County Chamber of Commerce. Policy 2.2: New and expanding business seeking City of Sebastian incentives shall create a minimum of five (5) new jobs. Objective 3: For new and expanding business that meet the policies in Objective 2, the City shall provide financial and other incentives. Policy 3.1: Upon of completion of application materials, the City of Sebastian will offer "fast track" site plan review that guarantees administrative determination, and permit issuance. Policy 3.2: To encourage development and review expedition, the City shall, through the office of Economic Development, provide permitting assistance and guidance to businesses seeking to development or expand in the City. Policy 3.3: Partner with Indian River County in providing ad valorem tax credits. Policy 3.4: Provide CRA financing for County Impact Fees. Policy 3.5: Allow the use of CRA funds to reduce the cost of: 1. Water /Sewer Connections; 2. Local Building Permit Fees Policy 3.6: Provide special lease arrangements at the Sebastian Municipal Airport that mitigate construction and future costs. OBJECTIVE 4: The City of Sebastian recognizes that all new, expanding and existing business is important to the local economy. The City shall implement policies that promote business development no matter their size or impact on the local economy. Policy 4.1: Develop a marketing plan to target the identified sectors. Amended 12/16/09 (R- 09 -47) Economic Development Element 3 Policy 4.2: Consider areas outside the City for annexation that could provide future areas for commercial or industrial development. Objective 5: The City of Sebastian shall promote, develop and enhance the use of the Sebastian Municipal Airport. Policy 5.1: The Sebastian Municipal Airport shall actively market airport industrial lots and space and coordinate its marketing plans with other area marketing plans Policy 5.2: The Sebastian Municipal Airport will seek grants and other funding opportunities to improve roads and infrastructure delivery. Policy 5.3: In developing the Sebastian Municipal Airport, win -win scenarios will be realized that support the economy, while protecting the natural environment and conservation areas that encompass the airport. Objective 6: The City of Sebastian will promote and provide a skilled labor force by ensuring that educational and housing opportunities flourish. Policy 6.1: Establish a list of training needs for target and other businesses. Policy 6.2: Further education efforts for job training programs through local high schools that provide vocational training and assist, if necessary, in providing venues for training. Policy 6.3 Continue partnering with Indian River State College for post secondary educational training opportunities. Policy 6.4: Develop other contacts for four -year colleges or universities to determine the probability of a branch campus or research facility being established in Sebastian. Policy 6.5: The City will work with the County's Local Housing Assistance Program, Workforce Housing Tax Credit Program, and other housing programs, to provide and continue to provide affordable housing opportunities within Sebastian. OBJECTIVE 7: Provide technical assistance to business. Policy 7.1: The City of Sebastian will create a Business Assistance Team in order to promote Sebastian, as well as provide technical assistance to existing, expanding, or new businesses through the regulatory processes of the City, County, State and Federal governments. Policy 7.2: The Sebastian River Area Chamber of Commerce and other economic development groups designated by the City Council shall develop and provide a community information package for new businesses and or businesses relocating to Sebastian. OBJECTIVE 8: Intergovernmental Coordination with other local municipalities, the County State, and Federal agencies for economic development. Amended 12/16/09 (R- 09 -47) Economic Development Element 4 Policy 8.1: The City shall involve appropriate parties in any economic development project so that all entities are properly represented. Policy 8.2: The City through pre application meetings and site plan review meetings, shall review procedures, identify needed permits, and provide information and feedback to applicants to expedite the permitting process. The City shall also assist applicants by providing information on non county required permits or reviews and provide contact information. OBJECTIVE 9: Tourism Development Policy 9.1: Market the City's historic themes on an eco- tourism and cultural tourism basis. Policy 9.2: Support the Sebastian River Area Chamber of Commerce efforts to market the Sebastian area as a vacation /recreation area. Policy 9.3: The City shall maintain gateway corridors (primarily 512 and US 1) with landscaping and pedestrian amenities. Policy 9.4: The City shall explore historic tourism opportunities including walking tours. Policy 9.5: The City shall participate with the MPO in the North County Greenways plan for pedestrian, bicycle and waterway corridors. Amended 12/16/09 (R- 09 -47) Economic Development Element