A locally approved Statement of Community Economic Development Objectives Sample Clauses

A locally approved Statement of Community Economic Development Objectives. (2) Description of the study area and planning area; (3) Evidence of support and coordination from key cooperating organizations and agencies as identified in the Project Description and Budget in Attachment A. Typical activities include: • Review of applicable administrative rule requirements with DLCD staff to understand key concepts. Pay special attention to: o OAR 660-009-0005(10), Short-term supply of land; o OAR 660-009-0015, Economic Opportunities Analysis; o OAR 660-009-0020(1)(a), Economic development objectives; And, if applicable: o OAR 000-000-0000(5), Employment land need; o OAR 000-000-0000(8), Safe harbors. • Prepare an informal draft Statement of Community Economic Development Objectives that describes the community’s broad goals for economic development. Economic development planning typically looks back at the economic history of the area and the forces affecting development. It also looks forward at new opportunities to define actions a local government can take to attain an achievable and sustainable result. • Define a study area to analyze for economic and land use trends. This is typically a region that shares interdependent economic activity. Describe why the area was chosen and include a brief narrative about current conditions and activity. • Define a planning area, which is typically the existing urban growth boundary and may include potential expansion and urban reserve areas. In Metro, it may be the city limits or urban service delivery area. It is useful to describe why the area was chosen and include a brief narrative about current conditions and activity. • Gather and review any available regional economic development, employment data, real estate market data and area context information that has been published by entities such as: state and local governments; economic development agencies; ports and other development districts; and Business Oregon. • Meet with federal, state, regional and local economic development agencies to discuss cooperation, participation and possible sources of funding for planning and implementation activities. • Identify typical planning and implementation policies, activities and tools, and gather evidence of support from key cooperating organizations (especially municipal and county boards and commissions, and Oregon’s Regional Solutions Team).
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