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HomeMy WebLinkAbout12-002 City County Port Joint Resolution on Economic Development City Resolution � County Resolution , Port Resolution 571-11 Page 1 of 4 STATE OF WASHINGTON County of Jefferson City of Port Townsend Port of Port Townsend Joint Resolution of the Jefferson ) County Board of County Commissioners ) the Port Townsend City Council, and the ) County Resolution No_, I. 12- Port of Port Townsend Port Commission ) City Resolution No. 'Z (,x).2- Approving a Process to Coordinate and ) Port Resolution No. 571-11 Promote Enhanced Inter-jurisdictional ) Coordination in Regards to Regional ) Economic Development Committee ) The Board of County Commissioners (BoCC) of Jefferson County, Washington, the City Council of Port Townsend, Washington, and the Port Commission for the Port of Port Townsend, Washington, do hereby jointly resolve as follows: WHEREAS, concern over the impacts of a weakened global, national and local economy on the local community and the ability of the County, City and Port to provide important services, has prompted the three jurisdictions to look for new ways to cooperate as local governments; and WHEREAS, the three jurisdictions understand the urgent need to more effectively coordinate their activities and more efficiently deliver services to meet community needs; and WHEREAS, in Fall 2009, the rezoning of rural light industrial land at the Jefferson County International Airport highlighted the need for the County, City and Port to improve their intergovernmental communication and better coordinate their economic development efforts; and WHEREAS, in May of 2010 a "Joint Planning Agreement" was signed whereby the three jurisdictions committed to developing a coordinated strategy for sustainable economic development; the Agreement identified a three part process that included: the collection and analysis of economic data to provide an accurate "snapshot" of the current state of the local economy; the development of a shared economic vision that would provide guidance to the three jurisdictions in identifying priorities; and the development of complimentary policies and action steps that would help focus efforts in a coordinated manner; and City Resolution County Resolution C. Port Resolution 571-11 Page 2 of 4 WHEREAS, an Inter-jurisdictional Elected Working Group (the Working Group) comprised of an elected official and staff from each jurisdiction and Team Jefferson has met monthly to implement the process and advance the development of a coordinated economic strategy; and WHEREAS, baseline economic data was independently collected by E.D. Hovee & Company to allow informed choices regarding economic development policies and infrastructure priorities; and WHEREAS, the Working Group has reviewed the baseline data and proceeded to develop a Draft Joint Economic Development Strategy; and WHEREAS, it has become apparent that the forecast for economic recovery has dimmed since the joint economic development planning process was initiated in the spring of 2010, and most projections now suggest that the "recovery" is "L" shaped with substantial economic rebound occurring in an undefined, indefinite future; and WHEREAS, the likelihood that State and Federal funding will return to levels resembling the period prior to the "great recession" has greatly diminished, and obtaining federal and state funding for significant new capital projects is more difficult; and WHEREAS, as the ability of state and local government to fund new infrastructure and services has decreased, while many in the community are looking to government to help solve economic problems; and WHEREAS, the Working Group has prepared a Draft Joint Economic Development Strategy (attached as Exhibit 1) that reflects the collaborative efforts of the three jurisdictions to date; and WHEREAS, although the Draft Economic Development Strategy prepared to date is a good starting point, changed circumstances require careful refinement in light of the changing economic environment, and the Working Group recommends that the three jurisdictions continue working closely together to maximize the likelihood for success; and WHEREAS, the Working Group has identified a process that will allow continued communication and coordination between the jurisdictions for future adoption of a Joint Economic Development Strategy setting forth objectives, strategies and a prioritized list of major regional capital projects and policy initiatives; and WHEREAS, the Working Group has concluded that it is critical for the economic health of the County that the three jurisdictions and the Working Group continue to meet regularly, and communicate more frequently and effectively; City Resolution County Resolution CA— Port Resolution 571-11 Page 3 of 4 NOW THEREFORE BE IT RESOLVED AND HEREBY ORDERED THAT: Section 1. Inter-jurisdictional Coordination to Continue. The Working Group, comprised of elected representatives of the City, County, Port, jurisdictional staff and Team Jefferson, will continue to meet to develop and refine the Joint Economic Development Strategy for consideration and possible adoption by the respective jurisdictions. It is anticipated that the Draft Joint Economic Development Strategy will be completed and suitable for formal public and jurisdictional review by the fall of 2012. It is further anticipated that the draft strategy will include a prioritized list of major regional capital projects and policy initiatives supported by all three jurisdictions. Section 2. Direction to Inter-jurisdictional Staff. The City, County, Port and Team Jefferson direct their respective staffs to meet on monthly basis with Team Jefferson to monitor and discuss current development trends, the progress of pending projects and proposals that may have county-wide economic implications, and to refine and finalize the Draft Joint Economic Development Strategy. This resolution shall become effective upon adoption by the Board of County Commissioners, the City of Port Townsend and the Port of Port Townsend. APPROVED AND SIGNED THIS day of 2012 SEAL: y r a, . JEFFERSON COUNTY BOARD OF COMMISSIONERS /°(PI Jo stin, Chairman ti Phil Joh ���, Member Attest: David Sullivan, Member Raina Randall Deputy Clerk of the Board City Resolution County Resolution (-J—1 Port Resolution 571-11 Page 4 of 4 �7'AAA&'�'�. APPROVED AND SIGNED THIS day of.L'l 2012 b'vi Mayor/ City of Port Townsend Attest: Approved as to form: Pamela Kolacy, MMC, City Cr John P. Watts, City Attorney APPROVED AND SIGNED THIS 28th day of December 2011 Att st, ohn . Collins, ecr'eiary David R Thompso q,,President *eif . rric­kLs`on, Vice'President Approved as to form: A, 16 Carolyn bCtake, Goodstein Law Group, PLLC Port Attorney DRAFT JOINT ECONOMIC DEVELOPMENT STRATEGY A Coordinated Effort of Jefferson County, the City of Port Townsend, & the Port of Port Townsend 0 PORT OF , .. PORT TOWNSEND ap- With Support & Assistance from: The Economic Development Council of Jefferson County ("Team Jefferson") D I I E L effersoln Date of "Integrated" Staff Draft: October 24, 2011 This Draft Strategy was Collaboratively Prepared by an Inter-Jurisdictional Team of Staff and Elected Officials from Jefferson County, the City of Port Townsend, and the Port of Port Townsend FOREWARD The economic health of our community is most effectively pursued in partnership. This Strategy aims to show how the County, City and Port intend to collaborate to maximize the economic health of our community. Jefferson County's extraordinary natural setting, status as a renowned visitor destination, relative isolation from the Puget Sound's metropolitan areas, and significant proportion of non-local based income, offer significant economic opportunities and challenges for our future. This Strategy reflects our collective desire to ensure that Jefferson County remains a great place in which to live, work, visit and recreate, and aims to foster a dynamic economy in which the public sector supports our entrepreneurial culture. Our Strategy sets out both immediate and longer term strategies and the actions necessary to achieve success for our residents, our businesses, visitors, and our students. Behind the Strategy is a plan of action that describes how we intend to continue working together to make its promise a reality. Through community workshops and business sector sessions conducted by Team Jefferson, many individuals, businesses and organizations have helped to shape this Strategy. The County, City and Port greatly value the community's participation in this effort. On behalf of the three partner jurisdictions, we are pleased to present the Joint Economic Development Strategy to you. David Sullivan, Commissioner Jefferson CountyBoard of CountyCommissioners Michelle Sandoval, Mayor City of Port Townsend John N. Collins, Commissioner Port of PortTownsend Port Commission JOINT ECONOMIC INTEGRATED STAFF DRAFT DEVELOPMENT STRATEGY 1 OCTOBER 24, 2011 I. Project Background Concern over the impacts of a weakened global, national and local economy on our communities, families, and the ability of the County, City and Port to provide important services, prompted us to look for new ways to cooperate as local governments. We understand the urgent need for us to effectively coordinate our activities and more efficiently deliver services to meet community needs. With the help of the Economic Development Council of Jefferson County ("Team Jefferson"), we prepared this Strategy to facilitate intergovernmental discussion and coordinateand prioritize major infrastructure projects and policy initiatives that will boost our community's economic vitality. Successful implementation of the Strategy will ensure that that local government, business and the community are working as a team to improve our community's economic health.We intend to regularly update and revise this Strategy (e.g., every 3-5 years) to reflect emerging economic information and identified community needs. In the autumn of 2009, the rezoning of rural light industrial land at the Jefferson County International Airport highlighted the need for the County, City and Port to improve their intergovernmental communication and better coordinate their economic development efforts.Through a "Joint Planning Agreement" signed by the parties in May of 2010, the jurisdictions committed themselves to developing a coordinated strategy for sustainable economic development. It was agreed that the process should address three key areas: • Data Collection & Analysis; • Development of a Common Economic Development Vision; and • Development of Complimentary Policies & Action Steps. In response to this agreed upon framework, baseline economic data was independently collected by E.D. Hovee& Company to allow informed choices regarding economic development policies and infrastructure priorities (see Section II, "Current Economic Conditions").Next, an economic development vision and goals were prepared as a critically important step prior to preparing policies and implementation actions (see Section III, "Our Shared Mission & Economic Vision").Finally, specific Objectives and Strategies (see Section IV), as well as a prioritized list of Joint Regional Economic Development Projects, were developed to help guide intergovernmental decision- making into the future (see Section V). JOINT ECONOMIC INTEGRATED STAFF DRAFT DEVELOPMENT STRATEGY 2 OCTOBER 24,2011 II. Current Economic Conditions Background In the summer of 2010, E.D. Hovee& Company was hired to collect and analyze local economic data and prepare an "Economic Existing Conditions Report" to provide the factual basis for the joint planning effort. On October 28, 2010, Mr. Hovee presented his findings and written report at an inter-jurisdictional meeting of the County, City and Port. The text within this section is drawn substantially from the Executive Summary provided in the E.D. Hovee report; the full text of the report is included in Appendix "A." A major part of the review was to summarize economic planning work already conducted for Jefferson County in recent years —followed by an updating the demographic and economic indicators as of 2009-2010. Prior Economic Assessments.Two major assessments have been conducted over the past decade: • In 2002, a Jefferson County Economic Assessment was completed by the University of Washington School of Public Affairs (Paul Sommers). The report reviewed key trends at the time — noting that "Jefferson County's economy is transitioning from a reliance on forestry, wood products, fishing and other marine- related industries to one based on retirement, tourism, and linkages to the `new economy' in the Seattle area." Stakeholder interviews and a business survey were conducted and a series of industry clusters recommended as a means to organize local economic development initiatives. The clusters recommended by Sommers in 2002 coincide well (albeit with some revision) with the business sectors recently profiled through updated 2010 analysis by Team Jefferson. • In 2007, E.D. Hovee and company, LLC was retained to prepare a countywide industrial commercial land inventory, infrastructure assets and economic development analysis. A business needs questionnaire was distributed to 1,290 businesses throughout Jefferson County. Three alternative scenarios were prepared to illustrate potential employment and accompanying land needs for Jefferson County over a 20-year forecast horizon (2007-27) — including extrapolation of the exiting job trends, an alternative for jobs-housing balance, and a third scenario associated with a jobs premium for selected target industry sectors. Updated Economic Indicators. As of 2010, Jefferson County has a population estimated at 29,300. As the county's only incorporated city, Port Townsend's 8,945 residents account for less than one-third (30.5%) of population countywide. In the past decade, population countywide has increased by about 11% (+3,000 residents), a rate of growth below the statewide increase of 14%. Other indicators of note include the following: JOINT ECONOMIC INTEGRATED STAFF DRAFT DEVELOPMENT STRATEGY 3 OCTOBER 24, 2011 • Port Townsend and Jefferson County residents tend to have lower households incomes but higher housing prices and higher levels of education than is typical throughout the rest of the state. • As of 2009, Jefferson County had an estimated 1,070 firms employing more than 8,200 workers. The average annual wage is just under $31,700 per employee (33% below the statewide average of$47,500). • From 2002 to 2009, the number of firms in Jefferson County declined (by 0.8% annually), the total number of jobs have remained essentially flat (reflecting substantial job losses from 2008-09), but average wages have increased at a moderate pace (averaging 3.4% annual gains). • When adjusted for inflation, median wages for workers in Jefferson County have increased at a much more modest rate averaging less than 1% per year since 1990 —with wages peaking in 2005, before the most recent economic downturn. Compared to the rest of the state, Jefferson County wage levels appear to be disproportionately and adversely affected during recessionary time periods — as in 2001 and again in 2007-08. • When measured by number of employees, government represents the largest overall sector with over 2,100 employees, as is the case statewide. The only other sectors with more than 900 jobs in Jefferson County are accommodations/food services, retail, and health care social assistance. Taken together, these four industry sectors account for nearly 5,050 jobs — more than 60% of total employment in Jefferson County. • Over the last several years, unemployment rates have nearly doubled and have remained high — 8.6% for Jefferson County and 8.9% for the State of Washington as of August 2010, and 9.3% for both the County and State as of August 2011. • Wage and salary sources account for a declining 30% share of total personal income in Jefferson County— a much lower proportion than statewide. Comparatively high proportions of personal income locally are investment and transfer payments. • Taxable retail sales have increased in roughly similar fashion for the City and unincorporated County area over the last 15 years — but with much greater year- to-year variability for the County. This is due to greater reliance on construction activity outside the City—with a substantial downturn in activity experienced from 2008-09. • Tourism is of considerable importance — accounting for about 18% of the job base countywide. On a per capita basis, visitor spending is better than 50% JOINT ECONOMIC INTEGRATED STAFF DRAFT DEVELOPMENT STRATEGY 4 OCTOBER 24, 2011 above the statewide per capita average but appears to be increasing more slowly than statewide. • Due to the county's small population base, Jefferson County appears to offer potential for added retail activity across virtually all business types except health and personal care. Retail sales volumes compared to resident generated needs currently appear strongest with retail categories for which visitor expenditures serve to offset at least a portion of the sales leakage than can occur when local residents travel outside the county to shop. Regional & Local Position of County, City & Port A second objective of the Existing Economic Conditions Report was to begin the discussion of how economic changes globally, nationally, statewide and/or regionally might affect earlier conclusions and recommendations of the 2002 and 2007 countywide economic analysis. Patterns of Economic Change. This analysis distinguishes between patterns of change being experienced globally, nationally, statewide and regionally—with further distinction between unanticipated changes brought on by the current economic downturn and longer term changes that can be expected post-recover over the next 10- 20 years, notably: A. With Economic Downturn (& Early Phase Recovery): ✓ Financial Market Retrenchment— related to financial deleveraging, tightened consumer and business credit, and public sector intervention; ✓ Jobless Recovery? — reflecting sectoral and location specific job loss with minimal expectations for substantial recovery now extending beyond 2011; and ✓ Stalled Development— including construction shut-down, declining home and investment real estate values. B. Post-Economic Recovery (Over 10-20 Years) ✓ Financial Market Restructuring—with more conservative underwriting and emerging public sector fiscal stress; ✓ Changing Competitive Advantage —with competitive positioning favoring global pathways of economic opportunity; • Emerging Economic & Demographic Drivers—for targeted employment amid ongoing economic instability, aging demographics and urbanization; • Environmental & Infrastructure Drivers— including impetus for alternative energy, going green, and hard and soft infrastructure needs; and JOINT ECONOMIC INTEGRATED STAFF DRAFT DEVELOPMENT STRATEGY 5 OCTOBER 24, 2011 ✓ Changing Development Paradigm— affecting development feasibility, real estate churn, and residential and commercial development products. For Jefferson County, the determination of which global patterns — including both challenges and opportunities —will be of greatest importance may represent a key topic of discussion as part of the strategic economic development planning and implementation process now underway. Two areas of added focus are highlighted in the Economic Existing Conditions Report —the changing face of American employment and aging demographics: • With the exception of the five year period ending in 2015, when faster job growth nationally is forecast with economic recovery, at no other point through 2035 is employment growth domestically expected to again come close to the high growth experienced in the 198Os and 1990s. Since 1985, employment growth in the state of Washington has increased more rapidly than nationally, though the in-state advantage in performance has narrowed since 2000. • A second emerging trend of note is demographic. For at least the next 15 years, persons 55 years of age and older will represent the bulk of net population and household growth in the state of Washington. This trend can be expected to affect the economy in ways ranging from housing demand to retail sales to labor force replacement and health care demand. A pivotal policy and marketing question for non-metro areas is over the ability to attract and retain a balanced mix of younger households versus potential service demands associated with an aging population. Washington State &the "Innovation Economy." For the State of Washington, a major shift in economic development emphasis in indicated by the 2009 report of the Washington Economic Development Commission which advocates a shift from what has been described as a traditional approach to economic development to an innovation based economy. This approach suggests investing in talent and infrastructure rather than focusing primarily on attracting companies — and in quality of jobs and per capita incomes rather than simply increasing the number of jobs. For rural communities of the state, investing in internet broadband capability appears to be of increased importance for functions ranging from e-commerce to distance learning and telemedicine to telecommuting and business development. While recognizing economic cluster analysis that has been conducted on a statewide level in the past, this new strategic approach focuses less on clusters and more outcomes — in terms of"high growth, high employment, traded sectors" offering realistic potential to bring new wealth into the state and its communities. However, the strategy does call out specific opportunities for job growth and improvement in sectors including tourism, aerospace and clean energy— together with possible new sectors such as life sciences, information technology, and electronic gaming. JOINT ECONOMIC INTEGRATED STAFF DRAFT DEVELOPMENT STRATEGY 6 OCTOBER 24, 2011 Regional - Local Position of the County, City & Port.While the emphasis of the Economic Existing Conditions Report is on joint economic development planning, it is important to understand needs and opportunities distinctive to the individual jurisdictions of Jefferson County, the City of Port Townsend and the Port of Port Townsend — together with the role of the Jefferson County Economic Development Council/Team Jefferson as the countywide lead organization for economic development: • As a largely rural county, most of unincorporated Jefferson County is characterized by population concentrated in the northeast portion of the county— at the Master Planned Resort of Port Ludlow and the Tri-Area. Quilcene and Brinnonare the largest communities in the southern portion of the county. Other than the City of Port Townsend, Irondale and Port Hadlock comprise the only unincorporated UGA in Jefferson County. Major initiatives that directly or indirectly relate to economic development have included Irondale and Port Hadlock UGA (as the primary regional growth center for the unincorporated portion of the county), the Glen Cove light industrial area LAMIRD (for more intensive rural development including light industrial and commercial activity), Brinnon Master Planned Resort (MPR — being planned), revision to the Port Ludlow MPR (scaling back the commercial but increasing the residential activity), and rezoning of a site at the Jefferson County International Airport (allowing non- aviation related industrial and manufacturing uses). • As the only incorporated city in Jefferson County, the City of Port Townsend has received widespread recognition as a good place to visit and live. While businesses locally have been affected by the economic downturn, the City has maintained revenues over the last three years from diverse sources including sales, lodging and business and occupation (B&O) tax sources. With its Capital Investment Strategy, the City of Port Townsend has prioritized maritime investment, Upper Sims Way and Howard Street improvements and the Fort Worden Life Long Learning Center as three "economic anchors" pivotal to continued community vitality. • The Port of Port Townsend serves all of Jefferson County— operating three marinas, a marine trades industrial area, the Jefferson County International Airport, an RV park, and boat launches at multiple sites. From 2000-08, Port revenue and expenses more than doubled (peaking in 2008) — though the recession has brought subsequent budget reductions in the last three years. Planned initiatives for the future have focused on two areas — harbor and airport improvements. • The Economic Development Council of Jefferson County ("EDC/Team Jefferson") serves as the County-designated and Washington State Department of Commerce authorized Associated Development Organization (ADO) and lead economic development organization in Jefferson County. EDC/Team Jefferson is focusing four key local economic development initiatives — to energize entrepreneurs, attract 18-35 year-old emerging entrepreneurs, encourage JOINT ECONOMIC INTEGRATED STAFF DRAFT DEVELOPMENT STRATEGY 7 OCTOBER 24, 2011 community reinvestment, and developing community leadership. EDC/Team Jefferson has also recently conducted an analysis of key business clusters for priority emphasis in Jefferson County— including advanced technology and manufacturing, arts and culture, education, small business and entrepreneurship, food and farm, health care, maritime, real estate and construction, and tourism and retail activities. Economic Data Assessment The economic data presented with the Economic Existing Conditions Report (see Appendix "A," attached), together with other immediately available resources provided a reasonable basis for proceeding with the joint economic development planning process. While there appears to be a good repository of existing data, additional economic data research and analysis could be considered to: • Address specific questions or provide more in-depth information if requested during the planning process —with possible options including more detailed employment analysis (as for sub-county geographies and/or target business sectors), more detailed demographic and/or housing (including affordability) analysis, and/or benchmark comparison with similar rural amenity communities. • Added update opportunities could encompass such items as incorporation of 2010 U.S. Census results, updated business survey, adjusted employment and associated land demand scenarios, GIS land inventory updating, and/or preparation of an economic development element in conjunction with the next update of County and City comprehensive plans under the Growth Management Act (GMA). Assessment of Strengths, Weaknesses, Opportunities & Threats A final objective of the Economic Existing Conditions Report was to provide a preliminary assessment of strengths, weaknesses, opportunities and threats (or SWOT) affecting the local economy. This preliminary assessment was based upon information compiled from the economic indicator, global to local and data gap assessments provided as part of the baseline report. Strengths & Weaknesses.Economic strengths and weaknesses reflect existing conditions and trends. Countywide strengths include quality of life appeal, proximity to the Seattle metro area, being a recognized visitor destination and having a high proportion of non-locally generated income. Countervailing weaknesses include relatively high and growing service sector needs, long travel times to Puget Sound urban centers, vulnerability to transportation disruptions, and a relatively low wage economy. More specific strengths and weaknesses are noted for the County, City and Port in the full report (see Appendix "A," attached). JOINT ECONOMIC INTEGRATED STAFF DRAFT DEVELOPMENT STRATEGY 8 OCTOBER 24, 2011 Opportunities & Threats. Identified opportunities and threats are forward looking, reflecting a combination of locally determined initiatives plus economic drivers external to Jefferson County. Opportunities of potential importance countywide include value- added visitor services, retirement cluster, advanced technology with broadband capability, and going green. Potential threats that could serve to undermine future opportunities include possible over-dependence on mature travelers, added retiree demands on public services, distance from markets and direct business-to-business client contacts affecting desirability of doing business in Jefferson County, and added costs or uncertainties associated with green development. JOINT ECONOMIC INTEGRATED STAFF DRAFT DEVELOPMENT STRATEGY 9 OCTOBER 24, 2011 III. Our Shared Purpose, Values & Vision The economic health of our community is most effectively pursued in partnership. This Strategy aims to clearly articulate our shared economic mission, and the values that guide us as we work to accomplish our mission. Our Purpose Our purpose is to support and promote a prosperous and sustainable economy, a vibrant business environment, and good job opportunities for the residents of our community. Our Values Shared by all three economic development partners, these values shape and guide us as we work together to serve the wider Jefferson County community: Respect-We respect each other as individuals, listen to understand, and seek to enrich the lives of those with whom we work. Integrity-We never compromise our integrity. To be honest, sincere and reliable is the way we earn each other's trust and build long-term relationships to serve the community. Team - We work together, inspire each other and praiseeach other's successes. Our Vision In Jefferson County, our citizens, communities, neighborhoods, and businesses share a unique sense of local identity and purpose. We care about each other and this community, and recognize our responsibility for the long-term well-being of this place we call "home".As active participants in the life of our community, we are willing to make choices today that will help to shape our future, rather than merely allowing the future to shape us. We recognize that key public investments today will help us to improve and maintain our long-term economic health. Our future economic vitality rests primarily with the private sector, not the County, City and Port governments. Still, our local governments can play an important role in contributing to a robust community. Government can provide the "necessities" that enable individuals and businesses achieve their potential — and they can also assist in preserving those aspects of our community's character and natural environment that make this place unique. JOINT ECONOMIC INTEGRATED STAFF DRAFT DEVELOPMENT STRATEGY 10 OCTOBER 24, 2011 Through this Strategy, the County, City and Port arefocusing their efforts on three keys for our economic future: 1. Developing infrastructure that overcomes our isolation.)n part, our unique quality of life owes its existence to our remoteness. Local government works to develop critical pieces of infrastructure that enable our businesses and communities participate more fully in larger economic markets without compromising our special character. 2. Fostering educational excellence. Good communities depend on good schools for their long-term sustainability and prosperity. We actively collaborate with our schools to provide the highest quality educational programs and support student achievement. With community support, our school districts provide a gateway to vocational and life-long learning programs and choices that enrich lives and sustain our local economy. 3. Maintaining and enhancing our quality of life. Jefferson County is historic, diverse, and blessed with unparalleled natural beauty and rural and small town character. This unique character and setting is why many choose to live here. Our local governments actively work with citizens to preserve our natural environment, sense of rural character, and historic qualities, while helping the private sector to flourish. JOINT ECONOMIC INTEGRATED STAFF DRAFT DEVELOPMENT STRATEGY 11 OCTOBER 24, 2011 IV. Objectives& Strategies The Strategies & Objectives outlined in this section describe the immediate and longer term actions we intend to take to support existing businesses and cultivate an environment in which new enterprises may emerge. Objective #1: Establish short-term strategies that define jurisdictional roles, enhance inter-jurisdictional coordination, and enhance the ability of the County, City and Port to be responsive to emerging economic opportunities. Strategies: 1.1: Work collaboratively to support the prosperity of existing economic centers throughout the County. 1.1.1 Acknowledge that the economies of our communities are interconnected, and that we all benefit from the economic health and prosperity of each community. 1.1.2 Focus economic planning efforts and public investments in existing economic areas (see Figure #1: Diversified Economic Areas, on page 13): • Port Townsend; • Glen Cove; • the Jefferson County International Airport; • Port Hadlock - Chimacum; • Port Ludlow; • Quilcene; and • Brinnon. 1.2: Agree upon a coordinated capital project scheme, and develop a funding strategy and schedule that minimizes inter-jurisdictional competition over limited resources. 1.2.1 Develop and jointly implement a set of criteria to evaluate and rank major capital project priorities county-wide. 1.2.2 Collaborate and support each other in obtaining funding for identified high priority projects. 1.3: Evaluate permittingprocesses to identify and eliminate bottlenecks. 1.4: Continue to work together as a team and seek to communicate more frequently and effectively. To this end: 1.4.1 Our staffs will meet on a monthly basis to monitor progress in achieving these agreements; and 1.4.2 Inter-jurisdictional staff will report on a quarterly basis to an "Elected Team" made up of representatives of all three local governments. JOINT ECONOMIC INTEGRATED STAFF DRAFT DEVELOPMENT STRATEGY 12 OCTOBER 24,2011 Figure #1: Diversified Economic Areas 2011 Joint Economic Strategy Poi Ta nsend Diversified Economic Areas I �P PN Hed1 k(chi,a m _ a —_ 1 s{ �L.dl— rs <E i' I _ s ' � T E n 1.5: As governments that conduct open competitive procurement, our goal will be to advertise and "buy local" and "hire local" when possible. 1.6: Adequately fund the designated Associate Development Organization (ADO), and to establish specific responsibilities and performance measures for the ADO to ensure that taxpayers obtain good value for their investment. 1.7: Focus economic development energies towards retaining existing businesses over the next five years, rather than recruiting new businesses. 1.8: Inventory land available for different types of specific development and use and prepare a strategy to direct development to locations provided with the infrastructure appropriate to support the desired activity. 1.9: Support the ADO in providing access to business management expertisefor new and growing businesses. 1.10: Work together to ensure that affordable, high bandwidth, internet-service is made available countywide. JOINT ECONOMIC INTEGRATED STAFF DRAFT DEVELOPMENT STRATEGY 13 OCTOBER 24,2011 1.11: Share business license data and maintain a shared database of businesses in our community. 1.12: Invest in developing the talent in our local workforce. 1.12.1 Participate in efforts to secure funding for additional workforce training programs. 1.12.2 Develop and fund youth entrepreneur summer programs (e.g., summer internships and apprenticeships). 1.13: Identify complimentary "quick start" projects for each jurisdiction to pursue. This will allow us to coordinate our capital projects in a manner that supports economic development countywide. Agree upon key infrastructure priorities in the north, central, and south county, which may include the following: 1.13.1 The provision of water and fire flow to key areas of the south county (e.g., Quilcene); 1.13.2 Establishment of a passenger only ferry (PoF) service to the Seattle area; 1.13.3 Efforts of the Public Development Authority (PDA) to restore buildings at Fort Worden State Park; and 1.13.4 The provision of industrial space throughout the county. 1.14 Build a long-term institutional culture of County, City and Port economic development and coordination. To this end, the parties agree to take the following actions that foster a long-term culture of inter-jurisdictional collaboration: 1.14.1 Work with the ADO create a "rapid response and business retention team" to assist existing and prospective businesses identify potential site locations, available infrastructure, and permitting requirements. 1.14.2 Jointly host annual "economic summits" to share ideas about how to improve and develop local business, infrastructure, the local workforce, and the health and well-being of the community. Objective #2: Establish medium-term strategies that set the stage for future economic successes. 2.1: Promote an economic future that lies in niche-based, high intellectual content manufacturing, services and innovation. 2.2: Support educational excellence and workforce training as critically important to our economic future. To this end: 2.2.1 Support adequate funding for our school districts and the provision of high quality educational programs that advance opportunities for student achievement; and 2.2.2 Support vocational and life-long learning programs that enrich lives and sustain our local economy. JOINT ECONOMIC INTEGRATED STAFF DRAFT DEVELOPMENT STRATEGY 14 OCTOBER 24, 2011 2.3: Encourage the growth of the following "high priority" components of our local economy: 2.3.1 High technology (i.e., innovation and knowledge based businesses); 2.3.2 Amenity-based businesses (i.e., tourism, arts and culture); 2.3.3 Small manufacturing (e.g., maritime-related) and 2.3.4 Agriculture. 2.4: Provide critical pieces of infrastructure that enable us to more fully participate in larger economic markets without compromising our special community character. 2.4.1 Develop and maintain a short list of key infrastructure projects; and 2.4.2 Actively collaborate to complete selected priority projects over the next five years. 2.5: Jointly explore and support innovative ways to increase access to local capital (e.g., micro loans, bonding, tax incentives and grants). 2.6: Coordinate marketing efforts and brand our community as great place for young families. JOINT ECONOMIC INTEGRATED STAFF DRAFT DEVELOPMENT STRATEGY 15 OCTOBER 24, 2011 V. Joint Regional Economic Development Projects PROJECT DESCRIPTIONS Working together the County, City and Port havedeveloped a list of Regional Economic Development Projects: 14 capital projects and 8 policy initiatives. Brief descriptions of these projects are provided below. Regional Capital Projects Broadband - Install fiber and wireless high speed internet to 36 anchor institutions, then private ISP's. Fort Worden Life Long Learning Center- Support the implementation of the adopted Fort Worden Master Plan that will transform the park into a Center for Life-long Learning. As a Life-long Learning Center, Fort Worden State Park would house a variety of tenants and groups that would offer residential programs and classes. Boat Haven Marine Trades Building —Redevelop the prior Port Townsend Lumber site within the Port Townsend Boat Haven to accommodate a new purpose built, multiple tenant marine trades building. Passenger Only Ferry Service (PoF) -Fund and establish a PoF service between Port Townsend and Seattle. Recently obtained federal funding enables vessel purchase, and Point Hudson terminal improvements. The project would establish a direct maritime transportation link between Jefferson County and the Seattle metro area, facilitating both business connections for Jefferson County residents and enhanced visitor access by Seattleites to Port Townsend. Port Hadlock UGA Wastewater System -Final system design, land acquisition, and installation of wastewater collection and treatment facilities for the UGA. Upon completion, the project is expected to provide increased opportunities for affordable housing as well as commercial activity to help recapture retail sales leakage. JCIA/EPF Eco-Industrial Park Permitting & Infrastructure -Final design, permitting and construction of up to 10 lease-able light industrial lots in a park-like setting, provided with all necessary rural infrastructure. At full build-out and occupancy, the new Eco-Industrial Park would provide the space for the private sector to create 50-100+ new manufacturing jobs in East Jefferson County. Regional Policy Initiatives "Small Business Rapid Response Team" - Establishment of a team to help open doors for local businesses considering locating or expanding in the County or City; the team would provide assistance and support to businesses in securing regulatory approvals from the County or City. The team is intended to deliver the message that JOINT ECONOMIC INTEGRATED STAFF DRAFT DEVELOPMENT STRATEGY 16 OCTOBER 24, 2011 Jefferson County, the City of Port Townsend, and the Port of Port Townsend are open and welcoming to new and expanding businesses. Permit Streamlining Review & Assessment - Critical review and, if necessary, amendment to local permit processing regulations to ensure that development applications are processed in the most fair, timely and predictable manner possible, and that delays and confusion of process do not act as a disincentive to business. Business Leader "Blue Ribbon" Committee -Convene a "Blue Ribbon" Committee of local business leaders (with an emphasis on manufacturing) to study and provide non- binding recommendations to local government regarding the specific land use and infrastructure needs of businesses. The findings of the committee would be factored into the Glen Cove potential UGA expansion study (see below), as well as the ongoing periodic reviews and assessments of local plans and zoning codes, with a view towards streamlining and easing the development review and permitting process. Glen Cove UGA Expansion Study -Establish the analytical and infrastructure planning foundation for expansion of the Port Townsend UGA into Glen Cove. The study would likely not be initiated for a period of years, pending a strengthening of the local economy. Making better use of available industrial land in Glen Cove through redevelopment and intensified use, as well as creating new fully served industrial land, is critical to our economic future; in time, the project could result in significant new opportunities for businesses, as well as expansion of existing enterprises. Water Supply & Demand Study -Examine opportunities to address water supply/demand issues in WRIA 17.A reliable secure water supply is essential for residential, commercial and industrial activities including agricultural production. Education Initiative -Working with local School Districts, private schools, the Jefferson Higher Education Committee and other local and state agencies, the City, County and Port participate as founding partners in the Jefferson County Educational Partnership (JCEP). The JCEP acknowledges that a strong educational system is directly linked to a healthy local economy. The JCEP seeks to inspire civic involvement by building partnerships and engaging in activities that benefit the community.The JCEP is committed to helping students become competent, creative and constructive citizens of our community. The JCEP believes that strong public sector and business support for education makes schools more effective and society more prosperous.The members of the JCEP shares resources with students and schools in the following ways: Y Providing real-world learning experiences; O Supporting teachers; • Offering opportunities for students and teachers to volunteer in support of non- profit institutions; and • Preparing students for the workforce through internships, mentorships, and '... career education. JOINT ECONOMIC INTEGRATED STAFF DRAFT DEVELOPMENT STRATEGY 17 OCTOBER 24, 2011 Healthcare Needs Assessment - The next few years will be times of considerable stress on health care in areas like Jefferson County, but also times of great opportunity, since across the country there are already impressive examples of high-quality care, tailored to the distinctive needs of the local exurban and rural communities. The City, County and Port will assist the Hospital District in assessing both medium and long term health care needs facing our community through coordinated demographic analysis and focused population forecasting. Non-Profit Shared Operations Initiative- Acknowledging the importance of educational not-for-profit's (i.e. Centrum, School of Wooden Boat Building, Jefferson County Historical Society) to both the quality of life and economic vitality of the County and to enhance their continued economic viability, the City, County and Port agree to encourage and assist in the development of a shared services model of operations. Shared services are defined as physical resources, staff, and programs which are governed and allocated over traditional organizational boundaries. PROJECT EVALUATION The projects were evaluated against the six criteria described below to assess their potential to improve local economic conditions. 1. Quick Action —with preference for projects that would have an immediate or near term impact over those with longer term or less certain timelines for implementation. 2. Direct Impact—with projects creating long-term jobs or tax base directly in proximity to the location of the planned project favored over alternatives where impacts are indirect (or cannot be as clearly tied to the public project investment). 3. Jobs —with emphasis on projects that create net added permanent employment or are deemed critically important to retain existing jobs. 4. Priority Target— meaning investments that can leverage high priority economic sectors, high wages and /or added taxable property valuation. [Note: High priority economic sectors have been defined by the draft Joint Economic Development Strategy to include high technology (innovation and knowledge based businesses); amenity based businesses (i.e., tourism arts and culture); small manufacturing (e.g., maritime related); and agriculture.] 5. Private Interest— indicated by projects with demonstrated capacity to leverage private investment and/or have clear expressions of business community support. 6. Community Support— indicated through adoption or official endorsement of the project by elected representatives of the County, City and/or Port, or as JOINT ECONOMIC INTEGRATED STAFF DRAFT DEVELOPMENT STRATEGY 18 OCTOBER 24, 2011 demonstrated via clear community support through a public planning hearing process. Each project was evaluated and scored on a three level rating system, as follows: ® = Definite / Very Likely o = Possible / Uncertain X = Not Likely/ Tangential A more detailed description of how the evaluation criteria and rating system has been applied is provided in Figure #2, below.The table on page 20evaluates and ranks the Joint Regional Projects. Figure #2 ECONOMIC DEVELOPMENT PROJECTS: RATING SYSTEM Rating Quick Action Direct Jobs Priority Private Community Scheme Impact Target Interest Support •=Definite 1 Ready for Direct(at the Definite new or Definite targeted Definitely Adopted by Very Likely immediate project site or in retained sector or high leverages elected body or implementation immediate permanent jobs wage and property private with clear source proximity to the value investment or of public support investment) with clear noted source of public support noted o =Possible/ Long-term Indirect(located Job likelihood Possible targeted Possibly Possible public Uncertain implementation away from the uncertain or of sector or high leverages support and/or investment as temporary wage and property private inclusion in plan spillover benefit) duration value investment or document supported by business community X=Not Likely/ As yet uncertain Tangential or no Unlikely new or Unlikely target or Neither Definite lack of Tangential apparent retained high leverages public support or linkage permanent jobs wage/valuation private clear opposition investment nor from affected engenders public business community support JOINT ECONOMIC INTEGRATED STAFF DRAFT DEVELOPMENT STRATEGY 19 OCTOBER 24, 2011 Figure #3: Project Evaluation & Ranking JOINT REGIONAL EVALUATION CRITERIA COMMENTS PROJECT LISTING (including needs for •=Definite/Very Likely additional information) o =Possible/Uncertain Quick Direct Jobs Priority Private Community X=Not Likely/Tangential Action Impact Target Interest Support Potential Capital Projects Broadband Question of implementation timeframe Fort Worden Life-Long $1 million in public&private Learning Center funding with adopted master plan Boat Haven Marine Trades Supported by local marine trades Building Passenger Only Ferry Service $1.304 million in federal funding (PoF) secured;noted in City/County Comp Plans&Port Strategic Plan Port Hadlock UGA Wastewater Potential for added commercial System to reduce retail sales leakage JCIA/EPF Eco-Industrial Park May need to be scaled or phased Permitting&Infrastructure to the pace of anticipated or demonstrated business demand Potential Policy Initiatives "Small Business Rapid Prior community input,potential Response Team" for quick implementation Permit Streamlining Review& Economic Development Forums Assessment suggest community support Business Leader"Blue Ribbon" Policy rationale w/Port Strategic Committee Plan;could be used to verify or prioritize proposed projects, possibly expanded to City/County Glen Cove UGA Expansion Need for a coordinated public Study process to determine support "Incubator"Space Identification Facilitates entrepreneurship; Study public support not yet determined Water Supply&Demand Study Nature of project/program uncertain from current description Education Initiative Healthcare Needs Assessment Non-Profit Shared Operations Initiative JOINT ECONOMIC INTEGRATED STAFF DRAFT DEVELOPMENT STRATEGY 20 OCTOBER 24,2011 V. Implementation The success of this strategy requires alignment of goals and funding priorities between the three partner jurisdictions. The County, City and Port will collaborate with the designated Associate Development Organization (ADO) and private sector partners throughout the community to implement this Strategy. Oversight and implementation of the Strategy will be managed by a Working Group of Elected officials, comprised of one elected official from each of the three partner jurisdictions, in consultation with the ADO, as described below. Elected Officials Working Group - Made of up one elected official from the Board of County Commissioners, City Council and Port Commission, the Working Group will oversee the implementation of the Strategy and assess the collective progress of the three jurisdictions in meeting the objectives of the Strategy. Inter-Jurisdictional Staff Team — Comprised of the County Administrator, City Manager, the Port Executive Director, the Executive Director of the ADO and their respective staffs, the Inter-Jurisdictional Staff Team will meet monthly to inform each other of significant issues that may affect the other jurisdictions, and to work to implement the objectives and high priority projects outlined in this Strategy. Associate Development Organization (ADO) — the ADO will attend and participate in all Elected Officials Working Group and Inter-Jurisdictional Staff Team meetings, ensuring that local business community interests are represented, and providing facilitation support and meeting moderation, as may be appropriate. JOINT ECONOMIC INTEGRATED STAFF DRAFT DEVELOPMENT STRATEGY 21 OCTOBER 24,2011