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02-06-2013AGENDA CITY OF EDGEWATER ECONOMIC DEVELOPMENT BOARD REGULAR MEETING FEBRUARY 6, 2013 8:00 A.M. COUNCIL CHAMBERS We respectfully request that all electronic devices are set for no audible notification. PLEASE BE ADVISED THAT ALL PUBLIC MEETINGS ARE RECORDED AND MAY BE STREAMED ON THE CITY'S WEBSITE 1. CALL TO ORDER 2. ROLL CALL 3. APPROVAL OF MINUTES: Regular meeting of January 9, 2013 4. CITY AND OTHER REPORTS: A. City Manager Update B. Economic Development /Events Coordinator Update C. Planning and Zoning Board Update D. SEVCC Update E. Volusia County Department of Economic Development 5. CONTINUED BUSINESS: A. Updated CEDS Work Plan with Aviation Support 6. NEW BUSINESS: 7. CHAIRMAN AND BOARD MEMBER REPORTS: 8. ADJOURNMENT: Pursuant to Chapter 286, F.S., if an individual decides to appeal any decision made with respect to any matter considered at a meeting or hearing, that individual will need a record of the proceedings and will need to ensure that a verbatim record of the proceedings is made. The City does not prepare or provide such record. In accordance with the Americans with Disabilities Act, persons needing assistance to participate in any of these proceedings should contact City Clerk Bonnie Wenzel, 104 N. Riverside Drive, Edgewater, Florida, telephone number 386- 424 -2400 x 1101, 5 days prior to the meeting date. If you are hearing or voice impaired, contact the relay operator at 1- 800 -955- 8771 , Ei)G ATEq City of Edgewater Comprehensive Economic Development Strategy (CEDS) Strategic Goals, Objectives, and Action Plan Implementation far 2013 (Economic Development Board & Planning and Zoning Board Workshop November 14, 1012) GOAL L EXPANDING BUSINESS AND INDUSTRYINEDGEWA TER The City of Edgewater recognizes needs to diversify and expand its economic base by attracting and sustaining new businesses, industries, and other economic activities that increase and upgrade employment opportunities for local residents, that increase household incomes and standard of living, and that increase local tax revenues needed to provide expected levels of community services to residents and businesses. The City further recognizes the importance of retaining existing businesses and industries and needs they may have to maintain operations and expand. The following objectives are designed to implement this goal. Objective 1.1. Identify Desirable Business and Industry Targets Business and industry opportunities for Edgewater include a range of manufacturing and service activities that relate well to existing economic activities and resources in the City and Volusia County, as well as new and emerging services and technologies associated with the proposed Restoration DRI. The following business and industry clusters are the primary targets for attraction and retention efforts by and on behalf of the City of Edgewater: • Boat Building and Marine Equipment, Supplies, and Services Retention and growth of this leading industry in Edgewater is critical to the economic future of the City. Edgewater has a prominent regional and national role in the industry as headquarters of the widely recognized Boston Whaler brand and as the location for several other boat builders and producers of marine equipment and supplies. • Recreational Equipment, Supplies, and Services. The Edgewater area has several small firms involved in the manufacture of recreational equipment and supplies, including surfboards and auto and motorcycle racing gear. Demand for sporting and recreational goods will increase with a growing regional, state, and national population and growing interest and participation in sports and recreation activities. Recreational assets and generators of demand in the region include the planned East Central Florida Regional Rail Trail, a multi -use trail traversing Edgewater and connecting to Brevard and West Volusia Counties. Edgewater's large presence in the boat building industry, proximity to NASCAR's Daytona International Speedway, and Daytona's reputation as a motorcycle capital makes Edgewater a very marketable location for other sports and recreation related businesses and industries. Option I . Aviation and Aerospace Equipment, Supplies. Service and Technology. Edgewater has a large industrial base in several industries. Introduction of a plan to include more aviation and aerospace businesses currently. Expansion of these and new endeavors should be actively pursued. A relationship with the new Space Florida should be paramount with the City's objectives for the future. DRAFT February 6, 2013 ,��. EDGEWATER option 2 • Aviation and Aerospace Businesses and Technologies. Edgewater is uniquely positioned to proposed Am Tech Business Park at Massey Ranch Airpark with direct airport access provide ideal locations for these companies. Massey Ranch Airpark is also the closest public use airport to economy. • Commercial and Industrial Products and Services. The Edgewater area has a number of firms that produce equipment, components, parts, and supplies for and provide services to the electronics, computer, medical, automotive, aviation, and other industries. The fabricated metal products, machinery, computers and electronics, and medical products industries are leading manufacturing sectors in Volusia County. Broad segments of these industries rely on the type of labor force found in Edgewater. • Green Industries and Technologies. Green industries include a wide variety of energy conservation and environmental protection and clean -up technologies, products, and services, including consulting and design services and energy- efficient building materials and equipment. The proposed Restoration DRI, with its orientation to the use of green technologies, is expected to put Edgewater in contention for a share of these industries, including firms that design, produce, install, and service energy conservation and environmental protection materials, equipment, and facilities. • Entertainment, Recreation, and Leisure Services. Potential commercial access to the scenic hrdian River provides Edgewater with opportunities to attract and develop commercial and marine uses of interest to tourists and that provide entertainment and leisure activities to residents. Desirable waterfront uses include restaurants, specialty retail shops, and marine activities such as charier fishing, sightseeing tours on the Indian River and Intracoastal Waterway, and eco -tours of river and marsh environments. Attraction of non - resident visitors and spending to Edgewater is also a function of types of future commercial development in the Restoration DRI and future development of other travel- related facilities near the I- 95/SR422 interchange. Actions to implement Objective 1.1 include the followin¢: 1.1.6. Investigate use of "green" technologies and new design concepts in making housing more affordable and energy- efficient, and consider adopting land use policies and development regulations that allow and encourage use of these technologies and concepts in the City. ➢ Assigned: Planning and Zoning Board Timeline: End of20I3 DRAFT February 6, 2013 Aviation and Aerospace Equipment, Services, Supplies and Technologies. Edgewater is uniquely positioned to attract aviation related industries to its business parks and general aviation airport. Introduction of a plan to include more aviation and aerospace opportunities by increasing its relationship with Daytona State College, Embry Riddle, and LICF to provide technical training and assistance. The new Space Florida Launch Complex located within 20 miles of the City will provide increased opportunities in these areas. Massey Ranch Airpark with its proposed Aero Tech Business Park is the City's public -use airport an4ihe-elesest- e p ed Sp I aun hs_ ,.l x4aG4-4f . Edgewater's skilled workforce is compatible with new technologies available through Embry Riddle. The high tech jobs created by these industries are high paying and will have a major impact on the local economy. Expansion of existing sites in these businesses and new endeavors should be actively pursued.