CC Minutes - 09/14/09 Joint Elected Officials

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September 14, 2009 Joint Elected Officials Meeting City of Springfield City of Eugene Lane County Page 2 of 14 At the March Joint Elected Officials (JEO) meeting, members expressed interest in holding a Regional Economic Summit to coordinate a collaborative response to the current situation and formed a sub- committee (ED Task Force) for this purpose. At the June JEO meeting, the framework for the development of a regional economic development plan was approved. The framework for designing our next economy included the creation of a Technical Advisory Group (TAG) composed of key stakeholders in our regional economy. (Attachment A was the member list of the TAG). The TAG developed a list of strategies and tactics that they felt the region should strategically focus on to best influence the economic development of our region. The TAG developed the economic development strategies with the following JEO approved goals and principles as guidance: Goal: By 2020, create 20,000 net new jobs in the chosen economic opportunity areas; reduce the local area unemployment rate to, or below, the state average; and increase the average annual wage to, or above, the state level. Mr. Ruiz discussed the principles developed by those subcommittees. Principles: The principles that will guide the development of our next economy were discussed at length by the ED Task Force. Healthy Living – Championing businesses and entrepreneurs that promote a healthy, safe, and clean community while enhancing, protecting, and making wise use of our natural resources. Smart Growth – Encourage a culture of entrepreneurship and re-investment into our local community. Be Prepared – Develop the region’s physical, social, educational, and workforce infrastructure to meet the needs of tomorrow. Local Independence – Promote local businesses and entrepreneurs that lead our area to a higher level of economic independence and resilience. Regional Identity – Create a stronger economic personality that celebrates our region’s attributes and values. The following strategies developed by the TAG established a vision for how the governments, businesses, and community members could work together to help the Eugene-Springfield metro area achieve economic sustainability. They established a framework for decision-making for community partners within Eugene, Springfield and Lane County. The goal was to focus on several things that could be addressed. This was only one part of three for economic development. Create jobs, support existing businesses (each jurisdiction), and look forward to next few years. Mr. Ruiz discussed each of the strategies. Business Retention and Expansion 1.