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<br />Lane County’s average wage has lagged behind the national and state averages for over 25 years. The <br />average wage in Lane County in 2009 was $35,475, which is 16 percent below the state average. <br />Similarly, unemployment rates in Eugene have historically remained about the same or slightly higher <br />than the state and anywhere from 1-3 percent higher than the nation over the past 15 years. <br /> <br />Not addressing these issues as part of Envision Eugene will be a missed opportunity to improve <br />individual and family financial security, and may ensure that economic prosperity remains out of reach <br />for many community members for years. Envision Eugene is not the only avenue to address this <br />entrenchment, but it is an important opportunity. <br /> <br />The December 15 work session will begin laying the economic prosperity foundation for responding to <br />this need as a part of Envision Eugene. The council will not be asked to make any decisions during this <br />work session. <br /> <br /> <br />RELATED CITY POLICIES <br /> <br /> <br />Most of the Growth Management Policies are related to Envision Eugene, most notably Policy 16 <br />relates to the topic of Economic Prosperity. <br /> <br />Policy 16 – Focus efforts to diversify the local economy and provide family-wage jobs <br />o <br />principally by supporting local and environmentally-sensitive businesses. Direct available <br />financial and regulatory incentives to support these efforts. <br /> <br /> <br />COUNCIL OPTIONS <br />For discussion only, no formal action is required <br /> <br /> <br />CITY MANAGER’S RECOMMENDATION <br />No action is required on this item. Therefore, no recommendations are offered by the City Manager. <br /> <br /> <br />SUGGESTED MOTION <br />No action is required on this item. Therefore, no motions are suggested. <br /> <br /> <br />ATTACHMENTS <br />A. CRG Worst and Best Outcomes for Economic Development <br />B. JEO Regional Prosperity Economic Development Plan <br /> <br /> <br />FOR MORE INFORMATION <br /> <br />Staff Contact: Lisa Gardner ,541-682-5208/Mike Sullivan, 541-682-5448 <br />Staff E-Mail: lisa.a.gardner@ci.eugene.or.us; mike.c.sullivan@ci.eugene.or.us <br />Project Website: www.envisioneugene.org <br /> Z:\CMO\2010 Council Agendas\M101215\S101215C.doc <br />