1978-01-23 - Laserfiche WebLink

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323 Resolution re: Economic Development Policy Statement O'Brien. Noes: Mr. Gatewood. WHEREAS, this Council is aware of and shares the concern being expressed in the community for the continued economic health and well being of our city; and WHEREAS, the Council believes that strengthening the City's over-all economy is essential for maintaining Charlottes- ville as a community in which our citizens will want to live and work; and WHEREAS, the Council recognizes that the tax base generated by economic development helps to provide the revenue necessary to support the essential public services and many of the Civic and cultural amenities which have long made Charlottesville a desirable home; and WHEREAS, the City Council agrees that the principal impetus for economic growth must come from private investment and that the business community must assern leadership in this process; and WHEREAS, the City Council recognizes that government actions have profound effects on the conomy of the community, and WHEREAS, the Council deems it appropriate that a clear expression be made at this time of the basic policy of the city government regarding economic development; and WHEREAS, such a policy has been the subject of a public hearing befo~ the Council on December 19, 1977, and has further been develoPed by the Council through discussions with numerous citizens of the community, including a representative group of business and civic leaders who attended a public meeting with the Council on January 9, 1978; Now, therefore, be it RESOLVED by the Council of the City of Charlottesville, that the following goals and objectives constitute the economic development policy of the City of Charlottesville: GOALS TO CREATE A CLIMATE, THROUGH DIRECT AND INDIRECT PUBLIC ACTION, WHICH WILL STIMULATE PRIVATE ENTERPRISE TO EXPAND AND/OR LOCATE IN THE CITY OF CHARLOTTESVILLE IN ORDER TO STABILIZE AND EXPAND THE TAX BASE AND IN ORDER TO PROVIDE PERMANENT JOBS TO MEMBERS OF THE COMMUNITY. TO SEEK AND ENCOURAGE ECONOMIC DEVELOPMENT ACTIVITY WHICH WILL MAINTAIN AND ENHANCE THE QUALITY OF LIFE IN THE CITY OF CHARLOTTESVILLE. OBJECTIVES Keeping businesses presently located in the city from relocating outside of the city; Quickly replacing those businesses which do relocate outside of the city with others of equal or greater revenue or job producing Capacity; Identifying those types of new businesses most likely to want to locate in the city and encourage them to do so, with particular emphasis on encouraging minority-owned businesses; Do Finding economincally productive uses for the remaining tracts of vacant land in the city; g o Stimulating reinvestment in building rehabilitation and expansion to make more productive uses of presently develOped land in the city; and Encouraging activities which will produce increased employment opportunities for citizens of the city. ~ The City Council recognizes that the pursuit of economic development and the quality of life may be conflicting goals at times mn the future. The Council is committed to a thorough evaluation of the cost and benefits to be exacted or realized by this conflict in making future decisions. The Council is further committed to make decisions on the basis of what is best for the City of Charlottesville. The city government has a history of seeking to protect and enhance to quality of life in Charlottesville and will continue to do 'so.