REGIONAL ECONOMIC DEVELOPMENT

EFFORTS

Chapel HillInter-City Visit Team

The 5 “C’s” of Regional Economic

Development

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• Cooperation• Clear Expectations• Creativity• Cohesion• Confidentiality

COOPERATION

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COOPERATIONR

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• MOU between both communities– The foundation for the MOU was laid several

years earlier

• Established a 50/50 revenue and cost sharing agreement on the property

• Determined that provision of utilities would be based upon which entity could provided the needed service at the lowest cost

CLEAR EXPECTATIONS

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CLEAR EXPECTATIONS R

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• Listen to what the “customer” wants/needs

• Consultant - “Georgia listened.”

CREATIVITY

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CREATIVITYR

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• Must figure out how to set values on facilities that are split by county lines

• Only facility that we know of that has a jointly issued Certificate of Occupancy

• Bills had to be paid associated with project– One set of bills received for costs incurred– Bills were paid by one entity– Expenses were reconciled quarterly by

financial staff

COHESION

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COHESIONR

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• In the second meeting, three of the primary topics of conversation were education, health care & the local labor market

• Question was asked hospitals about availability of labor

• Community team left the room.

CONFIDENTIALITY

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CONFIDENTIALITYR

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• Community was told from 1st meeting that if the company or consulting teams read their name in the newspaper, we were eliminated

• Common among these types of projects• Increasingly difficult because we had to

bring two in each position to the table• We had to manage information flow

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• At that same meeting referenced in the last section, 1 School Superintendent & 1 Asst. Superintendent were presenting to the company

• Question was asked about number of school buses travelling past the site each day

• Two administrators confessed they did not know which site the company was considering, but would find the answer if the company was willing to share the location with them

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• A competing site had information about the project in the local newspaper within an hour of the company leaving on their final site visit

• Community College representative provided the project code name

• Lots of people made comments to the media about the project

What Can Be Gleaned from This Project?

1. You must have agree on the parameters which will allow collaboration and partnership

2. Simplify the process3. Know who can be counted on in your

community4. Listen5. Understand & Respect Confidentiality

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tBEFORE…

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tPRESENT…

Where Else Are We Collaborating?

1. Georgia’s Innovation Corridor Joint Development Authority

2. Joint Development Authority of Northeast Georgia

3. Innovation Crescent Regional Partnership4. Perspective on Progress (POP) Tour5. Regular Communication

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