Expedited Resolution - Council Adopts CEDS [Comprehensive Economic Development Strategy] - Dec. 13, 2010 from Silver Persinger.
On Monday night, Richmond City Council approved Resolution 2010-R186-186 to support the CEDS [Comprehensive Economic Development Strategy] for Richmond, Virginia. The CEDS is a document that is prepared and submitted to the federal government to qualify a local government to apply for federal monies to advance economic development projects that have been identified as desirable by the local government. The CEDS is a result of a $185,000 study, $105,000 was awarded by the federal government as grants in 2005 and 2006 and the city contributed $80,000 in matching funds.
Informal Session - CEDS - Comprehensive Economic Development Strategy Discussion - Dec. 13, 2010 from Silver Persinger.
At 3 o'clock on the day of Council's formal meeting they learned that Resolution 2010-R186 would to be expedited and voted upon that evening. The CEDS report is a 134 page document that was not publicly available for review on the night of the meeting. The report outlines Richmond's plan for Economic Development into the future. There were three main goals that the Strategic Plan advocated. 1. Commercializing Biotechnology/Expanding BioTech Park, public-private partnerships, MCV/Bon Secors 2. Making Old Armstrong High School a specialty school with a focus on bio-tech 3. To purchase land zoned Light Industrial Land in South Richmond to accumulate enough land for some type of industrial park.
Several members felt the paper was being rushed and the Council had not had proper notification or time to review the document prior to voting to support the document.
CEDS - Next Steps & Timeline Discussed @ Informal Session - Nov. 22, 2010 - Richmond, VA from Silver Persinger.
Above, two minutes from the end of the presentation at the Informal Session of November 22, 2010. President Graziano said she wanted to know about the process and wanted to hear more at the next meeting. Vice President Robertson requested a detailed presentation for her next Finance and Economic Development Standing Committee meeting. Peter Chapman said the administration would be bringing a resolution to the Council the following month in December.
Council Presentation on Comprehensive Economic Development Strategy [CEDS] @ Informal - Nov. 22, 2010 from Silver Persinger.
A presentation on the Comprehensive Economic Development Strategy from Peter Chapman and TIP Strategies, a company from Austin, Texas which is interesting because Byron Marshall, Chief Administrative Officer for Richmond, worked in Austin prior to coming to Richmond.