LEGISLATIVE RESEARCH CENTER
File #: 19-3002    Version: 1
Type: Resolution Status: Passed
File created: 3/4/2019 In control: Economic Development
On agenda: 3/18/2019 Final action: 3/18/2019
Title: Vote on a request to adopt a resolution supporting the NC Carolina Core
Indexes: Comp Plan Goal 3: Promote a compact growth pattern by developing in and near existing towns, communities, and in designated, well planned, walkable, mixed use centers., Comp Plan Goal 4: Diversify the tax base and generate more high-quality, in-county jobs to reduce dependence on residential property taxes, create economic opportunity and reduce out-commuting.
Attachments: 1. Carolina Core Resolution

Title

Vote on a request to adopt a resolution supporting the NC Carolina Core

 

Abstract

Action Requested: Vote on a request to adopt a resolution supporting the NC Carolina Core

                     

Introduction & Background: Carolina Core is a collaborative, regional marketing effort promoting a central region in North Carolina for economic development. The corridor follows US Highway 421 from Winston-Salem to Fayetteville and includes four megasites, two of which are in Chatham County and have significant investment from Chatham County. The area has more than 30 colleges and universities and is a competitive place to do business. The Piedmont Triad Partnership is requesting support of Carolina Core through this resolution. The Chatham Economic Development Board of Directors adopted the resolution on February 12, 2019.

                     

Discussion & Analysis:

 

How does this relate to the Comprehensive Plan: Carolina Core directly promotes Moncure Megasite and Chatham-Siler City Advanced Manufacturing Site, which are identified as employment centers by the Plan. The overall effort to promote the region will positively affect the Central Carolina Business Campus as well.

                     

Budgetary Impact: N/A

                     

Recommendation: Motion to adopt the resolution supporting NC Carolina Core.