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ECONOMIC DEVELOPMENT FOR

NEWLY ELECTED OFFICIALS

December 1, 2017

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Chris Magill

Economic Development Manager, Ice Miller LLP

Mark Raiff

Superintendent, Olentangy Local Schools

Steve Cuckler

Partner, Taft Stettinius & Hollister LLP

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CONSIDERATIONS FOR

ELECTED OFFICIALSA look at the external and internal influencers

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EXTERNAL ENVIRONMENT

Political and Regulatory• Upcoming elections, candidate plans & policies • Monitoring the legislature• Business regulations, industry challenges

Economic• Unemployment, housing, infant mortality• Workforce: skills and affordability• Access to credit and disposable income • Economic base jobs and companies

Sociocultural • Population demographics• Generational shifts in attitudes, values and beliefs• Health, education and social mobility

Technological• New technologies and research trends• Infrastructure impact (remote working & commuting)• Enabling investments and partnerships

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INTERNAL ENVIRONMENT

Organizational Structure• City Charter, State Agency Structure• Customer service vs. internal interfacing• Staff capacities and alignment with goals• Training and development

Goals & Performance Measures• Review of all existing plan documents• Understanding how success is measured• Understanding challenges

Major Events and Deadlines• Upcoming elections• Annual events • Policy & plan updates; annual reports; performance reviews, capital bill

Budget and Revenues• Review of budget constraints• Review of budget flexibilities• Understanding revenue sources and uses

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INCENTIVE TOOLSPayroll & Jobs

Property

Business Activities

Geography & Industry

Abatement (CRA/EZ)

Redirection (TIF)

Assessment (SID/NCA/SA/TID)

Payroll Tax Credit(JCTC)

Income Tax Credit(MITC)

Income Tax Grant(JGI)

Training Grant(JOWG)

Capital Investment Grant/Loan(JOEDG)

R&D Grants/Loans(JORDC,RDILF, IOLF)

Initiative Incentives (Targeted Industry, FDI, Brownfield)

Federal Zones & Distress(USDA, CDFI, SBA, HUD)

Keys to Incentives Budgets & value limitations Major Factor - Why does this

need public funding? Job Creation? How can sources be

combined? What is my qualitative and

quantitative ROI? What is the risk and

compliance with each program?

Public Infrastructure and Public Projects• Debt/Bond capacity• Public Works• EDA• Broadband• Transportation (ODOT,

FDOT)

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COMMUNICATIONS & ETHICSWhat are limitations for elected officials participating in economic development deals? Economic development projects can involve interactions with the following groups:

• Approval Boards• Private Business (“project owner”)• Internal Staff• Lobbyists• Associations and Non-profits

Resources: Ohio Ethics Commission, Ohio Revised Code 102 (Public Officers) and 149 (Documents, Reports and Records); Ohio Sunshine Laws Manual; Local Executive Order, Local Ethics Policy, Local Ordinances

Considerations• Giving and receiving gifts• Influencing staff/process• Failing to register• Communicating• Transparency and disclosure

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THANK YOUChris Magill

Economic Development Directorhttps://twitter.com/ProfessorMagill

https://www.linkedin.com/in/chrismagill/

https://www.icemiller.com/people/christopher-j-magill/

Chris.Magill@icemiller.com

614-462-1141

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SCHOOL DISTRICTS ROLE IN

ECONOMIC DEVELOPMENT

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SCHOOL FUNDING 101

Ohio’s School Funding

Over-Reliance on Property Taxes

The Need to Build a Diversified Tax Base

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THE NEED TO ENCOURAGE

ECONOMIC DEVELOPMENT Working with Local Leaders to Build Capacity for Agreements

Educating the Community on Benefits of Economic Development

Community-Wide Improvements to Infrastructure

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Mark T. Raiff, Superintendent Olentangy Local Schools

mark_raiff@olsd.us

Twitter: @SuperOlsd

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WHAT IS OUR VISION FOR

COMMUNITY/AREA?

LEAD!

DelawareNow!

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IS OUR COMMUNITY REALLY

COMMITTED TO ECONOMIC

DEVELOPMENT?SPEAKING TO A LOCAL CLUB, MAYOR BUCK RINEHART ASKED WHETHER THE AUDIENCE KNEW HOW A

PIG AND A CHICKEN ARE CONNECTED WITH MAKING BACON AND EGGS.

“THE CHICKEN’S INVOLVED,” RINEHART SAID. “THE PIG’S COMMITTED.”

DelawareNow!

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WHAT DO OUR

CURRENT EMPLOYERS

THINK ABOUT US?

DelawareNow!

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WHAT DO COMMERCIAL

DEVELOPERS/SITE

SELECTORS THINK ABOUT

US?

DelawareNow!

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KNOW YOUR MARKET.

KNOW YOUR COMMUNITY.

KNOW WHAT OTHER

COMMUNITIES ARE DOING.

DelawareNow!

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LAND COSTS

ZONING

ROADS

UTILITIES

DelawareNow!

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CERTAINTY

PREDICTABILITY

SPEED

POLITICAL STABILITY

DelawareNow!

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HOW CAN WE CREATE A

WIN/WIN FOR COMMUNITY

AND PROJECT?

DelawareNow!

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THANK YOU