BOARD AGENDA ITEM
SUBJECT:
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AR-2025-0153: Discussion and review of the Comprehensive Economic Development Strategy (CEDS).
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DEPARTMENT:
Economic Development
SUMMARY:
The Comprehensive Economic Development Strategy was first adopted in 2010 and underwent a significant revision in 2015. At the November 1, 2021 City Council meeting, the City Manager reported that Mari Rains with UCF was no longer in the position to lead the City’s Strategic Plan Update as originally contracted for $14,500 which was approved at the March 1, 2021 City Council meeting. $30,000 was approved to update the Comprehensive Economic Development Strategy (CEDS) and $30,000 was approved to update the Edgewater CRA Plan. Staff negotiated with Canin Associates to update all three: Strategic Plan, CEDS and CRA Plan for $74,500. There will be visioning outreach including a public community meeting to provide feedback on the existing conditions and future direction of the City with a focus on land development, community spaces and infrastructure. Canin Associates is one of the Planning Consultant Services contract awardees from RFQ-21-DS-12 approved by City Council August 2, 2021. Canin Associates merged with Kimley Horn and Associates in 2023. Kimley Horn has completed the CEDS update which is attached with the 2015 version.
The purpose of the revision in 2025 is to update the document to include the status of achieving each goal within the plan. City staff worked closely with Kimley Horn and Associates to edit the document in 2024. A few notable goals that staff added are included below:
Based upon the feedback received from the comprehensive plan community workshops, City staff would recommend the elimination of Policy 2.1.10, 2.1.13, 2.1.14. Staff believe the other policies proposed align with the vision for the community.
RECOMMENDED ACTION:
None.