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File #: 22-0600    Version: 1
Type: Agenda Item Status: Approved
File created: 3/23/2022 In control: Board of Supervisors
On agenda: 4/19/2022 Final action: 4/19/2022
Title: Planning and Building Department, Economic Development Division, recommending the Board approve minor revisions to Board of Supervisors Policy J-7, Economic Development Incentives, and to update the sunset review date. FUNDING: N/A
Attachments: 1. A - J-7 Economic Development Incentives_Clean, 2. B - J-7 Economic Development Incentives_Redline
Related files: 20-0467, 14-0171, 13-1579
Title
Planning and Building Department, Economic Development Division, recommending the Board approve minor revisions to Board of Supervisors Policy J-7, Economic Development Incentives, and to update the sunset review date.

FUNDING: N/A
Body
DISCUSSION / BACKGROUND
In accordance with Board of Supervisors Policy A-1, Policies, the sunset review date for Board Policies is four (4) years from the approval date or last update. The Planning and Building Department, Economic Development Division (Department), staff have reviewed Board of Supervisors Policy J-7, Economic Development Incentives, and are proposing minor revisions in order to clarify certain criteria and procedures.

At the December 17, 2013 Board of Supervisors meeting (File No. 13-1579, V1, Item No. 7), the Board directed staff to prepare an Economic Development Incentive Policy to include incentive tools designed to attract, support and expand economic development within the County of El Dorado. The use of incentives is referenced in the Economic Development Element of the 2004 General Plan and is a common economic development practice.

On February 11, 2014, (File No. 14-0171, V1, Item No. 33), the Board approved Policy J-7, Economic Development Incentives. The J-7 Policy is an overall statement of intent that the County will consider economic development incentives as part of a broader strategy of business attraction. The policy indicates that detailed procedures to implement the policy will be developed.

On February 10, 2015 (File No. 14-0171, V2, Item No. 6), the Board extended Policy J-7, Economic Development Incentives, with an expiration of the policy at the end of nine months (November of 2015). Due to the drafting of the County's Economic Development Strategic Plan and the need for greater policy research, the J-7 Policy was allowed to expire in November of 2015, its adopted sunset date.

On April 19, 2016 (File No. 14-0171, V3, Item No. 31), the Board reinstated Policy J-7 with a new s...

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