Item:
Title
Update #3 from the Development Finance Initiative on the Pre-development Process for the 300 and 500 Blocks of East Main St. (Presentation and Request for Board Endorsement of Guiding Public Interests) - 30 min
Body
Date of BOCC Meeting: March 8, 2018
Request for Board Action:
Agenda Text
The Board is requested to receive a report from the UNC School of Government's Development Finance Initiative on the Pre-development Process for the 300 and 500 Blocks of East Main Street. More specifically, this report details community input received on the preliminary draft Guiding Public Interests previously discussed with the Board and requests that the Board now endorse these final draft Guiding Public Interests to allow timely progress on this important project to continue.
During the first update (September 5, 2017), the project team reviewed the pre-development process, preliminary draft guiding public interests, stakeholder engagement, parcel/site analysis and next steps for the project.
Update #2 (January 2, 2018) provided another update on the pre-development efforts to date with a more specific focus on the market analysis.
The public engagement process has included numerous meetings that have taken place with community stakeholders to gain input from a cross-section of community interest groups over a period of several months. Most recently, three public forums were also held at various locations in the community and both public and employee web portals were opened to allow for input from a diverse cross-section of the community on the draft guiding public interests previously discussed with the Board. The purpose of this update (Update #3) is to present the final draft guiding public interests for BOCC discussion, to receive any additional input from the BOCC as appropriate, and to request the Board provide endorsement of the final draft guiding public interests as this endorsement is a critical path item for the project work at this ...
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