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Attachment C <br /> Planning Study Minimum Requirements <br /> COMMUNITY ECONOMIC REVITALIZATION BOARD <br /> The planning study must contain the following minimum requirements: <br /> a. A product market analysis linked to economic development. <br /> b. A market strategy containing action elements linked to timelines. <br /> c. Identification of targeted industries. <br /> d. Identification of the group responsible for implementing the marketing strategy. Describe <br /> the group's capacity to complete the responsibility. <br /> e. The site's appropriateness by addressing, at minimum,appropriate zoning,affect to the <br /> state or local transportation system,environmental restrictions, cultural resource review, <br /> and the site's overall adequacy to support the anticipated development upon project <br /> completion. <br /> f. A location analysis of other adequately served vacant industrial land. <br /> g. Total funding for the public facilities improvements is secured or will be secured within a <br /> given time frame. <br /> h. An analysis of how the project will assist local economic diversification efforts. <br /> Indicate the specific issues that will be addressed. <br /> j. List one or more economic outcomes that you expect from the proposed CERB project. <br /> k. Describe the specific, quantifiable measures of the outcome(s) that will indicate success. <br /> Describe in measurable terms what you expect to be able to show as progress toward the <br /> outcome for each year before the whole outcome has been achieved. <br /> I. Describe what data you will collect to determine whether the outcome is being achieved. <br /> m. Describe the data collection procedure including when data will be collected,from whom <br /> and by whom. <br /> n. The estimated median hourly wage of the jobs created when development occurs. <br /> o. If the project is determined to be feasible,the following information must be provided <br /> within the final report: <br /> 1. Total estimated jobs created (in FTEs). <br /> 2. Describe benefits offered to employees. <br /> 3. Describe the median hourly wage of the new jobs in relation to the median <br /> hourly county wage. <br /> 4. The county three-year unemployment rate in relation to the state rate. <br /> 5. County population change in the last five years. <br /> 6. The estimated jobs created represent what percentage of the county's labor <br /> force. <br /> 7. The estimated jobs created represent what percentage of the county's <br /> unemployed workers. <br /> 8. Estimated new annual state and local revenue generated by the private <br /> business. <br /> 9. Estimated private investment generated by project. <br /> CERB Planning Contract Page 123 <br />