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IEVERETT COMPREHENSIVE PLAN <br /> ECONOMIC DEVELOPMENT ELEMENT <br /> le national and global economies have a much <br /> greater impact on the local economy than employ-ment are expected to grow, however, <br /> such employment will not grow as rapidly as <br /> I land use policies or infrastructure investment other manufacturing and service industries <br /> the city might implement. grow.? Orders for Boeing aircraft built in <br /> Everett are heavily influenced by international <br /> I However, there are a three key areas in which orders. As a result of increased auto-mation <br /> the city can take a leadership role to promote and productivity, Boeing's operations are <br /> economic development for the benefit of its becoming less labor intensive. Nevertheless, <br /> I citizens. These are land use (zoning, Boeing is expected to continue as the largest <br /> development standards, permit processing), industry in Everett through the planning <br /> public facility and service investments horizon. <br /> I (utilities, trans-portation improvements, <br /> public safety, etc.), and marketing, <br /> cooperation and coordination with other <br /> I entities (Port of Everett, Chamber of <br /> Commerce, Eco-nomic Development <br /> Council, citizens and property owners, <br /> I businesses, etc.). This element of the <br /> comprehensive plan will focus on these three <br /> areas which are most appropriate as the city's <br /> 111 role in economic development. <br /> 11111 V. General Status of Everett and the <br /> Planning Area Economy <br /> Currently, the Everett economic community <br /> I <br /> is healthy relative to other regions of the state <br /> and nation. For example, in 1992, Everett <br /> received an improved bond rating. Everett <br /> I <br /> has one/seventh (1/7) of the County <br /> population but collects one/fourth (1/4) of the <br /> retail sales tax in the County. In 1990, almost <br /> Ione/half (48%) of all jobs in Snohomish <br /> County were located within the Everett <br /> I Planning Area. The major employer, Boeing, <br /> has enlarged the plant site in Southwest <br /> Everett to begin production of the new 777 <br /> I airliner. The health services field in Everett <br /> has had significant growth in the last couple <br /> of decades. <br /> 1 The Navy has completed initial development <br /> of Naval Station Everett to serve as a port <br /> 16 facility for an aircraft carrier and support <br /> ships. Over time, the area has become more 7 Apogee Research. Background Report for the <br /> Economic Development element of Everett <br /> diverse. Aerospace (Boeing) and related Comprehensive Plan. <br /> ED-3 <br /> I <br />