This document provides an overview of economic development considerations for newly elected officials. It discusses external factors like the political/regulatory environment, economic conditions, sociocultural shifts and technology trends that influence economic development. Internally, it addresses organizational structure, goals/performance, budgets/revenues and major events. It then outlines various incentive tools and considerations around their use. Finally, it discusses communications/ethics for elected officials and the school district's role in economic development.

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ECONOMIC DEVELOPMENT FOR
NEWLY ELECTED OFFICIALS
December 1, 2017

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Chris Magill
Economic Development Manager, Ice Miller LLP
Mark Raiff
Superintendent, Olentangy Local Schools
Steve Cuckler
Partner, Taft Stettinius & Hollister LLP

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CONSIDERATIONS FOR
ELECTED OFFICIALS
A look at the external and internal influencers

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EXTERNAL ENVIRONMENT
Political and Regulatory
• Upcoming elections, candidate plans & policies
• Monitoring the legislature
• Business regulations, industry challenges
Economic
• Unemployment, housing, infant mortality
• Workforce: skills and affordability
• Access to credit and disposable income
• Economic base jobs and companies
Sociocultural
• Population demographics
• Generational shifts in attitudes, values and beliefs
• Health, education and social mobility
Technological
• New technologies and research trends
• Infrastructure impact (remote working & commuting)
• Enabling investments and partnerships

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INTERNAL ENVIRONMENT
Organizational Structure
• City Charter, State Agency Structure
• Customer service vs. internal interfacing
• Staff capacities and alignment with goals
• Training and development
Goals & Performance Measures
• Review of all existing plan documents
• Understanding how success is measured
• Understanding challenges
Major Events and Deadlines
• Upcoming elections
• Annual events
• Policy & plan updates; annual reports; performance reviews, capital bill
Budget and Revenues
• Review of budget constraints
• Review of budget flexibilities
• Understanding revenue sources and uses

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INCENTIVE TOOLS
Payroll & Jobs
Property
Business Activities
Geography &
Industry
Abatement
(CRA/EZ)
Redirection
(TIF)
Assessment
(SID/NCA/SA/TID)
Payroll
Tax Credit
(JCTC)
Income
Tax Credit
(MITC)
Income
Tax Grant
(JGI)
Training Grant
(JOWG)
Capital Investment Grant/Loan
(JOEDG)
R&D Grants/Loans
(JORDC,RDILF, IOLF)
Initiative Incentives
(Targeted Industry, FDI,
Brownfield)
Federal Zones & Distress
(USDA, CDFI, SBA, HUD)
Keys to Incentives
 Budgets & value limitations
 Major Factor - Why does this
need public funding?
 Job Creation?
 How can sources be
combined?
 What is my qualitative and
quantitative ROI?
 What is the risk and
compliance with each
program?
Public Infrastructure
and Public Projects
• Debt/Bond capacity
• Public Works
• EDA
• Broadband
• Transportation (ODOT,
FDOT)

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COMMUNICATIONS & ETHICS
What are limitations for elected officials participating in economic development
deals? Economic development projects can involve interactions with the
following groups:
• Approval Boards
• Private Business (“project owner”)
• Internal Staff
• Lobbyists
• Associations and Non-profits
Resources: Ohio Ethics Commission, Ohio Revised Code 102 (Public Officers) and 149 (Documents,
Reports and Records); Ohio Sunshine Laws Manual; Local Executive Order, Local Ethics Policy, Local
Ordinances
Considerations
• Giving and receiving gifts
• Influencing staff/process
• Failing to register
• Communicating
• Transparency and disclosure

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THANK YOU
Chris Magill
Economic Development Director
https://twitter.com/ProfessorMagill
https://www.linkedin.com/in/chrismagill/
https://www.icemiller.com/people/christopher-j-magill/
Chris.Magill@icemiller.com
614-462-1141

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SCHOOL DISTRICTS ROLE IN
ECONOMIC DEVELOPMENT

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SCHOOL FUNDING 101
 Ohio’s School Funding
 Over-Reliance on Property Taxes
 The Need to Build a Diversified Tax Base

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THE NEED TO ENCOURAGE
ECONOMIC DEVELOPMENT
 Working with Local Leaders to Build Capacity for Agreements
 Educating the Community on Benefits of Economic Development
 Community-Wide Improvements to Infrastructure

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Mark T. Raiff, Superintendent Olentangy Local Schools
mark_raiff@olsd.us
Twitter: @SuperOlsd

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WHAT IS OUR VISION FOR
COMMUNITY/AREA?
LEAD!
DelawareNow!

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IS OUR COMMUNITY REALLY
COMMITTED TO ECONOMIC
DEVELOPMENT?
SPEAKING TO A LOCAL CLUB, MAYOR BUCK RINEHART ASKED WHETHER THE AUDIENCE KNEW HOW A
PIG AND A CHICKEN ARE CONNECTED WITH MAKING BACON AND EGGS.
“THE CHICKEN’S INVOLVED,” RINEHART SAID. “THE PIG’S COMMITTED.”
DelawareNow!

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WHAT DO OUR
CURRENT EMPLOYERS
THINK ABOUT US?
DelawareNow!

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WHAT DO COMMERCIAL
DEVELOPERS/SITE
SELECTORS THINK ABOUT
US?
DelawareNow!

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KNOW YOUR MARKET.
KNOW YOUR COMMUNITY.
KNOW WHAT OTHER
COMMUNITIES ARE DOING.
DelawareNow!

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LAND COSTS
ZONING
ROADS
UTILITIES
DelawareNow!

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CERTAINTY
PREDICTABILITY
SPEED
POLITICAL STABILITY
DelawareNow!

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HOW CAN WE CREATE A
WIN/WIN FOR COMMUNITY
AND PROJECT?
DelawareNow!

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THANK YOU