2019 Budget Presentation Office of the Development Commissioner - PowerPoint PPT Presentation

2019 Budget Presentation Office of the Development Commissioner Objectives Include: • Business Attraction • Business Retention • External Marketing • Municipal Land Sales • CIP Management • Small Business Enterprise Centre • Physician Recruitment

Achieved Goals for 2018 Office of the Development Commissioner • Ongoing aftercare of industrial residents and business retention – 18 Companies • Attendance at SIAL, NHS, APMA, SIOR, NPE, SIAL INTERNATIONAL & FDI FORUM • Attend SOMA, FedDev, OMCA, ACP, BIA, Chamber events, Western Wardens & Ontario Auto Mayors Events and Activities • Maintained ties to Japanese and German Canadian Chamber(s) of Commerce • Prepared funding applications to sr. government for programs in 2018 * SOMA was successful in receiving ICCI funding • Administered downtown Community Improvement Plan – Intake and Reports • Successful FAM Tour - leading to a future land sale in Woodstock • SOLD $2.451 million in industrial sales • Participated in BIA’s FICE with St Thomas

Achieved Goals for 2018 - continued Office of the Development Commissioner Sale of Lands in Bysham Park • Sale of Land in Commerceway to Viewcon & Ontario Refrigerated Services Inc. • Closed a total of 27 acres of industrial land sales • Presentation to Ontario Government Business Units • Sponsored with SOMA the FDI Consultants Forum in Ottawa • Job Fair – Woodstock (Firestone Employees) • Sitting member of Project Hi-Tech – Robotics Competition •

Projects for 2019 Office of the Development Commissioner • Continued membership in SOMA, Ontario Advanced Manufacturing Communities Alliance, Ontario Food Cluster, EDCO Ontario Real Estate Alliance • Oxford Connection trade show program – SIAL, WMTS and CMTS • Roll out of new Oxford Physician Recruitment Plan • Ongoing promotion of Community Improvement Plan • Assist local companies in achieving their expansion plans • Initiate the sale of the Alyea Farm lands once servicing has been completed • Ongoing maintenance of vacant industrial land • Lease of vacant City-owned industrial land for agriculture • Ongoing Sale of surplus City properties (non-industrial) • Asia Mission • Acquire Additional Land – New Industrial

Changes to Base Budget Office of the Development Commissioner Revenue Accounts Change Proposed Reason Budget Amount 0800-69676-0000 Amount requested from $5,000 $40,000 county increased to reflect increasing costs/activities

Changes to Base Budget Office of the Development Commissioner Expenditure Accounts Change Proposed Reason Budget Amount 0800-84230-0368/0369 Rising cost of $1,075 $30,275 accommodation & airfare 0800-84230-0370 Reflects a move to $6,000 $8,000 bring development website under the City site as a micro site

Changes to Budget Office of the Development Commissioner Land Revenue Account Change Proposed Reason Budget Amount 0801-69309-0000 Increased value of projected $1,000,000 $2,100,000 land sales in 2019