September 7, 2011

The Economic Development District Board discussed changes to its Public Works Prioritization Process.

The EDD annually identifies the top economic development related public works projects in the region and submits this ranking to the Economic Development Administration for potential funding. However, the EDA has changed the format of the public works prioritzation process to a quarterly grant making process. This improvement is designed to make the program more competitive, transparent, and efficient. The EDD has considered ways to continue participating in this program given the change in format and has decided to continue to do this on an annual basis as part of the Comprehensive Economic Development Strategy prepared for the EDA.

For more information, contact Chris Endresen at 206-971-3269 or cendresen@psrc.org.

The Economic Development District conferred on the results of the initial data gathering effort for the Regional Economic Strategy update.

TIP Strategies presented the draft findings from the occupational and industry cluster analysis and the board discussed how this can inform the new Regional Economic Strategy. Watch the discussion or view the presentation online at psrc.org.

For more information, contact Chris Endresen at 206-971-3269 or cendresen@psrc.org.

In other business, the EDD Board:

• Enjoyed a presentation by Charlie Howard on Transportation 2040 and its connection to the Regional Economic Strategy.
• Enjoyed a presentation by Rocky Piro on VISION 2040 and its connection to the Regional Economic Strategy.