HomeMy WebLinkAbout961651.tiff RESOLUTION
RE: APPROVE SUPPORT FOR A REVISED ENTERPRISE ZONE PLAN WITHIN THE
CITY OF GREELEY AND WELD COUNTY
WHEREAS, the Board of County Commissioners of Weld County, Colorado, pursuant to
Colorado statute and the Weld County Home Rule Charter, is vested with the authority of
administering the affairs of Weld County, Colorado, and
WHEREAS, State Senate Bill 96-193 amended the Urban and Rural Enterprise Zone
Act to establish new eligibility criteria for enterprise zones in Colorado, and
WHEREAS, the Urban and Rural Enterprise Zone Act provides incentives for private
enterprise to expand and for new businesses to locate in economically depressed areas of the
State, and
WHEREAS, a sub-area identified in the September 1996, Enterprise Zone Development
Plan, known as Exhibit "A", has been identified within the City of Greeley and Weld County
which meets statistical eligibility for inclusion in the State's Urban and Rural Enterprise Zone
Program, and
WHEREAS, a primary goal of the Weld County Board of County Commissioners is to
promote economic development and increase job opportunity, and
WHEREAS, the revision of the Enterprise Zone within the City of Greeley and Weld
County will provide further incentive for business and industry to locate in Weld County.
NOW, THEREFORE, BE IT RESOLVED by the Board of County Commissioners of
Weld County, Colorado, that Weld County does hereby support the revised plan of the
Enterprise Zone within the City of Greeley and Weld County for the purpose of stimulating
economic development and employment opportunities for citizens.
961651
LC : ED,9P /-/ BC0025
RE: REVISION OF ENTERPRISE ZONE PLAN
PAGE 2
The above and foregoing Resolution was, on motion duly made and seconded, adopted
by the following vote on the 18th day of September, A.D., 1996.
BOARD OF COUNTY COMMISSIONERS
WELD COUNTY, C/OLO D
•wN I'. Le% ' Barb a J. Kirkmeyer, hair
►t W- d , C &to the Board //
'1�y��s
II 1881 � eorg aBaxter, P -Tem
4.
Imo'=��' %��� , ,
'"
.' •t��itl�.. :� �o the Board
, e.e..-,
Vol
r �: \ �'11 Dale K:Hall
APPROV€DAS TO F ��O�J1s- te,, ��r
AL
W. VV
961651
BC0025
EXHIBIT A
Greeley-Weld County
Enterprise Zone Development Plan
September, 1996
INTRODUCTION
As the Enterprise Zone (EZ) administrator, the Greeley/Weld Economic Development
Action Partnership (EDAP), is submitting this updated EZ Development Plan in support of
our request for EZ re-certification. It is submitted on behalf of the City of Greeley, Weld
County and the various Weld communities listed below:
Ault Erie Ft. Lupton
Gilcrest Greeley Hudson
Johnstown Keenesburg Kersey
La Salle Mead Milliken
Nunn Platteville Tri-Area
Windsor
In preparing this update of the original EZ plan we worked closely with various town
representatives and utilized available comprehensive plans from the towns and Weld
County. Ann Garrison, Associate Professor of Economics at the University of Northern
Colorado, also provided additional demographic information and analysis utilized in this
update.
EZ Development Plan Outline:
Section 1 — Economic/demographic trends throughout the county and existing
bathers to development within the zone.
Section 2 — Impact of the zone in Greeley/Weld County.
Section 3 — Business development/job creation objectives.
Section 4 — Sub-zone boundaries including overall boundary rationale, maps,
specific concerns/barriers and opportunities.
Section 5 — Greeley/Weld EZ Contribution Projects including goals, objectives,
strategies and a preliminary list of approved projects.
961651
SECTION ONE
ECONOMIC/DEMOGRAPHIC TRENDS AND BARRIERS TO DEVELOPMENT
THROUGHOUT WELD COUNTY AND EZ
While on the surface the overall Greeley/Weld County economy seems to be strong and
prospering, closer analysis reveals numerous disturbing trends/barriers that warrant
concern and action. Outlined below are five of the most important barriers/trends:
1. Oil/Gas and Agriculture Decline —
Historically the Weld County economy has been deeply rooted in agriculture (farming and
raising livestock) and oil and gas exploration. Both of these industries are, and will
continue to be, important to the county. However, they both tend to be very volatile
resulting in prosperous years and then extremely lean years.
Weld County is one of the most important agriculture producing counties in the state and
nation. However, this position is slipping as the county becomes more urbanized (the
most productive ag land is also some of the most attractive land for development) and the
population less tolerant of ag activities. According to the 1992 Census of Agriculture, there
were 2,902 farms in the county as compared to 1982 when there were 3,059, and there were
5,347 fewer acres being farmed. At the same time however, the value of the products raised
and total production has stayed the same or increased.
Oil and gas activity has historically been an important wealth generator for the county as
well. While Weld ranks as the second highest producing county in Colorado, the industry
has seen sharp declines in new drilling. These declines have caused major losses of
income in rural areas for which Greeley is one of the primary service centers, and have
had a very negative impact on the county tax base. Both productivity and price are taken
into consideration when determining the assessed valuation and therefore taxes due from
oil/gas activity. Due to the volatile world market, oil/gas prices in Weld County have
dropped dramatically over a very short time period. For example in 1989-90, 33% of the
county tax base came from the oil/gas industry because productivity and price were high,
as compared to only 25% of the county tax base three years later when the price
plummeted.
In addition, wells in the Wattenburg field (the primary field running through portions of
the county) have a life span of 10-20 years. The bulk of these wells are reaching this life
span and over the next five years we will be seeing permanent declines as this field begins
to shut down.
As we continue to deplete both of these non-renewable resources (high-quality irrigated
land and oil/gas), and looking at long-term trends/activities occurring in both industries,
it is critical that we further diversify our economic base. While we have achieved some
economic diversification over the last several years, further transition away from
agriculture and natural resource extraction toward an economic base relying more heavily
on high-tech manufacturing offers the most viable method of combating low per capita
income levels and insuring that residents have viable job opportunities in the future.
961651
2. Poverty Levels/Low Income —
Low per capita income, as compared to other Front Range and Metro areas continues to be
of major concern. The Weld County 1990 per capita income was $11,350 (Greeley's was
$11,433) as compared to the state average per capita income of $14,821. Weld County
posted the lowest per capita income level of any northern Front Range orMetro county.
This is further illustrated when reviewing the federal empowerment zone application
process that Greeley participated in in 1994. While the Greeley area did not receive
empowerment zone designation, Greeley was one of only three communities within the
entire state that was distressed enough (low per capita income and high unemployment) to
even apply for the designation.
In 1980, Weld's per capita income was 0.81% of total personal income. By 1990 the per
capita income in the county had fallen to 0.76% of total personal income. For the state and
surrounding counties (Adams, Larimer, Boulder), the per capita income remained a
constant percent of total personal income over the same time period. Therefore, in terms
of personal income, overall population growth has benefited the state more than Weld
County, primarily because of our lower wage scales. Weld County workers did and do
continue to work for wages that are below the averages for the state and counties along the
front range. In 1995 the average annual wage in Weld County was $23,467. The state
average annual wage was $27,122.
Weld County's percent of total state per capita income earned has also declined while
income earned in Boulder and Larimer Counties has increased. While income earned in
Adams County has also declined, it has not declined as much as in Weld County as the
below chart shows.
PERCENT OF STATE PER CAPITA INCOME:
Adams Boulder Larimer Weld
Year County County county County
1970 87.49% 105.50% 80.27% 88.38%
1980 86.44% 106.68% 86.38% 88.33%
1990 80.34% 112.28% 89.74% 78.77%
The 1990 Census showed Colorado with a poverty rate of 11.7%. At the same time
Greeley's poverty rate was 19.5% and Weld County was at 15.4%, which was an increase of
9.1% over the poverty rate in the 1980 Census. Pockets of very high poverty exist
throughout Weld County as shown in Exhibit 1. Poverty was especially high for female
head of household families. There was a 308% increase between 1980 and 1990 in the
number of female head of household families below poverty.
Income levels haven't kept pace with higher cost of living resulting in higher poverty
levels. In March, 1992, Greeley was reported by the National Association of Home Builders
as the most affordable place to live in the entire western U.S. Almost 78% of the homes
for sale at that rime were within reach of a family earning the city's median income, and
housing costs were lower here than other Front Range communities. Today, only 55.6% of
961651
the homes for sale are within reach of a family earning the city's median income. This
example holds true for the bulk of the county as well. Lack of affordable housing is critical
and illustrates our escalating cost of living.
3. Cultural Diversity Issues —
The cultural diversity found in Weld County has been a blessing and a curse. In 1990, 21%
(20.86% being Hispanic) of the Weld population was minority, up from 18% in 1980 (see
Exhibit 1). This rate is much higher when compared to the state at 12.7% and surrounding
counties: Larimer - 6.4%, Boulder - 6.7%, and Adams County - 18.2%. The large inflow of
seasonal and migrant workers needed each year to harvest the labor intensive crops grown
in the area provides additional challenges.
In 1990, 33% of the children enrolled in Greeley public schools, the largest school system in
the county, were minority (the majority being Hispanic). This minority population
increased to 38% in 1995. In 1992, 35% of the students had applied for free or reduced
lunches, which increased to 41% in 1995. In tracking these statistics further, it showed that
the minority children and children eligible for free or reduced lunches tended to be the
same. The same types of statistics can be found in the school districts throughout the
county.
While this diversification offers a rich cultural experience, it also presents unique
challenges such as a significant language barrier, which prevents a smooth transition into
and up through the labor market. Unfortunately the percent of people with the inability to
"speak English well or not at all" was 53% higher in 1990 than in 1980. Most of these
people speak Spanish.
Additional challenges include a strong cultural difference regarding the importance of a
formal education. Weld County's educational attainment level in 1990 was lower than
the state educational attainment level and the attainment level of the Northern front
range counties:
Percent of Population 25 and over
High School Bachelor's Degree
Degree or Higher or Higher
Colorado 84.4% 27.0%
Adams County 78.8% 13.0%
Larimer County 88.6% 32.3%
Boulder County 91.3% 42.1%
Weld County 74.9% 18.4%
Of the 77,777 people 25 years of age and older in Weld County in 1990, 12% had less than a
9th grade education which is up from 9% in 1980. Only 30% had a high school degree.
Lower educational levels typically result in wide disparity in per capita and family income
levels as compared to the population with a higher educational level. With lower county
educational attainment levels, it becomes even more difficult to attract companies who
offer the opportunity for higher paying jobs but also need higher educational/basic skill
levels in employees.
961651
4. Labor Force Availability and Quality—
We must have a high quality "product" to offer if we are going to be successful in attracting
the high-tech employers who will provide the opportunity and diversification this county
needs to combat low income levels. The lack of an available labor force proficient in
educational basics (reading, writing, basic math, etc. ) is in direct conflict with efforts to
attract this type of higher quality job opportunity.
The cost of supplemental training to upgrade basic skill levels is extremely high. However
this is being addressed in Weld County through the 'Work Keys" program administered
through Aims Community College. The three components to the Work Keys system are:
job profiling to determine the basic skills that jobs require, skill assessment to determine
the basic skills individuals possess, and training to help learners/employees improve their
skill levels enabling them to successfully find employment. In addition, a group of area
employers have formed the Northern Colorado Workforce Alliance to further work with
area schools to combat this problem long-term.
In 1980 the Weld County average unemployment rate was 6.9% which has improved to
4.8% in 1990. So, while in general unemployment has seen improvement, there are still
areas where high unemployment is of major concern. Of the 34 Census tracts throughout
the county, nine tracts around and including eastern Greeley and Ft. Lupton had an
unemployment rate greater than 7.18%. In 1990, and three tract areas
(Keenesburg/Roggen, Grover/New Raymer, and Mead/Milliken/Johnstown) had a higher
unemployment rate in 1990 than in 1980. Nine of the 28 Weld communities (Ault,
Dacono, Ft. Lupton, Garden City, Gilcrest, Johnstown, Mead, New Raymer and Severance)
had an unemployment rate in excess of 7.18% in 1990.
While we have had some recent success in attracting employers to the County, the bulk of
the new jobs being created have a starting pay in the range of $6.00-9.00/hour which isn't
high enough with our current cost of living. Competition for the higher paying, more
skilled positions ($12.00/hour +) is intense. To be successful in attracting/retaining higher
quality jobs, we have to overcome several issues including: lower education/skill levels
in a smaller labor pool; a smaller population base to draw labor from; lack of public
infrastructure and attractive high-tech site locations; and the perception that Weld County
can only support agriculture and oil/gas activity.
5. Lack of High Quality Industrial Locations —
In order to compete for the high-tech. employer of the future who offers higher paying job
opportunities, we must have a high quality product (land, building infrastructure, labor
pool, housing, amenities, etc.) to offer. While we do have several industrial locations, we
have found that most of these locations simply don't offer the amenities, neighborhood
and quality that these high-tech companies are looking for.
Currently there is available industrial property located on the eastern side of Greeley
/Evans along the Highway 85 corridor from Eaton south to Ft. Luton. This corridor
typically attracts heavy, ag related industrial users. While there will always be a market
961651
for this type of industrial product, in order to further diversify our employment base, we
must cost effectively offer more high-tech site locations. Existing fully-developed parks
that may come closer to filling this need include the Windsor Tech Business Center,
Frederick West Business Park, and the Del Camino Business Park located in south Weld
County.
The Tri Pointe Business Park and Hewlett Packard Business Park in Greeley, are two
locations that offer an opportunity to provide a high-tech park of the future with all of the
amenities. However, further infrastructure development is a primary hurdle in both
cases.
Developing this type of product is not only costly, but time consuming. Finding the
owner/developer who is willing to make the necessary investment in land, public
infrastructure, etc. is difficult at best, but becomes even more risky in a community the size
of Greeley and the various small towns throughout the county.
Another major hurdle is that most of the small towns throughout the county don't "show
well" primarily due to blighted neighborhoods, dilapidated business districts, and lack of
sufficient community amenities and infrastructure to attract key company employees.
961.0 51
SECTION TWO
IMPACT OF THE EZ IN WELD COUNTY
While we still have a great deal of work to do in improving the Weld County economy,
there has been important progress and the EZ was one of several important development
tools utilized that impacted our progress.
Since 1988 we have processed 809 EZ certification forms from employers throughout the
county (many companies were eligible to take credits more than one year). These
companies have invested approximately $841.73 million, earned $24.762 million in credits
and created 4,817,new jobs (see Exhibit 2). Other benefits of the EZ are summarized below:
1. One of the factors considered in the location of at least 38 new primary sector employers
to Weld County and the expansion of as least 23 existing employers since 1990 (see Exhibit
3). This activity has improved the economic diversification of the county.
2. Instrumental in the development of 29 acres of industrial zoned land throughout the
county, of which approximately 14 acres have been purchased. This improved public
infrastructure has enhanced successful competition for important industrial/commercial
projects which have benefited the entire county as well as the EZ.
3. Instrumental in on-going efforts to capitalize on the inter-dependency of the numerous
towns throughout Weld County through the development/maintenance of a cost-
effective county-wide economic development agency.
4. The EZ has allowed for increased, comprehensive, cost-effective marketing of Weld
County, and specifically the EZ, in conjunction with the state. Since 1990, we have
participated in 47 trade shows/missions resulting in approximately 90 leads and 38
locations.
5. Instrumental in the development of numerous public/private funding partnerships
established to fund a variety of community development projects important to the area's
long-term success in attraction/retention of primary employers (see Exhibit 4).
961.651
SECTION THREE
WELD COUNTY BUSINESS DEVELOPMENT
&JOB CREATION OBJECTIVES
The primary economic development objective for Weld County, including the EZ, is to
grow/attract and retain a high-quality, diversified primary sector industrial base made up
of growth industries of the future. We are targeting not only industries that compliment
the area and companies that we have a realistic chance of getting, but also those who offer
a higher quality job opportunity (>$12/hr. plus benefits) (see Exhibit 5). Equally important,
we are working closely with key existing primary sector employers to insure these
companies continue to grow in the county.
While we have had some success in attracting jobs/investment over the past several years,
our limited success in attracting employers offering higher quality jobs has, in part,
negatively impacted residents' ability to share equally in the economic growth of the area.
Weld County finds itself in a vicious circle of needing to diversify through the attraction/
retention of high-tech, quality employers of the future, and having limited success due in
part to the lack of high quality site locations and the quality of the labor force we have to
offer. And, we cant attract a higher quality labor force,.which would increase our success
in attracting higher quality employers, because of the current jobs that are available.
We will continue to work on various opportunities to develop high quality, marketable
industrial site locations. For several key locations identified in this plan, the primary
hurdle is the cost of further infrastructure development. In addition, the "Work Keys"
program previously discussed is one example of efforts to improve/upgrade local
workforce educational skills.
In addition to our local efforts, and hopefully success in these two primary areas of
concern, we do need all the assistance we can get to level the playing field in order to be
successful in attracting the higher quality employer. Through increased diversification of
our economy we will begin to achieve a balance between ag/oil and gas and non-ag/oil and
gas influences which should create more opportunities for existing residents to benefit
from economic growth in the area primarily through higher quality job creation.
While we believe that successfully meeting our agency goals and objectives will benefit the
entire county, including the areas within the EZ, meeting these goals will not guarantee
that EZ eligible areas will no longer be distressed. While the various EZ benefits provided
to businesses do increase the opportunity for improvement in the area through increased
jobs and capital investment, it does not guarantee improvement. Therefore, the Weld
County EZ job creation and business development goals and objectives are:
1. To lower/maintain the unemployment rate for any Weld census tract, census place,
block group(s) to at least 125% of the state average unemployment rate, and/or;
2. Raise/maintain the per capita income for any Weld census tract, census place, block
group(s) to at least 75% of the state average per capita income.
961651
SECTION FOUR
WELD COUNTY EZ SUB-ZONE BOUNDARIES AND RATIONALE
The county is divided into 16 EZ sub zones as shown in Exhibit 6. In addition to the
general county-wide and EZ issues discussed under sections 1, 2, and 3, if appropriate,
additional specific information has been provided for each sub zone, along with a map
showing existing EZ boundaries and a map of new boundaries. Statistical verification of
distress under EZ guidelines is also included in Exhibit 1, along with additional distress
indicators.
Weld County does not meet distress criteria based on county-wide data. Eaton, Erie, and
Windsor are the only towns that don't meet EZ distress criteria as a Census Place,
however, one block group in Erie does qualify. All of eastern Weld County (Tract 25.01
and 25.02), the remaining small towns, and a large portion of eastern Greeley, do still meet
distress criteria (see Exhibit 7).
There are several communities that meet EZ distress criteria but chose not to be part of the
zone including: Pierce, Severance, Dacono, Grover, Evans, Lochbuie, and New Raymer.
Of these five towns, Dacono and Evans are the only towns that currently have EZ
designation. Eaton and the Del Camino area currently have EZ designation, but no longer
meet distress criteria, therefore are not included in our updated plan (see Boundary
Deletion tab).
As a result of these deletions and others discussed under the appropriate sub zone,
numerous key primary sector employers will no longer be eligible to earn state tax credits
including: Kodak Colorado Division, Tenneco Packaging, Universal Forest Products,
Metal Container Corporation, Gerard's French Bakery, Hauser Flavor Extracts, Harsh
International, State Farm Insurance, DOVatron International, Monfort Corporate offices,
McLane Western, and Platte River Steel. We will be investigating the possibility of getting
"grandfather" designation for eligible company acitivties as outlined in the legislation.
Towns throughout the county utilize comprehensive plans which identify and govern all
land use. Many of these communities have recently completed, or are in the process of
updating these plans. The towns have also recently been working with Weld County to
establish reasonable urban growth boundaries to preserve important agricultural land and
discourage sprawl development.
In order to discourage urban sprawl, protect important ag lands, focus growth near towns
where infrastructure is more likely to exist and growth is desired, and because the Weld
zone is an urban zone, we have focused EZ boundaries to town limits. As in the past,
when located in a qualifying tract (i.e. Ault, Ft. Lupton, Gilcrest, LaSalle, Hudson,
Keenesburg, Greeley/Evans - See Exhibit 7) we have included important industrial land
adjacent to that town if appropriate.
With our original EZ designation, in order to stay within the 50,000 population criteria, we
weren't able to include the entire qualifying town which resulted in confusing zone
961.651
boundaries that were difficult to identify and effectively market. With the increase of the
zone population criteria to 80,000, and in an effort to more clearly and easily define zone
boundaries, we are proposing that the entire qualifying small town be included in the EZ
unless otherwise noted. Utilizing this philosophy, the total size of the Weld EZ is still
decreasing from approximately 89 square miles to 65 square miles.
We have requested EZ boundary exceptions to include important industrial land identified
below. Additional information and maps are included with the appropriate sub zone
information. These boundary exception areas are not located within a tract, census place or
block group(s) that meet distress criteria, but are critical to include in order to more
effectively impact the distressed areas of Weld County that do qualify for EZ designation.
These areas represent our best opportunity to attract the high-tech employer of the future
which will further diversify our economic base and provide the opportunity for higher
paying jobs.
Hewlett Packard Business Park — Greeley/Evans Sub Zone
Golden Triangle Business Park — Greeley/Evans Sub Zone
Windsor Industrial Land -- Windsor Sub Zone
Golden Technology Property — Johnstown Sub Zone
Hwy 66 & I-25 Industrial Land — Mead Sub Zone
All of the communities throughout the county have been contacted regarding
participation in the EZ recertification process. Under the appropriate sub zone
information, you will find that most communities have provided approval for EZ
participation in the form of a Memorandum of Understanding with EDAP. Due to the
timing of some council meetings, and the relatively short time frame required in
preparing this plan update, we weren't able to receive documentation from all of the
communities'. However, all of the communities have verbally approved their
participation. We do request additional time to receive the remaining documentation
which will be forwarded upon receiving.
961.651
SECTION FIVE
GREELEY/WELD COUNTY EZ CONTRIBUTION PROJECTS
September, 1996
G0 • S, OBJECTIVE'S AND STIiATEGIES—
Collaborative efforts with various non-profit agencies, organizations and governmental
bodies is important and encouraged to insure that a positive business climate exits
throughout the county, and that necessary foundations for sustaining a viable economy
are established and fostered.
The following community development objectives are important foundations necessary to
successfully implement the EZ economic development plan and meet established business
development and job creation goals county-wide. These objectives, as appropriate, will be
utilized in administering the contribution projects portion of the EZ.
Attached is a preliminary list of contribution projects that we intend to solicit or accept tax-
credited contributions. This list includes a description of the project, the date of approval
and its purpose as it relates to the zone's economic development plan. -
community Development Objectives —
1. Industrial Park Development — the need for high quality, fully-developed industrial
sites that are reasonably priced persists. Encouragement and assistance will be given to
development projects.
2. Public Infrastructure Development — continued development of public infrastructure
throughout the county is necessary in order to provide services (water, sewer, road,
telecommunications, etc.) to meet growing existing company and potential new company
needs. In addition this infrastructure is necessary for the development of key community
foundations (i.e. industrial parks, affordable housing, etc.), which is critical for successful
business development.
3. Labor Force Development — With the rapid technology changes being implemented by
existing and new employers, it's critical that the existing labor force master basic skills such
as reading, writing, math, listening, etc. This basic knowledge will enable enhanced
secondary training necessary for today's job performance.
4. Blight Rehabilitation — Blighted areas throughout the county (i.e. downtowns,
Greeley/Weld Airport corridor, etc.) will be targeted for physical rehabilitation and
economic revitalization which will improve quality of life and community appearance.
5. Affordable Housing Development — Affordable housing must be available in order to
attract and retain a viable labor pool for area employers. Encouragement and assistance
will be given to development projects.
961 E51
6. Child Care Services — Affordable, high-quality child care alternatives must be available
in order to encourage parents to enter the labor force. Encouragement and assistance will
be given to development projects.
7. Homeless Services — Child care, job placement, or counseling services for homeless
persons in emergency, temporary, or transitional housing is vital in making it possible for
these persons to enter the labor force and become contributing members of our society.
Assistance and encouragement will be given.
8. Business Support Services — Services that assist businesses create/retain employment
and increase investment in our local economy are important and will be supported.
9. Publicly Sponsored Facility Development—Quality of life issues can be key factors in a
company's decision to locate or stay within a community. Public facilities/activities
represent an important element of our quality of life. Therefore, investment in publicly-
sponsored facilities (i.e. youth, cultural arts, health, recreation, crime prevention, etc.)
responsible for creating/retaining employment is important and will be supported.
10. Tourism Development — These activities bring in much-needed sales tax revenue and
create jobs which are important to the economy. Tourism activities will be supported and
encouraged. - -
11. Growth Management — Activities to encourage or preserve open space and protect
important agriculture lands, etc. will be supported and encouraged.
96 51
Preliminary List of Approved Contribution Project'k—
The first ten projects are classified as "old" active projects that were approved prior to May
1, 1996. We anticipate providing "grandfather" pledge information as warranted over the
next several months to allow contributors to continue earning a 50% state income tax
credit.
The eleventh project was approved by the EDAP board at our August, 1996 Board of
Directors meeting, and is classified as a "new" active project which will allow contributors
to earn a 25% state income tax credit. We do anticipate that there will be several additional
contribution projects approved by the EDAP Board and forwarded to the state for final
approval. Additional information is available on all of the projects summarized below.
1. Island Grove Arena Expansion (approved by EDAP Board of Directors - 5/25/94)
Location: Greeley Sub Zone — Island Grove Park
Project Description: Expansion of the Island Grove Park arena which is home to
the annual Greeley Independence Stampede (among other events), the largest tourism
event in Weld. This expansion increased seating capacity by 4,500 by bowling in the west
end of the arena which will allow the community to compete for larger events requiring
more seating. They also replaced wood bleachers and built new concession areas, locker
rooms and bathrooms to meet new ADA requirements. Construction is complete and
total project costs were $4.123 million. All of the facilities at Island Grove Park are publicly
owned by either the City of Greeley or Weld County. This expansion/improvement
project to the arena was partially funded by Greeley and Weld County and through private
and corporate donations. Fundraising will be complete by July 31, 1997.
EZ Development Plan Purpose: Job creation/retention through increased tourism activity.
Fiscal revenues to Greeley/Weld County from various Island Grove activities are
estimated to be $340,000/year. In addition, 440,000 attendees and 80,000 exhibitors use
Island Grove each year dumping a conservative $10.5 million into the local community
through the purchase of goods and services which create/retain jobs throughout the
community.
2. Island Grove Community Building (approved by EDAP Board of Directors - 9/21/94)
Location: Greeley Sub Zone — Island Grove Park
Project Description: Construction of a new 60,000 sq. ft. multi-purpose community
building to be located at Island Grove Park. As explained above, this park is home to a
variety of tourism related activities including the annual Greeley Independence Stampede.
The proposed building will play an integral part of the continued development of Island
Grove Park. It will be enclosed and insulated for year-round use and will accommodate
horse shows, fair exhibits, trade show exhibits, dog shows and stampede activities.
Estimated cost is $2 million. All of the facilities at Island Grove Park are publicly owned by
either the City of Greeley or Weld County. This community building will be partially
funded by Greeley and Weld County and through private and corporate donations. Fund-
raising goal is approximately $2 million and is estimated to take several years to raise. If
possible, we will accept pledge agreements with contributors to receive the 50% credit for
contributions through 12/21/2000.
96ir&: .
EZ Development Plan Purpose: Job creation/retention through increased tourism activity.
Fiscal revenues to Greeley/Weld County from various Island Grove activities are
estimated to be $340,000/year. In addition, 440,000 attendees and 80,000 exhibitors use
Island Grove each year dumping a conservative $10.5 million into the local community
through the purchase of goods and services which create/retain jobs throughout the
community. It is estimated that this impact could easily increase by $2-3 million with the
completion of this building, which will provide the ability for the community to host
more and larger events.
3. Greeley Transitional House (approved by EDAP Board of Directors - 10/19/94)
Location: Greeley Sub Zone — 1201 6th Street
Project Description: An on-going fundraising campaign in support of the operations of the
Greeley Transitional House, which is a 501 (c) (3) organization providing a positive,
therapeutic and supportive environment in which families in crisis can live temporarily
while re-establishing their independence. Services, in addition to emergency shelter,
include medical and dental care, education and employment assistance, life skills, training,
parent education, rent and food assistance, furniture, children/adolescent programs and
follow-up family support case management. If possible, we will accept pledge agreements
allowing contributors to receive the 50% credit for contributions through 12/21/2000.
EZ Development Plan Purpose: Homeless assistance. Child care, job placement, or
counseling services for homeless persons in emergency, temporary, or transitional
housing is vital in making it possible for these persons to enter the labor force and become
contributing members of our society.
4. A Woman's Place (approved by EDAP Board of Directors - 1/25/95)
Jocation: Greeley Sub Zone — 1024 9th Avenue & 1317 2nd Avenue
Project Description: An on-going fundraising campaign in support of the operations of A
Woman's Place, which is a 501 (c) (3) organization providing temporary emergency shelter
and support services to women and their children who are abused by their partners.
Services in addition to emergency shelter include employment assistance and day to day
stability to search for employment, childcare assistance, individual and group counseling
for women and children, and structured activities designed to develop alternative to
violent play, support and educational groups and follow-up support case management. If
possible, we will accept pledge agreements allowing contributors to receive the 50% credit
for contributions through 12/21/2000.
EZ Development Plan Purpose: Homeless assistance. Child care, job placement, and/or
counseling services for homeless persons in emergency, temporary, or transitional
housing is vital in making it possible for these persons to enter the labor force and become
contributing members of our society.
5. Guadalupe Center(approved by EDAP Board of Directors - 1/25/95)
Location: Greeley Sub Zone 1516 North 25th Avenue
Project Description: An on-going fundraising campaign in support of the operations of
Guadalupe Center, a 501 (c) (3) non-profit organization providing temporary emergency
housing to homeless men, women and children. The organization provides a positive,
961(;51
therapeutic and supportive environment in which families in crisis can live temporarily
while re-establishing their independence. Services, in addition to emergency shelter,
include employment assistance and day to day stability to search for employment, childcare
assistance, support and educational groups and follow-up support case management. If
possible, we will accept pledge agreements allowing contributors to receive the 50% credit
for contributions through 12/21/2000.
EZ Development Plan Purpose: Homeless assistance. Child care, job placement, and/or
counseling services for homeless persons in emergency, temporary, or transitional
housing is vital in making it possible for these persons to enter the labor force and become
contributing members of our society.
6. Monfort Children's Clinic (approved by EDAP Board of Directors - 1/25/95)
Location: Greeley Sub Zone — southwest six lots of the block bordered by 11th Avenue, 1st
Street, 10th Avenue, and A Street.
Project Description: A $4-5 million fundraising campaign for the construction of the 13,000
sq. ft. facility to house the Children's Clinic, which is a pediatric clinic for medicaid eligible
and uninsured children within the region. Funds will also be utilized for the initial
organizational period. The Clinic will bring low-cost primary medical care to children
between birth and age 18. The Clinic is owned/operated by the North Colorado Medical
Center Foundation, a 501 (c) (3) non-profit organization. Today, the Clinic is operational in
a temporary location, with construction on the new facility scheduled to be completed by
July 31, 1997. If possible, we will accept pledge agreements allowing contributors to receive
the 50% credit for contributions through 12/21/2000.
EZ Development Plan Purpose: Job creation/retention through the operation of the
Children's Clinic and the impact within the immediate area. The Clinic employs 25 full-
time individuals at an annual payroll of approximately $500,000. Construction
employment is 26 FTE for approximately 6 months. In addition, the North 11th Avenue
corridor location has been targeted by the Greeley Urban Renewal Authority for major
redevelopment and neighborhood improvement. The addition of the Children's clinic
will provide needed investment and encouragement of additional business development
activities and employment in the adjacent Mercado Center planned for the area. Together
with the already successful businesses, parks and museums, the Clinic will help ensure the
continued revitalization of this blighted area.
7. Family Support Network (Child Care Services) (approved by EDAP Board - 1/25/95)
Location: Greeley Sub Zone — throughout the zone and outside of the zone.
Project Description: The Family Support Network (FSN) project is a "fee for service"
campaign in support of the child care related operations of the FSN. FSN is a program of
United Way of Weld County. It's mission is to develop a "network" of employers to create
a cost effective program of "family support" including child care support such as
information dissemination, referral programs and child care development programs.
FSN, established in 1993 by a grant from the Monfort Foundation, is designed to serve as a
link between parents, dependent care providers, employers, and the community. FSN
child care services will be provided both within and outside of the EZ. Therefore, FSN
must allocate child care activities/cost. Expectations are that child care activities will
represent the majority of services and child care cost/activity having a direct tie to the EZ
961€51
(employer is located in EZ; child care provider is in EZ; or employee lives in EZ) will equal
or exceed the amount of funds derived from EZ contributions.
EZ Development Plan Purpose: Child Care — Labor availability has become a critical factor
in the ongoing viability/growth of Weld employers. Directly affecting labor
availability/quality is adequate, cost-effective child care services. Affordable, high-quality,
alternatives must be available/developed to encourage parents to enter the labor force.
8. Highland Day Care Center (approved by EDAP Board of Directors -4/19/95)
Location: Ault Sub Zone — Birch Street between First Street and Second Street
Project Description: The project is a $600,000 public and private sector fundraising
campaign in support of the construction of a new child care facility and related operations
of the Highland Day Care Center (HDCC) located in Ault. HDCC is a 501 (c) (3) non-profit,
state licensed day care center providing fee for service and subsidized day care to people in
rural northern Weld County. The new facility was open for business on 3/1/96.
Fundraising will conclude July 1, 1997.
EZ Development Plan Purpose: Child Care — Labor availability has become a critical factor
in the ongoing viability/growth of Weld employers. A key element directly affecting labor
availability and quality is adequate, cost-effective child/youth care services/activities.
Affordable, high-quality, child/youth care services/activities and alternatives must be
available or developed in order to encourage parents to enter or stay in the labor force.
9. Boys & Girls Cubs of Greeley Youth Facility(approved by EDAP Board -9/20/95
Location: Greeley Sub Zone — 2400 First Avenue
Project Description: This project is a $2.2 million fundraising campaign for the
construction/operation of a 16,500 sq. ft. Boys & Girls Club in east Greeley. The facility will
provide youth sports and guidance programs to children in the surrounding
neighborhood, plus a location for city and community activities in east Greeley. The Boys
and Girls Club is a 501 (c) (3) non-profit organization. Construction won't begin on the
facility until 100% of the funds have been raised. The fundraising campaign currently
underway has raised $350,000. Living in the immediate vicinity of the proposed youth
facility are 1,000 disadvantaged and high-risk children. These children and their families
have no direct access to community services or recreation. This isolation has been a
contributing factor in the area's blight and higher crime rates. The youth facility will assist
with the development of self-assurance characteristics and leadership abilities. The facility
will provide safe, structured and supervised activities to help these kids in all aspects of
their development.
EZ Development Plan Purpose: Child Care/Job Creation — The youth facility will employ 3
full-time and 10 part-time individuals and 30+ volunteers. While these youth are older
than the typically "child care" age, they are in great need of supervised care/activities
which will hopefully keep them out of trouble, allowing their parents to work without
concern for their safety. This program offers an alternative to the "latch key" method of
youth care. As stated above, labor availability has become a critical factor in the ongoing
viability/growth of Weld employers. A key element directly affecting labor availability
and quality is adequate, cost-effective child/youth care services/activities. Affordable,
high-quality, child/youth care services/activities and alternatives must be available or
developed in order to encourage parents to enter or stay in the labor force.
96.11351
10. Ft. Lupton Living History Park (approved by EDAP Board of Directors -4/20/94)
Location: Ft. Lupton — West of Hwy 85 along the Platte River
Project Description: A $5 million fundraising campaign for the development of a living
history park which will collect, preserve and maintain items and sites of historical
significance to the South Platte Valley area and its people. The project will: rebuild
historic Ft. Lupton; build a visitor center which will contain a research center, museum,
meeting room and ancillary features; develop a Rendezvous area, nature area and historic
farm and school; and develop a recreational vehicle park. This project will be partially
owned by the South Platte Valley Historical Society, a 501 (c) (3) non-profit organization
and the City of Ft. Lupton. The Historical Society is responsible for all fundraising and
management activities, which are currently underway. The fundraising goal is $5 million
and is expected to take up to ten years to finish.
EZ Development Plan Purpose: Job creation/retention through increased tourism activity.
Fiscal revenues to Ft. Lupton from various proposed activities are estimated to be at
minimum $120,000/year. In addition, an estimated 90,000 visitors/year is expected which
could dump millions of dollars into the local community through the,purchase of goods
and services which create/retain jobs throughout the community.
11. Pinon Plaza Renovation Project (approved by EDAP Board 8/22/96)
Location: Greeley Sub Zone — 814 9th Street
Project Description: Private sector fundraising campaign for the renovation of the third
floor of the Pinon Plaza which houses several United Way agencies that provide child care
related services, among other things. Fundraising goal is $400,000. The Child Advocacy
Resource and Education (CARE) organization has run out of room which is the primary
reason the third floor renovation project is needed. CARE is a 501 (c) (3) non-profit,
organization. The fundraising campaign will begin immediately and construction will
start upon successfully raising $400,000, which is expected to take 2 years. Project
conclusion is projected for December 31, 1998.
EZ Development Plan Purpose: Child Care — Labor availability has become a critical factor
in the ongoing viability/growth of Weld employers. A key element directly affecting labor
availability and quality is adequate, cost-effective child/youth care services/activities.
Affordable, high-quality, child/youth care services/activities and alternatives must be
available or developed in order to encourage parents to enter or stay in the labor force.
961.651
Exhibit 1
WELD COUNTY ENTERPRISE ZONE STATISTICAL ELIGIBLITY WORK SHEET
1990 % % % % Female % 4 Yr % Families
Subzone Name Subzone Per Capita Unemp. Indiv. in Minority H.S. Head of College Below
Population Income Rate Poverty (Hispanic) Graduates Household Grads Poverty
State Stats/
EZ Thresholds 11,115 7.18 11.7 12.7 84.4 27.0 12.9
AULT 1,107 8,242 7.82 22.6 26.6 67.4
Tract 23 9,663 4.00 21.0 72.3 9.8 15.0 11.9
TRI-AREA
Frederick 988 10,875 5.65 11.7 22.7 68.4
Firestone 1,358 10,377 5.79 12.2 29.4 78.0
Block Group 1 1,822 9,891 6.40 13.2 34.2
ERIE 12,737 7.11 8.4 23.7 69.5
Block Group 7 1,184 12,171 7.70 8.9 25.0 68.1 13.7
Tract 20 12,133 5.59 18.2 74.5 10.8 10.3 6.0
JOHNSTOWN 1,579 10,073 7.56 11.8 25.9 71.0
MILLIKEN 1,573 7,045 6.70 19.9 52.1 59.6 '
MEAD 488 9,780 11.61 10.0 6.9 74.5
Tract 21 12,248 5.64 23.3 71.8 9.9 14.2 9.4
WINDSOR 11,195 3.65 9.2 12.9 79.5
Tract 22.01 12,778 6.19 8.5 83.8 6.0 18.8 7.3
Tract 22.02 11,388 3.44 12.9 80.2 12.3 17.0 6
NUNN 322 10,719 4.64 19.0 3.0 72.5
Tract 24 18,476 6.49 5.72 32.6 4.7 15.8 9.6
FT. LUPTON 5,162 9,543 8.32 18.6 43.5 66.5
Tract 19.01 9,744 9.25 38.9 64.8 13.0 10.0 14.0
HUDSON 925 10,474 4.12 13.8 12.1 72.0
KEENESBURG 535 10,086 5.10 22.1 11.0 71.0
Tract 25.02 10,951 3.12 11.4 76.8 7.3 11.6 13.4
PLATTEVILLE 1,515 10,960 5.13 10.7 36.6 69.2
Tract 18 11,785 4.96 24.4 74.1 9.1 9.8 8.9
LA SALLE 1,783 10,726 4.50 8.1 25.0 72.8
GILCREST 1,084 7,280 8.21 15.4 48.6 61.3
Tract 17 10,370 5.20 29.6 71.3 10.5 10.9 8.3
KERSEY 920 9,999 3.54 5.1 15.3 79.6
Tract 16 11,173 4.37 14.8 77.5 7.6 13.8 3.9
GREELEY 11,461 5.68 19.5 20.2 76.6
Garden City 6,568 14.77 29.0 57.0 34.1
Tract 1 2,083 8,644 12.80 32.9 54.5 23.8 16.0 31.6
Tract 2 4,924 4,579 9.49 8.9 79.0 26.2 30.9 30.3
Tract 4.02 3,044 10,358 7.08 15.7 77.8 16.8 20.7 11.8
Tract 5 5,554 7,361 9.25 60.7 50.4 27.0 7.2 26.3
Tract 6 1,024 5,721 12.66 86.5 14.8 21.2 2.3 39.9
Tract 7.01 1,464 6,068 11.69 63.8 37.8 23.0 5.8 35.3
Tract 7.02 4,073 9,345 7.62 26.7 68.6 18.0 9.0 18.9
Tract 8 2,775 8,512 7.25 19.6 72.3 21.6 26.1 21.7
Tract 10 9,244 6.64 24.6 71.4 21.8 13.1 17.6
Tract 13 5,078 8,954 6.97 26.9 64.3 17.3 7.4 14.9
Tract 14.01 15,544 3.39 9.3 86.8 7.4 28.5 3.6
Tract 21 12,248 5.64 23.30 71.80 9.90 14g 61 i
ZONE POPULATION 52,364
Exhibit 2
p- m N m
m m m N
J m o< 0 .- O N 4- O N
1- N N N 0 m N et N
H ^M CO CO CO CO V
m id 4— W N Q
dy N CO
0 N
S. N
— N
CO 0
CO4— N- 0
m 0 N 0
N N N O
y m NO N 4- ory N 0
M Y 0
N S.
0 CO )y CO
N O O 0
N O 0 N
0 O 0 0 0 0 m
co w m 0 0 m N - 0 N
m m m » m
N m
N M
N
m i.0 co N
N O O N.
O ro
m 0 m p V N m N 0
m 0 0 - N M H 0 m
O N
S 0 N
H S
0 0 0 0
0 0 0 0 1 m
0 0 0 0 CO
m 0 0 ° m N 0 0 m a
m O CO CO N 0) N 4- 0 a 0
N N N M
N N 0 O.
0
a `
C L
0 0
C 0 O O 4- L
O 0 0 0 0 3
O O T
o co
m a O O m O m0 Pi � w N p m
m 0 0 1- 0 O O m m B CO
N 4- _ a
C w w N ^
W E M W J O
O O
> 0 U m
0 0 0 $
o 0 0 0 a t.
rcn co N CO a o 0 o co
O m f e - a N 0 0 0 C
Qm 4- - O
N W CO 0) 0
4 H H to 1
E O m
o m m
m
a o 0 0 0
m mm ao 0o
3 E J m m n n m ° oN
y m 0 0 m m 0 m
.01 m CO 0 N CO n m J ymj
m SS C L
H
> =
.0 N
a a E
m o 0 0 o co a `O
00 00 m
o m o m
O co
m N` N .- orto or
H b o m U
^ N O O O
c M VI C 2.27 E
O 0O
To 0 U
u 0 0
3 c E
_ o 0 o H
o O O W m 0
0 0
W q 2 m 2 ° 2 ° Z o O O
o wTo a
m t E m
m -a m o
d m _
C 5 m Z L c
O E
N E m m m m ' i> m g
N S u a m a m a m a m m a
N m E 1 m m m m m m N
m C0 3 c7 0 3 c3 3 c� 3 c7 'gm
Q m d
a 0 C O a
C ci w . r m m
W c to u a " m0
C 0 N i R g o m u c ` �U m NL m
< ` c y m
> m E b o a
Ni E
m v ma m
m
m
mc
C W m m _
UU C 0 It >c Y. m 0N x m m
o N H m U m m i
9�. €uu2.
A x ¢>, m a N c o m a m a
N a . c W N- m - E2L = m u HcN N- 3 To Z 0
0 oc 0 v a _
.
Exhibit 3
FIRM NEW JOBS TOTAL INVESTMENT
Artemis Rubber Technology 15 $1,900,000
Axelson Machine 15 $600,000
Sandal America 4 $800,000
BMC West 50 $1.500,000
Bumup&Sims 80 $500,000
Colorado Greenhouse 60 $8,000,000
Designed Conveying Systems 49 $1.050,000
DOVattonIntenational 170 $1,300,000
Empire Warehouse 29 $1.400,000
Florida CirTcch 15 $500,000
Gerard's French Bakery 110 $2,600,000
Gue don Homes 130 $700,000
HauserCirmiral 30 $5,000,000
Hy-Q Enterprises 25 $328.000
Ideal Fencing 50 $700,000
Mountain Stases Plastics 40 $1.500,000
Rubadue Wile 30 $300.000
Sykes Enterprises,Inc. (SEi) 450 $3,500,000
Vehicle Systems 5 $250,000
TOTAL 1,357 $32,428,000
•
12/31/95
961(351.
Weld County Commercial/Industrial Activity—Existing Companies Exhibit 3
FIRM NEW JOBS TOTALINVESIMENI
Big R Manufacturing 10 $580,000
Brewer Steel 5 $2,500,000
Burris Company 16 $700,000
Tenneco Packaging(Define) 0 $1,500,000
EPIC 330 $4,200,000
Golden Aluminum 0 $8,000,000
Golden Technologies 16 $4,250,000
Harsh International 15 $1,500,000
Hewlett Packard 100 SO
Kendall Printing 17 $5,500,000
Kodak 100 $50,000,000
MeadowlariOptics 4 $100,000
Metal Container 0 $1,000,000
Millard Warehouse 10 $400,000'
Monfort Portion - 57 $1,700,000
Monfort,Inc.' 0 $425,000
Plastic Art Products 52 $1,000,000
Platte River Steel 15 $1,100,000
RR Donnelly Norwest 165 $45,000,000
Starpak 225 $1,200,000
Universal Forest Products 50 $4,500,000
•
Western Sugar 6 $3,900,000
Zarrra Foods(Pronto) 40 $3,750,000
TOTAL 1,233 $142,805,000
12/31i95
96?.6 a1
Exhibit 4
E. 1
.1
n 1 1 1 QE1 1. QE1 1 II ! ! ! ! EQII ! ! ! 'E g
o o o o o o o u o o o u u O u. t V u- u 1Y u- `� 3 U
Y
A SN =' W R 8 A
6
a s S N R $ 53 R - Liu`
g 8 8 8 8 S S a S $ a s 8 8 8 1N.. S 8 8 8 8 8 8 9' 1:
s ! § § O§ QW. mgm A e OIo pE pA a q� a. p§ 0 `1 b^ a y4� § s g
N 9 A N a o H A O g 10 . g '_ N e N N A 0 0 i
H
. 88s8. S3. 8s. Ss. 88. 8. SR888re' s8. 8 S
p6N § § § § § § 0 g q i §, e § R 0 Z § E
o $ 8
N8rn oA >839g ` n r: a
.co ef
0
i
a 1
el-
o e o 0 0 e .r a e .- 0 ry o o N R 0 , ' . _ g
8 i
E
v
z
8. 8 8 8 8 8 8 8 s S 8 8 8 8 S 8 8 8 8 12 8. 8 8 8' o
g o o d o o d vE Q o o 0 0 Z ^ x o o p g o g 6
11SS tV f��S RR ��TTtt N N 11��
2 ! 8 �i tV NN s
f s
s s8s $ s88888 E 8. 88 �` - " ^ 8 - 8881 8
Ea a § a a § a a a a a § as a §_ § a § g
I : N Si 8 . § 9 E A m S § § § 11 § § R § 5
HDDA l A N N a.
it g § § a1 § § 14A1 � it §% bpi § §
mi .. Sig 01 ' 111111g
41 t 3 I m [ _ Z LL m L " l i m l i m V U m L
S- 8 6 s s a s i S 3 S c5 , S S S 3 I S
33 r �cu30 , 3 3d03 i ; k t 3 3 ag € _ � € � 8 .$ E $ a b 3 R = 8-
it
8
w
m
S 9 a
a 2 £ _ ;j` 16 , 4- I s .Y I
w jF e m , c 8 1 g 1 rn e i F m z c - 8
cl" i $ � .2 § Iialst1 t ilug Ii3 !aa BQi � co
€ 8 •
1 g E . 2 1 - . ; , w 1 - S X 63 d 6
m Y € g € m m - v 5 i 1 E 3 l l 8 t 8 3 A o
a . g s z
-FE ± m �i 3 8l m - 'S * In u � 3 c9 3 < i9 z i m p
8 s s 8 s s g s 8 g 8 6 8 8 2 = = s s 8 9 8 8 8
o a 8888as * aaca * aa * as * aaAAAAAAA 961,C51
Exhibit 5
EDAP Mission Statement
To create and preserve opportunities for individuals to enjoy a reasonable quality of life through
increased job opportunities and increased wage levels,and to attract capital investment which
will sustain and grow the tax base which supports government services essential for that quality
of life.
Guiding Principles
• Economic development is an on-going process which must operate as a partnership between
the private and public sectors of Weld County.
• Communities and areas of Weld County are inter-dependent upon each other. A county-
wide economic development effort not only encourages a cooperative environment,but is
much more cost-effective.
• The County's economic development policies and programs should be designed to improve
the standard of living and quality of life of all County residents.
• Policies and programs must adhere to criteria that demonstrate measurable results.
• Collaborative efforts with various agencies and governmental bodies is important and
encouraged to ensure that a positive business climate exists,and that necessary foundations
for sustaining a viable economy(skilled labor force,housing infrastructure,financial capital,
educational opportunities,regulatory policies,etc.)are established and fostered.
EDAP Year 2000 Goals
1997-2000
1. Increased diversification of the primary sector employer base.
2. Attract the location of at least 48 new primary sector firms to Weld County from 1997-2000.
3. Maintain a strong and growing tax base. Measured by the Weld and Greeley industrial
property values increasing by at least 2%between 1997-2000.
4. Increased high-quality job opportunities. Measured by the creation of at least 2,000 new
primary sector jobs by new and existing employers between 1997-2000,and a 20% increase
in average annual wages. (Weld County average non-farm wage in 1994 was$22,928.)
5. Increased personal income levels. Measured by the increase of per capita income levels of
county residents by at least 15%from 1997-2000. (Weld County 1995 per capita income was
$18,232.)
961.€51
Weld County Enterprise Zone l L
WN
E a
,1 eIII
■■■■■ ■■
xW
•
78
T77s e \ a '
lk
i
for r
ee 111111iIIIL Nil"
64
1.62111r111111119 1111fl11
N
er
4. 4 of _
It N
40
JI ii�yy
YI eO
as aas
u V
to -
II I
ae_ Yrf ,a "lit
7 A
t0
n
,s !"tea, 0
a a
12 1 T. , , if , •
e �
I r ' r
t
a le ,r N it p to of fe II N N O et e/ 6a QO a7 01 I N e6 Q 6/ fl IS
,
s, r-
Portions of the above towns are included in the Enteryrise Zone. For detailed, individual town maps contact:
Exhibit 7
0
N
co N
cCD
C co
V
O
El
W
1
0
IC
in
N
a C
it
Q Y
L2 0
cc
U O
o
O. o
CC 2
1 . c
N
CD ILI O o
D M N
a
I.— n
/�/ T V
V 0
Z Z --L— I o
W Q Y m c
m p
Ns
V Z *0.
O 0 L N O m p L
Q p tll u
u r u WI '+ • 0 m m O m
✓ ill is i O — O�`r m rn o
a N z 0 a O a c —
0 t
f J N r \ O C
Z H O 1 T C
W s 0 mp
O cc _ Iii
N a O
Nm
U s o = w
O
C
J
W
f
Hello