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North Texas Regional Comprehensive Economic Development Strategy (CEDS) Solicits Your Input

Author: 
kbryson

The Forney EDC, in conjunction with the North Central Texas Council of Governments and the Comprehensive Economic Development Committee, invites you to share your comments on the latest draft of the Regional Comprehensive Economic Development Strategy.  There will be a public hearing with FEDC Executive Director, Warren Ketteman on Monday November 30, 2015 for public comment and review over this strategy.  It will take place at the Forney Municipal Court, 331 S. FM 548, Forney, TX 75126 at 6:30 p.m.  Any questions regarding this strategy or the hearing may be directed to the FEDC office, (972) 564-5808.  Any comments on this strategy prior to the hearing may be sent to Warrren Ketteman, wketteman@cityofforney.org.

Regional Comprehensive Economic Development Strategy (CEDS)

Tell Us What You Think

The North Central Texas Council of Governments invites all North Texans to share your opinion of and comment on the draft regional Comprehensive Economic Development Strategy

 

What is the Comprehensive Economic Development Strategy?

The Comprehensive Economic Development Strategy process is a national program sponsored by the US Department of Commerce Economic Development Administration (EDA). A CEDS is designed to bring together the public and private sectors in the creation of an economic roadmap to diversify and strengthen regional economies.

The CEDS outlines an approach to regional growth and prosperity that builds on the region’s strengths, emphasizes key regional industry clusters, and prioritizes economic development projects. It is required to be updated at least every five years.

Why do we need a Regional Comprehensive Economic Development Strategy?

Research indicates that the majority of U.S. economic activity is occurring not just within major cities but rather within a limited number of major regions across the nation. To compete nationally and internationally for people and businesses, interdependent jurisdictions are planning regionally. The North Central Texas region’s population has grown by 30 percent since the 2000 Census and is projected to grow by another 30 percent over the next 15 years. Part of planning for that growth is planning for the economic and workforce development to ensure we have quality jobs for workers and skilled workers for jobs.

What is in a CEDS plan?

The Comprehensive Economic Development Strategy identifies regional economic development goals and priorities which communities within a region can implement collaboratively to bring about sustainable economic prosperity. The CEDS includes components such as economic and community development problems and opportunities, goals and objectives, regional strategies and priorities, industry and occupation cluster assessments, a plan of action, and performance measures.

EDA requires that the following be included in the plan.

·         Summary Background

·         SWOT Analysis and Economic Resilience

·         Strategic Direction/Action Plan

·         Evaluation Framework

·         Appendices

·         Resources

We are seeking your comments on the draft plan through Friday, December 4, 2015. Please submit your comments below. They will be considered in the final document to be submitted to EDA.

  •     “The community is real supportive of new business coming in. The city itself has great ideas on what’s coming ahead. I would advise anyone to look at moving into the Forney area.
    - Patrick McCrea
    Owner, Doe Belly’s Catfish Café
  •     Working with the City of Forney has been a pleasure. The City’s proactive response to any problem Steve Silver Company has encountered is refreshing. Glad to call Forney our home.
    - Jud Preskitt
    Vice President, Steve Silver Company
  •     Smurfit Kappa’s Forney Mill has been operating in Forney for over forty years.  Forney is a great place to do business with an excellent, well-educated workforce and a supportive, forward-thinking city government.
    - Dave Nelson
    Vice President of Paper Operations, Smurfit Kappa North America
  •     OGW is a proud member of the Forney business community. The EDC, City Government, and the community as a whole are very open and supportive of growing businesses.
    - Holly Dempsey
    COO, OGW, LLC