Title
Informational Presentation regarding Lake County Economic Incentive Policy.
Staff Summary
• On August 11, 2015, the County Board approved the Lake County Economic Incentive Policy, to establish a framework with guidelines for evaluating economic incentive requests that promote long-term sustainable investment in the county to create jobs, diversify the tax base, enhance public infrastructure, and encourage increased development.
• The policy allows the County Board to approve requests for economic incentives on a case-by-case basis based on the guidelines established.
• This presentation will outline the policy and provide its historical use.