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Economic Development Commission

Mission Statement
The Cary Economic Development Commission promotes and encourages the economic, commercial, financial, industrial, agricultural, and civic welfare of Cary citizens and taxpayers by supporting the development, attraction, retention and expansion of businesses, industries, commerce, and employment within the community and region.

Life Span Statement
The EDC is a standing board that meets only as needed, based on whether there is any business to come before the board.  The board will evaluate their purpose and ongoing work scope annually, beginning in March 2011 (prior to the beginning of the board recruitment period).

Powers and Duties
The Cary Economic Development Commission promotes and encourages the economic, commercial, financial, industrial, agricultural, and civic welfare of Cary citizens and taxpayers by supporting the development, attraction, retention and expansion of businesses, industries, commerce, and employment within the community and region. The work of the commission is set out in the guiding principles.

Membership
The Economic Development Commission consists of 12 members, 1 of whom the Town Council designates as chairperson. Members are appointed from within Cary's corporate limits, and membership consists of 3 members representing computer technology or bio-technology related companies, 3 members representing commercial building and development businesses, 1 member representing the Cary Chamber of Commerce, 1 member who is the Cary designate for the Wake County Economic Development Commission, and 4 other members from the private sector or general public. All appointments to the commission are for three-year terms, except where unexpired terms are being filled.

Goals/Work Plan

1.      Identify new initiatives for the Town to undertake

2.      Identify ways to accomplish any new initiatives

3.      Address any issue the Town council assigns to the EDC, including the 2009 council/staff retreat goal to plan for the next business park

4.      When appropriate, address any issue EDC determines has an economic impact  to the Town

 

Evaluation Criteria: The board will periodically review and evaluate effectiveness of their work plan, modifying as needed to meet goals.


Meetings
The commission meets on an as needed basis. During months where meetings are required, they are approximately two hours in length. In addition, members may be expected to spend several hours each month reviewing materials and performing research. All meetings of the commission shall be open to the public and will adhere to the Open Meetings Law and Public Records Law. Public notices will be prepared prior to any meeting of this commission.  More information on this commission can be found in its annual report.

Please see the Town of Cary Calendar to confirm meeting dates, times, and locations.

Questions regarding the Economic Development Commission should be directed to the Budget Office by e-mailing scott.fogleman@townofcary.org or by calling (919) 462-3911.

How do I Apply?
Applications are accepted each year from May 1 through June 30 for upcoming vacancies. Applicants applying for this board are required to complete a supplemental application. Current Town of Cary employees are not eligible to volunteer. Questions about the application process should be directed to the Town Clerk's Office by e-mailing karen.gray@townofcary.org or by calling (919) 319-4508.

The February 2006 Economic Development Strategy Report is available in html and pdf format.

Current Membership Roster
Current Agenda
Minutes
Meetings (see the Town's Web calendar for a current list of meetings and notices)

Social Media Subcommittee

  • Agenda
  • Minutes
  • See the Town's Web calendar for a current list of meetings and notices

 Learn more about our economic development partners