The 1996-97 Overall Economic Development Program (OEDP) update reconfirms the basic goals and objectives that were established in the 1993-94 comprehensive review of the Sierra Economic Development District (SEDD). The implementation plan which guides the District activities has been reviewed and updated to eliminate completed activities and to include new projects.
This written plan is the result of considerable input and discussion from SEDD Board members, regional economic development professionals and interested citizens. It reflects the transition the area is experiencing because of growth and changes in both the nation and the state.
Economic Development is described as the process of creating wealth through the mobilization of human, financial, physical and natural resources to generate marketable goods and services. Through comprehensive strategic planning, it is possible to maximize utilization of local resources while minimizing local constraints in order to achieve a healthier local economy.
The goals and strategies outlined in this OEDP will guide the SEDD Board in its overall mission to alleviate unemployment and underemployment while preserving the quality of life in the Sierra Nevada. The plan should also facilitate the coordination of efforts between the various economic entities in the region.
Funding for this report and SEDD professional staff is made available through a planning grant (07-05-11012-96) awarded by the U.S. Department of Commerce, Economic Development Administration. EDA funds are matched by contributions made by the four participating counties of El Dorado, Nevada, Placer and Sierra.