THE COALITION LED BY THE OSCEOLA COUNTY BOARD OF COUNTY COMMISSIONERS PROPOSES TO USE A 500-ACRE TECHNOLOGY DISTRICT, KNOWN AS NEOCITY TO DEVELOP THE SEMICONDUCTOR INDUSTRY IN OSCEOLO COUNTY AND THE ORLANDO REGION. THE COALITION AIMS TO CATALYZE CENTRAL FLORIDA TOWARDS AN INNOVATION-BASED ECONOMY AND PROPEL CENTRAL FLORIDA AS A LEADING REGION FOR SEMICONDUCTOR R & D AND MANUFACTURING. OSCEOLA COUNTY SUFFERED THE THIRD HIGHEST RATE OF UNEMPLOYMENT DURING THE FIRST WAVE OF THE CORONAVIRUS, DUE TO AN A HOSPITALITY-DEPENDENT ECONOMY.