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Home My WebLink AboutRES 890286 - Contin Fund Econ Dev DirectorRESOLUTION N!. • / o A RESOLUTION APPROVING THE TRANSFER OF FUNDS FROM THE GENE FUND COUNCIL CONTINGENCY FUND TO PROVIDE FUNDS FOR THE ECO - DEVELOPMENT .i. OF THE GEORGETOWNINDUSTRIAL DEVELOPMENT • r" • supportWHEREAS, the City of Georgetown, Texas has provided in its General Fund Council Contingency Account for economic development during budget year 1988-89; and WHEREAS, the City of Georgetown has pledged its financial . the Georgetown IndustrialDevelopment F.. • and WHEREAS, a director for the Georgetown Industrial Development Foundation has been hired; and WHEREAS,- Charter of of - • - • provides th. r Councilthe City -r any unencumbered appropriation I*alance or portion thereoffrom • - division, office, department, or g . another NOW THEREFOREr BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF GEORGETOWN, The City Council hereby finds and determines that the recitals set forth above are true and correct, and are incorporated herein verbatim, as if fully set forth at length. The sum of $18,502.00 shall be transferred from the budget account 01-02-00-5062. SECTION III. The budgets of the following accounts shall be increased in the amounts indicated as follows: 01-02-00-5010 Salaries $8,000.00 01-02-00-5013 Social Security Tax 601.00 01-02-00-5014 Group Insurance 360.00 01-02-00-5015 Retirement 400.00 01-02-00-5017 Worker's Compensation 93.00 01-02-00-5018 Unemployment Tax 48.00 01-02-00-5020 Office Supplies 1,500.00 01-02-00-5063 Conferences, Schools, Mtgs. 3,000.00 01-02-00-5066 Recruitment 3,000.00 01-02-00-5092 Equipment 1,500.00 $18,502.00 FUND TRANSFER r 1 • Draft 1 PAGE 1 OF 2 �." ��[eyff•)k� The Director of Finance and Administration is hereby directed to make these transfers effective immediately upon passage of this Resolution. PASSED and APPROVED this XHg day of �, 1989, by a vote of (0 "Ayes" and 0 "Noes" with members of Council present and voting. I 3A I 01Wr TIM KE ED , Mayo x 4 DIANE-CALLANDER, City Attorney FUND TRANSFER RESOLUTION CSF(FUNDTRANS.RESO) Draft 1 PAGE 2 OF 2 l fevelopment; and 4) consider programs such as tax abatement and/or tax increment financing on a case-by-case basis. NOW, THEREFORE, BE IT RESOLVED by the Board of Directors of the Georgetown Chamber of Commerce that the Economic Development Strategic Plan be adopted. Further that the Chamber of Commerce will: 1) work with the City of Georgetown to encourage and promote the development of retail businesses within the community and trade area-, 2) work with the City to encourage and promote tourism and convention business within the comunity; 3) will provide office space and work areas for the designated economic development officer; and 4) work with the Georgetown Industrial Foundation in recognizing the contribution of Georgetown's existing businesses and in working with the area's economic development allies. NOW, THEREFORE, BE IT RESOLVED by the Board of Directors of the Georgetown Industrial Foundation that the Economic Development Strategic Plan be adopted. Further, that the Foundation will: 1) serve as the business service officer for economic development efforts within the greater Georgetown area; 2) develop an industrial team for Georgetown; 3) work with the Chamber of Commerce in recognizing the contribution of Georgetown's existinq businesses, and in working with the area's economic development allies; 4) identify potential industrial sites and buildings and promote those for expansion of existing businesses and the recruitment of new businesses; 5) work with area Private Industry council and area colleges in designing and implementing customized skilled training programs in support of specific business locationst and expansionsi and 6) work with business and colleges or training centers to insure the receipt of job -training funds through the Job Training Partnership Act. NOW, THEREFORE, BE IT RESOLVED by the Board of Directors of the Georgetown Industrial Development Corporation that the Economic Development Strategic Plan is adopted. Further, the corporation will, when appropriate, issue industrial revenue bonds in support of specific projects related to the location or expansion of businesses4 NOW, THEREFORE, BE IT RESOLVED by President Roy Shilling, on behalf of Southwestern University that the University supports the Economic Development Strategic Plan. Further, the University will: 1) continue excellent academic environment, and its contribution to the quality of life in the greater Georgetown area; 2) encourage the communication between its staff/profossors and the local business community, 3) encourage institutional undergraduate research opportunities in the areas of sociology, economics and business administration; 4) interface with industrial prospects to promote Georgetown; 5) host receptions for industrial prospects (subject to scheduling limitations); and 6) explore such educational programs such as "Partners -in -Reading". ADOPTED BY A JOINT MEETING OF ALL THE ENTITIES AS A PART OF THIS PROGRAM ON DAY OF ----------- �\ /-1-77 D ilson, county Judge Williamson CountyWilliamson County Mayor Tian Ken dy City of Georgetown a Al:w • s ••� •',' %ysecretary I Independent *• Board of 1 s L e RtW 111 Milo u g h Mbyy C i t Mys 60 c r e t Maa�,y City of -• •' + Doris Skinner, Secretary Chamber of Commerce , ♦7C4L=UCX1..Y a Industrial Foundation Bill Connor, President Georgetown Industrial Development Corporation Dr. Roy Shilling, President Southwestern University Parker Georgetown Industrial Development Corporation