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CITY C4UNCIL AGENDA ITEM BRIEFING SHEET <br />Submittal Date: <br />Originating Department <br />Presented By: <br />Agenda Item No.: <br />04/ 12/2012 <br />Council Dare: <br />PEDC <br />Steve Gilbert, Executive Director <br />lg. <br />04/23/2012 <br />RECOMMENDED MOTION: <br />PoLYCY IssuE(s): <br />BACKGROUND: <br />Seeking support from the Paris Ciry Council for the Paris EDC's applicarion to the USDA & EDA Rural <br />Jobs & Innovation Accelerator Challenge Grant in the amount o£ $715,000.The funds will enable the Paris <br />EDC and the Red R'tvex Region Buszzzess Tncubator (R3bi) to form the Northeast Texas Rura1 <br />Competitiveness & Innovation Cluster, £osteting entrepreneuxial support, spurring rural innovation and <br />advanced manufacturing in a two-state, six-county region (Texas Czties/Counties: Paris/Lamax County, <br />Clarksville/Red River County, Cooper/Delta County, Bonham/Fannin Counry, Gommerce/Hunt County <br />and Hugo/Choctaw County in Oklahoma. (See attached narrative, background and budget that will be <br />included in the application to the USDA & EDA that 'ts due May 9, 2012.) <br />BOARD/ COMMISSION RECOMMENDATION: <br />EXHIBITS: <br />Resolution <br />ACTION: <br />BUDGET INFO: <br />❑ Financial Report ❑ Minute Order <br />Expense <br />$ <br />❑ Department Report Z Resolution <br />Budgeted Amt. <br />$ <br />❑ Preseutation ❑ Ozdinance <br />y'Z'D Actual <br />$ <br />❑ Public Hearing ❑ Other i <br />Acct. Name <br />, Acct. Number <br />FISCAL NOTES: <br />REVIEWED AND APPRaVED BY: <br />E Administzarion E City Clerk ❑ Communliy Development ❑ EMS/IT ❑ Finance ❑ Fire <br />❑ Municipal Court JZ Legal ❑ Library ❑ Police ❑ Eng./Public Wotks ❑ Utilides <br />City of Paris - 159 Revised 2/04/08 <br />