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1997-088-RES WHEREAS, ECONOMIC GROWTH THROUGH (1) BUSINESS RETENTION AND EXPANSION AND (2) INDUSTRIAL . . RESOLUTION NO. 97 -088 WHEREAS, economic growth through (1) business retention and expansion and (2) industrial Tecruitment is vital to the prosperity and stability of the community; and, WHEREAS, it is acknowledged that recruitment efforts by cities throughout the United States for new industrial startups and expansions is becoming increasingly competitive; and, WHEREAS, a planned, well-organized economic development program is necessary, not only to compete successfully for the recruitment of new industries, but also to assist existing industries with expansion plans; and, WHEREAS, a successful economic development program requires the commitment and coopeTation of local government and the business community; and, WHEREAS, the "Lone StaT City" program provides a means for cities to enhance their economic development efforts through a formal certification program stressing training and community preparedness and cooperation; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PARIS, that the City of Paris does hereby support the participation of the City of Paris in the Lone Star City Program and will cooperate, to the greatest extent possible, in assisting Paris to achieve designation as a Lone Star City. PASSED AND ADOPTED this 11th day of August, 1997. Eric ~;"' .2 ATTEST: Mattie Cunningham, City Clerk