Res 95-206
RESOLUTION NO.
95-206
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF FEDERAL WAY, WASHINGTON, ESTABLISHING AN
ECONOMIC DEVELOPMENT ROUNDTABLE.
WHEREAS,
the
Federal Way Economic Development Board
(EDB) , established in 1991 with representatives from the city of
Federal Way (city), the Greater Federal Way Chamber of Commerce
(Chamber) ,
local
business
representatives,
and
other
local
governments, had as its mission to improve the business operating
environment and to promote economic diversity and growth in the
Federal Way area; and
WHEREAS,
the Federal Way City council,
supported by
recommendations
from
its
Finance
and
Economic
Development
Committee, sets the city's mission, vision, policies and plans for
a balanced and sustainable economic development environment; and
WHEREAS, the economic development goals of the EDB and
the City Council are consistent and inseparable and the city
Council through its Finance and Economic Development Committee
desires to continue its policy-setting role for the future of the
City's economic development; and
WHEREAS,
the EDB was dissolved on March 22,
1995 by
consensus of the city, the Chamber and business representatives;
and
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COpy
WHEREAS,
the city and the Chamber desire to jointly
develop and continually update a marketing plan and promotional
materials
designed
to
attract
potential
business
relocation/
expansion to Federal Way based upon the vision and the economic
development component of the comprehensive plan for the City of
Federal Way; and
WHEREAS,
the
retention
of
existing
businesses
is
necessary if the goal of economic growth is to be achieved; and
WHEREAS, the City and the Chamber will continue the above
activities
as
part
of
their
on-going
economic
development
functions; and
WHEREAS, the City and Chamber recognize the importance of
providing a forum for new ideas and concepts to promote or redirect
economic development activities as appropriate;
NOW THEREFORE, THE CITY COUNCIL OF THE CITY OF FEDERAL
WAY HEREBY RESOLVES AS FOLLOWS:
Section
1.
Purpose,
orqanization,
and
Specific
Obiectives.
The City of Federal Way,
the Greater Federal Way
Chamber of Commerce and other community representatives together
will form an Economic Development Roundtable (EDR) as a forum for
new ideas and concepts to promote or redirect economic development
activities.
The EDR will have the following objectives:
A.
Conduct
Onqoinq
Research
and
Recruitment.
Identification of potential business relocations/expansions that
fit with the vision for Federal Way is
a vital component of
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economic development.
The EDR will develop a program through which
these businesses are identified for recruitment activities.
B.
Consult with
the
citv
and the
Chamber
on
Marketinq/Planninq.
The EDR will provide consultation to the
City/Chamber on marketing plans, materials, etc.
They will also
provide feedback on any issues that are needed to support economic
development
in
Federal
way
such
as
zoning,
financing,
infrastructure, etc.
C.
Provide a Team for Business Recruitment.
When
significant businesses are identified as potential candidates for
relocation/expansion into Federal Way, recruitment activities may
become very competitive with other locations, requiring intensive
recruitment
intervention.
The
EDR will
identify
appropriate
persons to staff a recruitment team to provide quick intervention.
section 2.
Resources.
The city and the Chamber will
facilitate
or
fund
EDR activities
as
appropriate
and upon
a
majority vote of the city Council.
section 3.
Severability.
If any section,
sentence,
clause or phrase of this resolution should be held to be invalid or
unconstitutional
by
a
court
of
competent
jurisdiction,
such
invalidity or unconstitutionality shall not affect the validity or
constitutionality of any other section, sentence, clause or phrase
of this resolution.
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section 4.
Ratification.
Any act consistent with the
authority and prior to the effective date of the resolution is
hereby ratified and affirmed.
section 5.
Effective Date.
This resolution shall be
effective immediately upon passage by the Federal Way City Council.
RESOLVED BY THE CITY COUNCIL OF THE CITY OF FEDERAL WAY,
W"W,"GTaW, <hi- ~ day 0' ftu V\( , , "".
CI Y OF FEDERAL WAY
~~~~
MAYO, Y E. GATES
~T'
/(Æ\ ~~
CI CLERK; N ¿,!6I'Tb
APPROVED AS TO FORM:
~
C'.. DI 'K. LINDELL
FILED WITH THE CITY CLERK:
PASSED BY THE CITY COUNCIL:
RESOLUTION NO. 95-206
June 13, 1995
June 20, 1995
K:\reso\EDR.res
6-27-95
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