HomeMy WebLinkAbout140-93 RESOLUTION NO. 140-93
APPROVING A POLICY ON THE USE OF
BUSINESS PROMOTION/ECONOMIC DEVELOPMENT FUNDS
WHEREAS, in discussions leading to approval of the Business License Tax, the Town
Council considered earmarking funds for business promotion or economic development
as a way of committing a new revenue stream back to the business community, and
WHEREAS, the Town Council has appropriated funding as part of the 1993-94 Financial
Plan for business promotion of economic development, and
WHEREAS, staff was directed to develop a policy on the use of these funds for Council
consideration, and
WHEREAS, such policy was developed and reviewed by the Town Council and business
organizations within the Town of Danville; now therefore be it
RESOLVED that the Danville Town Council does hereby approved the policy on the use
of business promotion/economic development funds as detailed in the attachment to this
resolution.
APPROVED by the Danville Town Council at a Regular Meeting held on October 19,
1993, by the following vote:
AYES: Doyle, Greenberg, Lane,
NOES: NONE
ABSTAINED: NONE
ABSENT: RITCHEY
APPROVED: -
, Shimansky
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ATTEST:
CITY CLERK