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HomeMy WebLinkAbout038-08 RESOLUTION NO. 38-2008 ADOPTING THE 2008 UPDATE TO THE ECONOMIC DEVELOPMENT STRATEGY FOR THE TOWN OF DANVILLE WHEREAS, the Town of Danville (the "Towh") is committed to promoting and encouraging a diverse and healthy local economy, within an appropriate scale and character, as a means of supporting an outstanding quality of life for all Town businesses and residents; and WHEREAS, the Town has adopted an Economic Development Strategy in 2006 to implement policies and practices to promote the economic health of the commercial properties and create a sense of place; and WHEREAS, these policies and practices require periodic updates to continue to succeed in retaining and enhancing Danville's historic and small town character; and WHEREAS, the Town Council at its annual Planning and Goal Setting meeting considered and supported four new initiatives to update the current direction of the Economic Development Strategy; and WHEREAS, these new initiatives, along with minor technical updates to the language of the Strategy, is incorporated in the "2008 Economic Development Strategy Update"; now, therefore, be it RESOLVED, that the Danville Town Council hereby: 1. Adopts the 2008 Economic Development Strategy Update for the Town of Danville; 2. Appropriates $25,000 in FY 2007-08 General Fund revenues to develop and implement a "Shop Local First" Marketing Program in collaboration with the Chamber and the DDA; and 3. Authorizes the inclusion of the following programs in the FY 2008-09 Financial Plan: a. "Shop Local First" Program Implementation $25,000 - 50,000 b. Parking Utilization Assessment: $15,000 c. East Bay EDA Membership: $7,500 APPROVED by the Danville Town Council at a regular meeting on April 1, 2008, by the following vote: AYES: NOES: ABSTAINED: ABSENT: Andersen, None None None Arnerich, DOYleas ma SkY~~ ~ t2t~ ~ / {LifL A'YOR APPROVED AS TO FORM: ~13 ~~ CITY A ORNEY. } ~ Arrn~ CITY CLERK PAGE 2 OF RESOLUTION NO. 38-2008