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HomeMy WebLinkAbout052-2012RESOLUTION NO. 52-2012 APPROPRIATING FUNDS FOR TOWN PARTICIPATION IN THE I -GATE INITIATIVE WHEREAS, the Innovation for Green Advanced Transportation Excellence Innovation Hub (the i-GATE Initiative) has been underway since 2010; and WHEREAS, the goal of the i -GATE Initiative is to create new technology -based jobs and a positive economic impact across the i -GATE region; and WHEREAS, Danville "s Economic Development Strategy has focused upon how to support, promote and expand Danville businesses through a series of local and sub - regional actions; and WHEREAS, participation in the i -GATE Initiative is a part of this overall strategy; and WHEREAS, continued involvement in the i -GATE Initiative at the Municipal Board member level would best serve Danville's ongoing Economic Development goals and interests; now, therefore, be it RESOLVED, that. the Danville Town Council hereby appropriates $25,000 in available Contingency Funds to fund the Towns participation in the i -GATE Initiative for the 2012/13 fiscal year. APPROVED by the Danville Town Council at a regular meeting on April 3, 2012, by the following vote: AYES: Andersen, Doyle, Stepper, Storer NOES: None ABSTAINED: None ABSENT: Arnerich MAYOR APPROVED AS TO FORM: CITY ATTORNEY ATTEST: CITY CLERK