RESOLUTION NO. 050324
Expressing the support of the
City Council for the inclusion of the Planned Industrial Expansion Authority of
Kansas City, Missouri, and the Industrial Development Authority of the City of
Kansas City, Missouri, within the support structure provided by the
Economic Development Corporation of Kansas City, Missouri.
WHEREAS, the
Economic Development Corporation of Kansas City, Missouri, (EDC), formerly
known as the Kansas City Corporation for Industrial Development, was
established as a not-for-profit corporation to coordinate the efforts of the
various economic development agencies of Kansas City and to provide a cohesive
and integrated network of services to support the various agencies; and
WHEREAS, the
City Council first expressed its endorsement of the coordinated effort provided
by EDC in Resolution No. 49068 adopted April 28, 1978; and
WHEREAS, EDC has
proven an effective vehicle to coordinate various independent statutory
agencies of the City for the purpose of providing incentives for new and
expanded economic development within the corporate boundaries of Kansas City;
and
WHEREAS,
consideration has been given to include certain agencies not currently
benefiting from EDC services within the support structure of EDC, specifically
the agencies of the Planned Industrial Expansion Authority of Kansas City, Missouri,
(PIEA) and the Industrial Development Authority of the City of Kansas City,
Missouri, (IDA); and
WHEREAS, the
City Council desires to express its support for the inclusion of the PIEA and
the IDA as City agencies which receive the benefits of operation under EDC;
NOW, THEREFORE,
BE IT RESOLVED
BY THE COUNCIL OF KANSAS CITY:
That the City
Council hereby expresses its support of the expansion of services provided by
the Economic Development Corporation of Kansas City, Missouri, to the Planned
Industrial Expansion Authority of Kansas City, Missouri and the Industrial
Development Authority of the City of Kansas City, Missouri, to enhance the
efforts of Kansas City to attract new businesses to Kansas City and to provide
appropriate benefits to existing businesses in expansion and relocation.
BE IT FURTHER
RESOLVED that the Council directs that a copy of this Resolution be spread upon
the minutes and copies delivered to the Board of Directors of Economic
Development Corporation of Kansas City, Missouri, the Planned Industrial
Expansion Authority of Kansas City, Missouri, and the Industrial Development
Authority of the City of Kansas City, Missouri.
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