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R-89-1264 - 4/13/1989WHEREAS, the key to increasing employment and maintaining a stable tax base is the retention and expansion of existing business firms; and WHEREAS, the City of Round Rock will be in a well - informed position to effectively intervene to retain companies and to encourage and assist in their expansion; and WHEREAS, the active and visible support of the Mayor and Councilmembers is essential to a strong and effective business retention and expansion effort; and WHEREAS, it is desirable that local government officials, the Round Rock Chamber of Commerce and other business groups work together to learn about, and respond to problems and opportunities faced by local business firms; and WHEREAS, an organized Business Retention and Expansion Program would benefit small, independent business persons as well as larger firms and traditional industries; Now Therefore, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF ROUND ROCK, TEXAS, That the City of Round Rock is committed to developing, in conjunction with the Round Rock Chamber of Commerce, a Business Retention and Expansion Program. Activities should include, but not be limited to, identification of all businesses in the community and their chief executive officers, recruitment and training of volunteers for chief executive interviews, immediate response, where possible, by the city or private sector to individual business problems and opportunities discovered, and analysis of survey data to develop new programs in order to help keep Round Rock's existing business healthy and satisfied. RESOLVED this 13th day of April, 1989. ATTEST: 1 lilt �L /I! I&4 It./ E LAND, City Secretary C42RESBUSIN RESOLUTION NO. / -- MIKE ROBINSON, Mayor City of Round Rock, Texas DATE: April 11, 1989 SUBJECT: Council Agenda, April 13, 1989 ITEM: STAFF RESOURCE PERSON: Kathy Mayfield STAFF RECOMMENDATION: Approval. 13E. Consider a resolution authorizing the establishment of a Business Retention & Expansion Program. ECONOMIC IMPACT: The focus of the program is on existia2 businesses. This important sector generates payroll, tax dollars and community support from within Round Rock. Investing in assisting existing businesses is a cost - effective strategy for local economic development.