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R-91-1620 - 6/27/1991RS06271D RESOLUTION NO. / WHEREAS, certain individuals and entities have expressed to City officials an interest in building with private financing a multi- purpose /baseball stadium in Round Rock, and WHEREAS, a stadium would bring to the City virtually the same economic benefits as a major industry, such as employment opportunities, additional ad valorem tax base and increased sales tax revenues, and WHEREAS, the City Council wishes to be able to utilize all available methods to recruit and encourage private entities to build a stadium in Round Rock, and WHEREAS, the Council wishes to give the City Manager and his staff the same authority to encourage a multi - purpose baseball stadium to locate in Round Rock as with any other prospective industrial or commercial enterprise, Now Therefore, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF ROUND ROCK, TEXAS, The City Manager and city staff have the authority to utilize all usual efforts to recruit to Round Rock a privately financed multi- purpose baseball stadium, and BE IT FURTHER RESOLVED, That Resolution No. 1518R is hereby repealed. RESOLVED this 27th day of June, 1991. MIKEHROBINSON, Mayor City of Round Rock, Texas ATTEST: Mini) , Q4) JO j^E LAND, City Secretary DATE: June 25, 1991 SUBJECT: City Council Meeting, June 27, 1991 ITEM: 9.D. Consider a resolution repealing Resolution No. 1518 concerning a baseball or multi - purpose stadium. STAFF RESOURCE PERSON: Bob Bennett STAFF RECOMMENDATION: At the Council Retreat, this resolution was requested to be placed on the agenda.