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CC Resolution 12260RESOLUTION N0.12260 BEING A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CAMPBELL APPROVING AN ECONOMIC DEVELOPMENT PLAN WHICH REFLECTS THE EXPECTATIONS OF THE CITY COUNCIL AND TO FURTHER IMPLEMENT THE GOALS, POLICIES AND STRATEGIES OF THE GENERAL PLAN. WHEREAS, in 1995 the City Council adopted an Economic Development Plan that acknowledged the importance and necessity of maintaining a sound and stable commercial tax base to support and provide quality municipal services; WHEREAS, in 2006 the City Council adopted an Economic Development Strategy to help diversify its focus on a broader scale to assist local business utilizing redevelopment programs; WHEREAS, the City Council continues to recognize the importance of maintaining a current Economic Development Plari that removes outdated and unfunded programs while refocusing staffing duties and responsibilities to assist local businesses; WHEREAS, the Economic Development Plan would repeal and replace the existing 2006 Economic Development Strategy; WHEREAS, the adoption of ah Economic Development Plan is not a project subject to the California Environmental Quality Act (CEQA); WHEREAS, the Council recognizes that the Economic Development Plan is a proactive tool to focus staffs attention to retaining existing business while findings ways to attract new business into the City; NOW, THEREFORE, BE IT RESOLVED that the City Council adopts a Resolution approving an Economic Development Plan that will repeal and replace the existing 2006 Economic Development Strategy as set forth in Exhibit A. PASSED AND ADOPTED this 215 day of November, 2017, by the following roll call vote: r AYES: COUNCILMEMBERS: Waterman, Cristina, Landry, Resnikoff, Gibbons NOES: COUNCILMEMBERS: None ABSTAIN: COUNCILMEMBERS: None ABSENT: COUNCILMEMBERS: None APPROVE ~ "Vi 7 ~~~ Eli eth "Liz" Gibbons, Mayor ATTEST:. , Wen y ood, City Clerk