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Item 4IItem 4.IResolution No. 09-010 establishing a Southlake Business Council Greg Last Introduction Economic Development Mission: To help create a diversified, vibrant and sustainable economy through attraction and support of business enterprises meeting the vision and standards desired by City leaders. Goal: To develop and implement programs to retain and support existing businesses. Mission and Goals Southlake Business Council History of strong relationship with businesses, in particular Sabre Holdings Success of SPIN program for years SBC is a composite of benefits from both programs Background Southlake Business Council SBC would serve as an advisory committee to Council City Council makes all appointments Future action if resolution approved Two-year term appointments Members Southlake Business Council Concept proposes business “seats” representing diverse constituencies Members Southlake Business Council Would also include non-voting “Ex-Officio” members Members Southlake Business Council SBC Mission and Goals to be established by members upon seating Enhanced communication between the City and its businesses Identify and strengthen strategic intersections Well-vetted regulatory issues Business climate monitoring & feedback Economic tracking SBC Mission and Goals Southlake Business Council Staff recommends approval of Resolution 09-010 establishing a Southlake Business Council Questions? Greg Last (ext. 8037)