CITY OF TEXARKANA, AR

REQUEST FOR BOARD ACTION

 

AGENDA TITLE:  Adopt a Resolution supporting the efforts of AR-TX Regional Economic Development Incorporated (REDI) and its mission statement to create a strong regional effort to attract business and industry to the Texarkana, Arkansas Texarkana, Texas Metropolitan Statistical Area (Texarkana MSA).  (ADMIN)

 

AGENDA DATE:  July 2, 2018

ITEM#:  6 

DEPARTMENT:   Administration

DATE SUBMITTED:  June 20, 2018

PREPARED BY: Heather Soyars, City Clerk

SUBJECT: Resolution supporting a region effort to attract business and industry.

EXHIBITS:  Resolution

APPROVAL:

 

 

EXPENSE REQUIRED: None

AMOUNT BUDGETED: None

APPROPRIATION REQUIRED: None

SUMMARY: AR-TX REDI would like the support of the Board of Directors in their effort to attract business and industry to the Texarkana area.  The City of Texarkana, Texas, adopted a similar resolution May 29, 2018.

BOARD ACTION: The City Manager and staff recommend Board approval.

EMERGENCY CLAUSE:  This is a resolution therefore no emergency clause is needed.

 

RESOLUTION NO._____

          WHEREAS, the Texarkana, Arkansas Texarkana, Texas Metropolitan Statistical Area (Texarkana MSA), as defined by the United States Office of Management and Budget, is a two-county region comprising the twin cities of Texarkana, Arkansas, and Texarkana, Texas, and encompassing the surrounding communities in Miller County, Arkansas, and Bowie County, Texas; and

          WHEREAS, the Texarkana MSA is the anchor of a 106-mile interstate corridor pipe that continues to develop as a national crossroads for transportation and is now the home of three convergent interstate highways (I-49, I-30 and I-369) and contains access to rail, air, and natural resources; and

          WHEREAS, the Texarkana MSA is positioned for exponential economic growth within the logistic, manufacturing, and transportation sectors; and

          WHEREAS, the Board of Directors of the City of Texarkana, Arkansas, supports and encourages bi-state, regional economic development through its policies and programs; and

          WHEREAS, AR-TX REDI (Regional Economic Development Incorporated) has been organized and can serve as a catalyst to connect prospective national and international business and industry contacts with regional partners to build a stronger economy; and

          WHEREAS, the Board of Directors believes supporting the AR-TX REDI organization and its mission to create a strong regional effort to attract new business and industry is critical to the growth of the Texarkana MSA.

          NOW, THEREFORE, BE IT RESOLVED by The Board of Directors of the City of Texarkana, Arkansas:

          SECTION 1:  The Board of Directors wholeheartedly support the professional efforts of AR-TX REDI and its mission statement to create a strong regional effort to attract business and industry to the Texarkana MSA.

          SECTION 2:  The Board of Directors may in the future consider creation of a restricted fund for use in accordance with City policies and programs to attract new business and industry, all to the extent permitted by applicable law.

          SECTION 3:  Nothing contained in this Resolution is intended nor shall be deemed to create any relationship between the City and AR-TX REDI, which is an independent private entity, or (ii) obligate the City to any future allocation or expenditure of funds.

PASSED AND APPROVED this 2nd day of July, 2018.

 

 

_____________________________

Ruth Penny Bell, Mayor

ATTEST:

 

 

 ________________________________

Heather Soyars, City Clerk

 

 

APPROVED:

 

 ________________________________

George Matteson, City Attorney