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County Commissioner Resolutions - July 2001 (2)., ►�3 Resolution No. Zdr—D/— o y A RESOLUTION APPROVING THE SOUTHWEST INDIANA 2000 COMPREHENSIVE ECONOMIC DEVELOPMENT STRATEGY AND SUPPORTING THE CREATION OF THE SOUTHWEST INDIANA ECONOMIC DEVELOPMENT DISTRICT WHEREAS, the Board of Commissioners of the County of Gibson, Indiana (hereinafter referred to as "the Boazd") recognizes that Gibson County is one of four counties (Gibson, Posey, Vanderburgh, Warrick) that compose a regional labor market area and economy that is commonly refeaed to as Southwest Indiana, and WHEREAS, irnportant economic and community development related issues frequently transcend county lines requmng multi-jurisdictional approaches and solutions, and WHEREAS, the Board recognizes the time and effort of the members of the Souihwest Indiana Strategy Committee to develop a Comprehensive Economic Development Strategy intended to address regional development issues and regional communication, and WHEREAS, the Boazd recognizes the need for a formal regional entity to wntinue the economic development planning, implementation, and coordination of the Southwest Regional Strategy Committee, and WHEREAS, a regional strategy and economic development entity approved by the United States Economic Development Administration (EDA) could directly benefit Gibson County and the region as a whole by: coordinating regional economic concerns and solutions with State or Federal agencies and may qualify the region for grant assistance from the EDA and/or other federal sources. NOW THEREFOAE BE IT RESOLVED, the Boazd of Commissioners of the County of Gibson, Indiana hereby approves the Soathwest Indiana 2000 Comprehensive Economic Development Strategy attached hereto as Exhibit A, and; BE IT FURTHER RESOLVED, the Boazd supports the creation and designation of the Southwest Indiana Regional Economic Development Council as an Economic Development Administration approved Economic Development Disvict, and BE IT FURTHER RESOLVED, the Boazd pledges an amount of�5,700.per year for each ofthe next two fiscal yeazs, this amount being based upon a formula allocaung a requ'ved amount oi $50,000 per yeaz among the four counties on a per capita basis. (Allocation formula shown on E�chibit B, attached.) Approved by the Boazd of Commissioners of the County of Gibson this � day of July, 2001. BOARD OF COMMISSIONERS ✓� d a .i'. .t�iJ INDA HOOVER / / i � � i �.�. _ . .�.. AL EN PERKINS � ATTEST: KEN GRUEBEL Auditor of Gibson County, Indiana � eb3 The anticipated budget for an economic development entity for Southwest Indiana is $100,000 per year for the first two fiscal yeazs. A grant will be sought to supp}y one-half the required amount ($50,000) per year and the additional $50,000 will come from the four counties. The $50,000 was apportioned among the four counties based upon census data as described above. �� s�� z