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Res 98-004__ RESOLUTION NO. 98-004 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF POWAY FINDING SUPPORT FOR CREATION OF PARTNERSHIP FOR THE NEW CENTURY ECONOMY-A REGIONAL CLUSTER BASED ECONOMIC DEVELOPMENT INITIATIVE WHEREAS, the San Diego regional economy is undergoing a historic restructuring in the aftermath of the end of the Cold war era and the most recent national economic recession; and WHEREAS, a "new economy" is emerging in the San Diego region which is based on high technology industrial clusters that present opportunities for the creation of new high paying, high quality jobs which will enable the region to maintain a high quality of life; and WHEREAS, encouraging the expansion of industry clusters such as bioscience, communications, software, electronics, defense and space, environmental technologies, and sports and recreational goods will help to raise the region's standard of living through higher incomes; and WHEREAS, the San Diego Regional Economic Development Corporation is promoting the creation of a regional cluster based initiative designed to identify the constraints to the continued expansion of the targeted industry clusters and to develop action plans to ameliorate these constraints; and WHEREAS, the regional cluster based initiative known as Partnership for the New Century Economy calls on the region's Mayors, Chairman of the County Board of Supervisors, universities, community college districts, K-12 school districts, the San Diego Unified Port District, the military, San Diego Regional Technology Alliance, and San Diego Workforce Partnership to participate on the initiative's Public Sector Roundtable; and WHEREAS, the Public Sector Roundtable will receive and respond to the recommendations of leading corporate executives from the targeted industry clusters for necessary public policy changes in order to encourage the continued expansion of these industries. NOW, THEREFORE, the City Council of the City of Poway does resolve the following: Section 1: The expansion of industry clusters will help improve the City's economic base and raise the standard of living for Poway residents. Resolution No. 98-004 Page 2 Section 2: The San Diego Regional Economic Development Corporation is promoting the creation of a regional cluster based initiative. Section 3: The City of Poway supports the formation and execution of the duties of Partnership for the New Century Economy and will participate on the Public Sector Roundtable of the initiative. PASSED, ADOPTED, AND APPROVED by the City Council of the City of Poway, California, at a regular meeting thereof this 27th day of aanuar~v ,1998. Don Higginson, Mayor ATTEST: Marjo~'ie ~. Wahlsten, City Clerk Resolution No. 98-004 Page 3 STATE OF CALIFORNIA ) ) SS. COUNTY OF SAN DIEGO ) I, Marjorie K. Wahlsten, City Clerk of the City of Poway, do hereby certify the foregoing resolution No. 98-004 was duly adopted by the City Council at a regular meeting of said Council on the 27th day of January, 1998, and that it was so adopted by the following vote: AYES: EMERY, GOLDBY, REXFORD, HIGGINSON NOES: NONE ABSTAIN: NONE ABSENT: CAFAGNA Marjorle I~. Wahlsten, City Clerk