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Resolution - 9017RESOLUTION NO. 9017 A RESOLUTION OF THE CITY COUNCIL OF THE CITY,OF WEST COVINA, CALIFORNIA, SUPPORTING AN INTERNATIONAL TECHNOLOGY VENTURE CENTER TO BE ADMINISTERED BY CALIFORNIA POLYTECHNIC UNIVERSITY - POMONA. • WHEREAS, California has a need to restructure the overall economy of the state and an International Technology Venture Center (ITVC) offers unique possibilities to develop and grow technology based businesses in the Greater Los Angeles area; and WHEREAS, an ITVC administered by California Polytechnic University - Pomona, affords existing and start-up businesses opportunities to draw upon the educational and business community; and , WHEREAS, Hughes Aircraft and other companies located in Southern California have committed to the concept and project; and WHEREAS, a project of this type has the best potential to succeed on a regional, joint -venture approach to restructuring defense, aerospace, and start-up businesses in the Greater Los Angeles area; and WHEREAS, a regional economic recovery will be augmented by new technological businesses based in a regional, full -service center designed to encourage and promote business innovation; NOW, THEREFORE, the City Council of the City of West Covina, California, does resolve as follows: Section 1. That the City Council hereby encourages the Department of Defense, Advanced Research Project Agency to. fund and support the International Technology Venture Center (ITVC) to be located near the Cal Poly Campus as a significant step towards the economic revitalization of the defense/aerospace industry and California. Section 2. That a copy of this resolution expressing the City Council's support shall be forwarded to the following federal officials: 1. Director Denman, Advanced Research Project Agency/ Technical Reinvestment Project, 3701 N. Fairfax Drive, Arlington, Virginia, 22203; 2. Senator Dianne Feinstein, Hart Senate Office Building, Washington, DC, 20510-0504; 3. Senator Barbara Boxer, Hart Senate Office Building, Washington, DC, 20510-0505; 4. Congressman David Dreier, 411 Cannon Building, Washington, DC, 20515. Section 3. This resolution shall take effect immediately upon adoption by the City Council, and the City Clerk shall certify the • vote adopting this resolution. APPROVED AND ADOPTED THIS 7th day of September , 1993. w � �S! WNTM1 V �1 1 � J, � ATTEST: City Clerk v City Clerk I HEREBY CERTIFY that the foregoing • adopted by the City Council on the 7th day by the following vote of the City Council: AYES: Wong, Herfert, McFadden NOES: None ABSENT: Jennings, Manners ABSTAIN: None APPROVED AS TO FORM: 0 Resolution was duly of September , 1993