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HomeMy WebLinkAboutResolutions - No. 2015-112RESOLUTION NO. 2015-112 A RESOLUTION OF THE LODI CITY COUNCIL APPROVING A $5,000 INCREASE TO THE CITY'S BUDGETED FISCAL YEAR 2015/16 COMMITMENT ($25,290) TO THE SAN JOAQUIN PARTNERSHIP WHEREAS, the San Joaquin Partnership is a private, non-profit economic development corporation focused on business attraction, retention, and expansion into and throughout all of San Joaquin County and each of its member Cities; and WHEREAS, the City has contracted with the San Joaquin Partnership to augment its economic development efforts since 1991; and WHEREAS, the City reduced its annual commitment twice during the period of great economic recession, in Fiscal Years 2009/10 and 2011/12, respectively; and WHEREAS, the San Joaquin Partnership has requested a partial return to the City's pre - recession level of commitment and has submitted an invoice to the City in the amount of $30,290. NOW, THEREFORE, BE IT RESOLVED that the Lodi City Council does hereby approve a $5,000 increase to the City's budgeted Fiscal Year 2015/16 commitment to the San Joaquin Partnership; and BE IT FURTHER RESOLVED, that the City Council does hereby authorize payment of said invoice for Fiscal Year 2015/16 in the amount of $30,290 to the San Joaquin Partnership. Dated: July 15, 2015 I hereby certify that Resolution No. 2015-112 was passed and adopted by the City Council of the City of Lodi in a regular meeting held July 15, 2015, by the following vote: AYES: COUNCIL MEMBERS — Chandler, Kuehne, Mounce, Nakanishi, and Mayor Johnson NOES: COUNCIL MEMBERS — None ABSENT: COUNCIL MEMBERS — None ABSTAIN: COUNCIL MEMBERS — None 'NNIFER FERRAIOLO City Clerk 2015-112