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HomeMy WebLinkAbout1896RESOLUTION NO. /0 '/t{; A RESOLUTION of the City Council of the City of Kent, Washington, adopting the City's 2015- 2020 Economic Development Strategic Plan. RECITALS A. On October 7, 2003, the City Council adopted Resolution No. 1656, adopting the 2003 -2008 Economic Development Strategic Plan. B. By 2010, the City of Kent achieved many of the goals outlined in the plan while experiencing significant population growth, as well as structural changes to its economy, highlighting the need for a new Economic Development Plan. C. In 2011, the City Council and Kent staff developed and adopted the Kent City Council's Strategic Plan -The Vision for 2025, a clear, over- arching vision for Kent's future that addresses all aspects of City governance as well as land use, economic development, community engagements, public health and recreation. The City Council's Strategic Plan developed and articulated the vision, goals and objectives to guide growth in Kent and is the foundation for this City of Kent Economic Development Plan. 1 Economic Development Strategic Plan Repeal & Adopt D. In 2012, working with a consultant, Community Attributes Inc., staff completed Phase I of the Economic Development Plan. Phase I developed a baseline of economic data and analyzed retail, employment, demographic, real estate and industry trends. In addition, the document outlined specific themes, goals and priorities, as informed by these analyses, 16 stakeholder interviews, and a Business Forum involving over 40 Kent business leaders, City staff, the Mayor, City Council members, and key community partners. E. In 2014, City staff and the consultant, Community Attributes Inc., completed Phase II of the Economic Development Plan, drawing from and expanding upon the themes, goals and priorities outlined in Phase I to articulate a robust playbook of specific strategies and action steps, supported by case studies and examples from across the country, for economic growth in Kent. F. The purpose of the Economic Development Plan for the City of Kent is to provide a comprehensive playbook of strategies for economic growth for the next 5 to 10 years. G. The Economic Development Plan will be used to identify, prioritize, coordinate, secure funding, and track progress in implementation of strategies to strengthen and grow Kent's economy. NOW THEREFORE, THE CITY COUNCIL OF THE CITY OF KENT, WASHINGTON, DOES HEREBY RESOLVE AS FOLLOWS: 2 Economic Development Strategic Plan Repeal & Adopt RESOLUTION SECTION 1. -Repealer. Resolution No. 1656, adopting the 2003- 2008 Economic Development Strategic Plan is hereby repealed in its entirety. SECTION 2. Adopt. The City Council adopts the 2015 -2020 Economic Development Strategic Plan ("Plan") and the Technical Appendix, attached and incorporated as Exhibit "A." The Plan and the Appendix shall be filed with the city clerk. SECTION 3. Savings. If any section, subsection, paragraph, sentence, clause or phrase of this resolution is declared unconstitutional or invalid for any reason, such decision shall not affect the validity of the remaining portions of this resolution. SECTION 4. -Ratification. Any act consistent with the authority and prior to the effective date of this resolution is hereby ratified and affirmed. SECTION 5. -Corrections bv Citv Clerk or Code Reviser. Upon approval of the City Attorney, the City Clerk and the code reviser are authorized to make necessary corrections to this resolution, including the correction of clerical errors; references to other local, state or federal laws, codes, rules, or regulations; or resolution numbering and section/subsection numbering. SECTION 6. -Effective Date. This resolution shall take effect and be in force immediately upon its passage 3 Economic Development Strategic Plan Repeal & Adopt PASSED at a regular open public meeting by the City Council of the City of Kent, Washington, this day of rk,'4l:': u_.S i---, 2014. ' .j 5;::t:. /1 CONCURRED in by the Mayor of the City of Kent this (;?/ --day of /iu.Ju sf , 2014. ATTEST: BRUBAKER CITY ATTORNEY I hereby certify that this is a true and correct copy of Resolution No. passed by the City Council of the City of Kent, Washington, the ;&4·/-/._ / / .~ day of 2014. P:\Civii\ResoJution\2015·2020 Economic Development 4 Economic Development Strategic Plan Repeal & Adopt