WHEREAS, the 2002 Leadership Conference convened by the Greater Seattle Chamber of Commerce engaged over 300 leaders, including more than 35 elected officials, from the Seattle metropolitan area to plan for regional economic recovery; and

WHEREAS, the Washington and Seattle economies are experiencing a significant challenge associated with the national recession that include high unemployment, a substantial loss of jobs in manufacturing, including high-tech manufacturing, a decline in the amount of venture capital available to help entrepreneurs create businesses, and an increase in the number of people in need of family support services; and

WHEREAS, the City of Seattle has significant opportunities in underdeveloped or underutilized areas of the city, such as South Lake Union, South Downtown, Southeast Seattle and the University District; and

WHEREAS, among our city's assets are a first-rate research university that receives millions of dollars in grant funding each year, a pool of talented entrepreneurs, a dedicated and highly-educated workforce, and scenic beauty; and

WHEREAS, the City of Seattle cannot afford to take any employer or potential employer for granted if our citizens are to have access to jobs and prosperity and if we are to have a stable, diverse, robust economy; and

WHEREAS, the Leadership Conference proposed a shared economic development vision for the region to bring jobs and prosperity to our citizens;

NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SEATTLE, THE MAYOR CONCURRING, THAT:

1. The City of Seattle supports a regional commitment to encourage The Boeing Company to keep its manufacturing facilities in the Puget Sound Area, build its next generation of commercial airplane here, and sustain its rank as the top commercial airplane maker in the world.

2. The City of Seattle supports a regional commitment to grow and expand the bio-medical and bio-information sectors. The City of Seattle will consider strategies to make South Lake Union the region's most competitive location for biotech research and manufacturing. Additional suggested strategies that the City may consider as they develop are included in Attachment A.

3. The City of Seattle supports strengthening the region's commitment to research, development and global marketing for clean energy and advanced energy technologies. The City will work with the Port of Seattle and other property owners to make the region the most competitive location for energy technology research, manufacturing and distribution in a manner that is consistent with the best interests of the City. Additional suggested strategies are included in Attachment A.

4. The City of Seattle will work with the Chamber and the attendees of the 2002 Leadership Conference to strengthen the City's business climate to support the retention and expansion of jobs. The City will continue to streamline our permitting processes, consolidate and simplify business licensing and work to improve the timeliness and predictability of our processes. Where it is consistent with the City's interests, we will work to identify and remove unnecessary and burdensome restrictions that hamper economic growth and development. The City will collaborate with other regulatory agencies to consolidate and streamline requirements especially those that impact small and start-up businesses.

5. The City of Seattle supports state legislative efforts that help create a favorable business climate, which in turn can help foster the development of regional industry clusters that pay livable wages. These legislative efforts include changes to state law to allow "pay as you grow" tax increment financing to fund infrastructure development needed to make our economy work.

6. The City of Seattle supports building a skilled and educated local workforce in two ways. First, the City of Seattle supports greater integration of early childhood, K-12, post-secondary and higher education. Secondly, the City supports programs and initiatives that enhance the pool of workers and professionals for the future. The City of Seattle also supports enhanced education funding which is stable, predictable and based on student need.

7. Seattle will work with other regional leaders to seek comprehensive solutions to addressing our transportation problems, including implementation of a regional transportation plan.

Adopted by the City Council the _____ day of _______________, 2002, and signed by me in open session in authentication of its adoption this _____ day of _______________, 2002. ________________________________________ President of the City Council

THE MAYOR CONCURRING: ________________________________________ Mayor

Filed by me this _____ day of _______________, 2002. ________________________________________ City Clerk

November 4, 2002 V. #3 ta ATTACHMENT A To Resolution No. 30542

Additional Potential Economic Strategies

* Collaborate with the University of Washington in hosting an event to attract the siting of the National Institutes of Health Biomedical Imaging and Bioengineering Center in our city.

* Review land use code ceiling height provisions to ensure that biotechnical laboratories can be adequately sited.

* Support the growth of advanced energy technologies and enterprises through active partnership with the Northwest Energy Technology Collaborative, Climate Solutions, and other regional businesses and institutions.

* Support state policies to encourage clean energy industry development, including clean energy content standards for power suppliers and use of CO2 mitigation funds for investment in Washington-based clean energy projects and businesses.

* Support local and regional efforts to build the market for energy efficiency, renewable energy, and advanced energy technologies.

* Support efforts to create national centers of excellence for clean energy technology and smart energy information systems in the Northwest in partnership with energy technology leaders in the federal sector, including BPA, PNNI, Hanford, and the USDOE Regional Support Office.

November 4, 2002

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