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CC Resolution No. 9313 RESOLUTION NO. 9313 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CUPERTINO SUPPORTING A REGIONAL ECONOMIC DEVELOPMENT STRATEGY· AND COMMENDING THE EFFORTS OF THE ECONOMIC DEVELOPMENT TEAM OF JOINT VENTURE: SILICON V ALLEY NETWORK WHEREAS, Silicon Valley is the high-technology capital of the world; and WHEREAS, Silicon Valley's success is critical to the success of the entire Bay Area; and WHEREAS, all local municipalities benefit from a strong regional economy; and WHEREAS, collaboration among the Silicon Valley cities, Santa Clara County, and the State of California to develop and implement a regional economic development strategy is critical to Silicon Valley's long term economic future; and WHEREAS, the Economic Development Team of Joint Venture is composed of representatives from the State of California, Santa Clara County, and the cities of Silicon Valley, and it is committed to developing a successful regional economic development strategy, and it is working in a spirit of collaboration, NOW, THEREFORE, BE IT RESOLVED, that the City of Cupertino supports a regional strategy and commends the efforts of the Economic Development Team of Joint Venture: Silicon Valley Network to retain and expand existing high-technology companies within the region, PASSED AND ADOPTED at a regular meeting of the City Council of the City of Cupertino this ~ day of April , 1995, by the following vote: YQ1!: Members of the City Council AYES: NOES: ABSENT: ABSTAIN: Bautista, Burnett, Koppel, Sorensen, Dean None None None APPROVED: /s/ Wally Dean Mayor, City of Cupertino ATTEST: /s/ Kimberly Smith City Clerk