ECONOMIC DEVELOPMENT RESOLUTION - Supporting Designation of the 7 County Triangle J Region as an Economic Development District 3-6-17

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FILED LEE COUNTY NC PAMELA G. BRITT REGISTER OF DEEDS FILED Mar 22, 2017 AT 02:38:55 pm BOOK 00003 START PAGE 0180 END PAGE 0180 INSTRUMENT # 01596 EXCISE TAX (None) RESOLUTION SUPPORTING DESIGNATION OF THE 7 COUNTY TRIANGLE J REGION AS AN ECONOMIC DEVELOPMENT DISTRICT Whereas, Lee County is located in the Triangle J Region of North Carolina; and Whereas, In November 2012, the Triangle J Council of Governments Board of Delegates unanimously adopted The Triangle J Region Comprehensive Economic Development Strategy (CEDS) for the seven county Triangle J Region planning area comprised of Chatham, Durham, Johnston, Lee, Moore, Orange, Wake Counties and their municipalities; and Whereas, the Board of Delegates of Triangle J Council of Governments has directed that Triangle J should undertake activities that further economic development and social welfare in the Triangle J Region planning area and to promote economic development and job creation by carrying out community and economic development initiatives as outlined in the adopted CEDS; and Whereas, Portions of the seven Counties within the Triangle J Region meet all applicable measures of economic distress for unemployment and per capita income as provided in 13CFR 301.3 for the 24 -month period ending February 2017 and the region has experienced job losses that qualify through US EDA under special need; and Whereas, the Triangle J Council of Governments is seeking Economic Development District (EDD) designation for the Triangle J Region planning area through the United States Economic Development Administration; and Whereas, the designation of the Triangle J Region planning area as an EDD will further the community and economic development interests of the seven -county region and greatly enhance implementation of our regional CEDS by coordinating efforts to create jobs, build an entrepreneurial economy and attract reinvestment in communities throughout our region — large, small, urban and rural. Now, Therefore, Be it Resolved, that the Lee County Board of Commissioners, as duly elected and authorized representative of the people of Lee County, do hereby support the designation of the seven -county Triangle J Region planning area, comprised of Chatham, Durham, Johnston, Lee, Moore, Orange, Wake Counties and their municipalities, as an Economic Development District through the U.S. Economic Development Administration.