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Resolution No. 93-49 4 CITY OF TIGARD, OREGON RESOLUTION NO. 93- `IG A RESOLUTION TO ACKNOWLEDGE THAT THE ALCHEMY ANALYTICAL PROJECT IS CONSISTENT WITH THE CITY OF TIGARDIS COMARFHEWSIVE PLAN AND THE CITY COUNCIL APPROVES OF THE OREGON BUSINESS DEVELOPMENT FUND PROJECT PROPOSAL. WHEREAS, the Tigard City Council finds that the development of the Alchemy Analytical Project would foster the economic: growth and legislative policy as set forth in ORS 285.403, and WHEREAS, ORS 285-413 requires, before the approval of an Oregon Business Development Fund project by the State of Oregon, that the governing body of the appropriate local government recommend the project, and wiif;REAS, the City finds that the Project is permitted under the Cityss acknowledged Comprehensive Plan and is consistent with all applicable adopted local economic development plans, and WHEREAS, the City finds that the completion of the laboratory within the City of Tigard would be in the best interest of the citizens of the City. NOW, THEREFORE, BE IT RESOLVED by the Tigard City Council that: Section The Tigard City Council supports the Economic Development Commission's and the State of Oregon's assistance in the financing of the project •within the City of Tigard, through the Oregon Business Development Fund, secured by the improvements as provided by ORS 285.413. )Gd PASSED: This day of -<�e , 1993. ^oT rl ;President - City of Tigard ATTES-= Ci y Recorder - City of. gard ' ja/Resolution i RESOLUTION NO. 93-`7C Page 1 s