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CC RESOLUTION 4862RESOLUTION. NO 4862 A RESOLUTION SUPPORTING THE CALIFORNIA OFFICE OF BUSINESS AND ECONOMIC DEVELOPMENT'S MISSION TO INCREASE COMPETITIVENESS OF CALIFORNIA'S BUSINESS CLIMATE WHEREAS, the Economic Development Advisory Council "EDAC" is an advisory committee to the El Segundo City Council and periodically makes recommendations to maintain business climate competitiveness; and WHEREAS, the EDAC noted a series of efforts to "poach" California businesses from organizations outside the state; and WHEREAS, the California Governor's Office of Business and Economic Development is charged with overseeing statewide business incentive programs and to periodically report to California lawmakers regarding their effectiveness; and THEREFORE, the City of El Segundo strongly encourages the California Governor's Office of Business and Economic Development to work closely with lawmakers to continue to increase California's business climate to remain competitive with other States such that poaching efforts from organizations outside of California will cease. BE IT FURTHER RESOLVED, with the concurrence of the Mayor, that by the adoption of this Resolution, the City of El Segundo hereby strongly supports the continued efforts of the California Office of Business and Economic Development to improve competitiveness of California's business climate. PASSED AND ADOPTED this 21st day of January, 2014. 45ill Fisher, Mayor TTEST: Tracy Weav , City Clerk