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RE 05-09-95.2 A RESOLUTION OF THE CITY OF COPPELL, TEXAS RESOLUTION NO. 050995.2 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF COPPELL, TEXAS, DESIGNATING THE GEOGRAPHIC AREA DESCRIBED IN EXHIBIT "A" ATTACHED HERETO, AS AN AREA OF HIGH UNEMPLOYMENT AS DEFINED IN THE CODE OF FEDERAL REGULATIONS; DECLARING THAT THIS RESOLUTION FULFILLS THE REQUIREMENTS OF 8 CFR § 204.6(i) PURSUANT TO AUTHORITY GRANTED TO THE MAYOR BY THE GOVERNOR OF THE STATE OF TEXAS, AND MAY BE USED BY A POTENTIAL INVESTOR IN A COMMERCIAL ENTERPRISE IN THE CITY OF COPPELL, TEXAS, IN SUPPORT OF AN APPLICATION TO THE IMMIGRATION AND NATURALIZATION SERVICE AS PROVIDED UNDER 8 CFR § 204.6(j)(6)(B); AND PROVIDING AN EFFECTIVE DATE. WHEREAS, upon full review and consideration of unemployment in the City of Coppell, the City Council is of the opinion and finds that the geographic area described in Exhibit "A" attached hereto and made a part hereof for all purposes, is an area of high unemployment as defined in the Code of Federal Regulations, Title 8, Section § 204.6; and WHEREAS, the City Council finds that new investments in commercial enterprises in the area described in Exhibit "A" will enhance the economic vitality of the community through a combination of new capital investment, increased tax revenues, and the creation of additional job opportunities; and WHEREAS, authority to certify a geographical area in a city of a population of 20,000 or more to be an area of high unemployment as defined in 8 CFR § 204.60) has been granted to the Mayor by the Governor of the State of Texas; and WHEREAS, the City of Coppell, Texas, has a population of 20,000 or more; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF COPPELL, TEXAS, THAT: SECTION 1. That the area located in the City whose boundaries are described in Exhibit "A" attached hereto and made a part hereof for all purposes, is an area of high unemployment as defined by 8 CFR § 204.6; and is hereby certified as an area of high unemployment by the Mayor, pursuant to authority granted by the Governor of the State of Texas. SECTION 2. This Resolution fulfills the requkements of 8 CFR § 204.6(i) and may be used in support of an application by a person desiring to invest in a commercial enterprise in the area described in Exhibit "A" to the Immigration and Nationalization Service under 8 CFR § 204.6(j)(6)(B). SECTION 3. This Resolution shall become effective immediately from and after its passage. DULY PASSED AND APPROVED by the City Council of the City of Coppell, Texas, on the 9th day of May, 1995 APPROVED: TOM MORTON, MAYOR ATTEST: LINDA GRAU, CITY SECRETARY APPROVED AS TO FORM: PETER G. SMITH, ATTORNEY (PGS/jd 4-18-95) AGG06BOB