HomeMy WebLinkAboutResolution - 101068I - Endorsement Of "Project Own" - 10/10/1968oil �VV
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WHEREAS: The Mayor and the City. Council of the City of
Lubbock have been informed that the Small Business Administration has
launched a new program aimed at speeding up the formation of "minority-
owned businesses;" and,
WHEREAS: This new'drive will enlist the aid of private
capital, volunteer management assistance, and other support backed up
by.Federal"Government guaranteed loans; and,
WHEREAS: Community groups will' be involved in identifying
potential owners and managers and organizing local efforts to work
toward solutions to some of the Nation's most compelling problems; and,
WHEREAS: This undertaking called "Project Ownenvisions
the purchase by minority members of businesses, establishment ofnew
enterprises,.and upgrading of existing businesses;
NOW, THEREFORE, BE IT RESOLVED, that the Mayor and City
Council of Lubbock, Texas, do hereby endorse "Project Own" as beneficial
to this community; and as the governing body of the City of Lubbock do
urge all members of the private business sector'to give maximum.support
to this worthwhile project. t
Signed in Lubbock, Texas, this-10th day of October, 1968.
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