Title
Amending and restating Resolution 120184 to appoint two additional business community members to the Economic Opportunity Review Committee.
Body
WHEREAS, Bill No. 120013 was approved by City Council on March 1, 2012, and
called for the establishment of an Economic Opportunity Review Committee; and
WHEREAS, Resolution No. 120184 appointed a five (5) person committee entitled the "Economic Opportunity Review Committee" pursuant to ?17-1607 of The Philadelphia Code; and
WHEREAS, Bill No. 250654 expanded the Economic Opportunity Review Committee to seven (7) members in total and the number of business community members from two (2) to four (4); and
WHEREAS, Asian American-owned businesses are one of the fastest-growing segments of Philadelphia's local economy and contribute significantly to job creation, commercial corridor revitalization, and economic diversity across the City; and
WHEREAS, According to Visit Philadelphia, the Asian American population in the City is 8%, Asian American-owned businesses make up 11% of the City's small businesses. This demonstrates that the Asian American community contributes more than their share of the overall population; and
WHEREAS, The inclusion of the Asian American Chamber of Commerce of Greater Philadelphia would not only help fulfill the Committee's mandate to represent the broader business community, but also align with the City's commitment to equity and inclusion; and
WHEREAS, The LGBTQ+ community is an essential part of the business economy in the City, LGBTQ+ businesses in Philadelphia are more than just enterprises, they are driving forces for culture, identity, and progress; and
WHEREAS, The Williams Institute at the UCLA School of Law found that the LGBTQ+ population occupies 5.8% of Pennsylvania and 4.2% of the Greater Philadelphia region. Philadelphia is home to the Gayborhood, a recognized and celebrated area with several LGBTQ-owned or allied bars, caf?s, boutiques, and bookstores; and
WHEREAS,...
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