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RESOLUTION NO. 2012-88R A RESOLUTION OF THE CITY OF SAN MARCOS, TEXAS AUTHORIZING THE MAYOR TO SIGN A MEMORANDUM OF UNDERSTANDING BETWEEN THE CITY OF SAN MARCOS AND THE TEXAS SOUTH - INTERNATIONAL ALLIANCE FOR THE PURPOSE OF ENCOURAGING FOREIGN BUSINESS INVESTMENT AND RECRUITMENT AND LOCAL JOB CREATION; AND PROVIDING AN EFFECTIVE DATE RECITALS: 1. The City of San Marcos seeks to collaborate with other cities in establishing and conducting an initial trade mission to China and other countries to market the Texas South region in 2012. 2. The City of San Marcos will consider common areas for regional marketing to focus on, but not be limited to, energy, bioscience and healthcare, logistics, advanced manufacturing and tourism to garner international attention and investment. 3. The City of San Marcos desires to leverage Texas South educational linkages and research assets. 4. The City of San Marcos wishes to market geographic advantages that serve as a gateway to Latin America. 5. The City of San Marcos seeks to collaborate with other cities to identify linkages in each respective community to support the expansion of exports to foreign markets, including China. 6. The City of San Marcos wishes to join with the cities of Corpus Christi, Brownsville, Edinburg, Laredo and San Antonio to establish the Texas South - International Alliance ( "TS -IA ") to pursue the foregoing objectives. BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SAN MARCOS, TEXAS: PART 1. The City Council hereby adopts the Recitals above as true and incorporates them as its findings in this Resolution. PART 2. The City Council of the City of San Marcos recognizes that international investment and expansion bring economic benefits to the Greater San Marcos region. PART 3. The City Council further finds that a joint marketing approach with regional partners in the TS -IA benefits the City of San Marcos.