WHEREAS, Internet and e-commerce businesses have become the fastest growing sector of the American economy; and
WHEREAS, Philadelphia is a national hub of transportation, education and other unique resources; and
WHEREAS, Philadelphia has borne the brunt of national loss in manufacturing jobs over the past forty years; and
WHEREAS, Philadelphia has not been as successful as other Northeastern cities in attracting Internet and e-commerce businesses; and
WHEREAS, Many the City's suburban municipalities have benefited greatly from these businesses locating to their area; and
WHEREAS, Philadelphia's hub of institutions of higher education and medical research are world renown and create a unique opportunity growth in technology intensive industries; now therefore
BE IT RESOLVED, That City Council's Committee on Labor and Civil Service is authorized to hold hearings on ways to encourage Internet and other e-commerce related businesses to locate to the City of Philadelphia.
End