
Reparations Convention Report: MADE IN DETROIT....Coming soon, the Motor City will have its own Black Wall Street. Dr. Claud Anderson's Powernomics Economic Development Plan is building a community with manufacturing, production, retail, cultural, etc. owned and operated by Black businesses. Check out the resolution.. Tell me what y'all think
Revised October 18, 2004 – 2nd Version
A Resolution by President Pro Tem Kenneth Cockrel and Hon. Alberta Tinsley-Talabi
Clarifying City Council's Position regarding the Powernomics Economic Development Plan
Whereas, The Detroit City Council entered into a contract with Dr. Claud Anderson and the Powernomics Corporation of America, Inc., to assist in developing a local economic plan for the City of Detroit; and
Whereas, Dr. Anderson submitted a June 30, 2004 report to the Detroit City Council entitled The Powernomics Economic Development Plan for Detroit’s Under-Served Majority Population@ containing recommendations to increase the number of black-owned businesses in the City of Detroit. The report included recommendations to create an inner city business district for African American businesses, referred to as African Town, and a capital fund to provide financial assistance for the African American businesses; and
Whereas, On July 14, 2004, the Detroit City Council approved two resolutions supporting the creation of a capital fund and inner city business district as referenced in the Powernomics proposal; and
Whereas, The Detroit City Council acknowledges that some of the rhetoric contained in Dr. Anderson's report has offended a great number of Detroit residents and regrets that the City Council's actions may have been interpreted by some as racist; and
Whereas, The Detroit City Council fully recognizes and is proud of the many great accomplishments and contributions to Detroit's social and economic fabric that have been made by our European, Latino, Arab, Chaldean and Asian residents and business owners; and
Whereas, The Detroit City Council also recognizes the historic role of African Americans in the development of this country and believes that the synergy created by a business district showcasing the rich culture and significant achievements of African Americans can only improve the economic and social environment within the City of Detroit; and
Whereas, The Detroit City Council understands that existing law would not make it possible to proceed with the establishment of a capital fund and inner city business district as referenced in the Powernomics plan. NOW THEREFORE BE IT
Resolved, That the Detroit City Council supports, and is committed to, the development of a business district incorporating the rich heritage of African Americans in the City of Detroit in a manner that conforms to existing local, state and federal laws; and be it further
Resolved, That the focus of this business district is a variety of entertainment, retail, commercial and cultural activities which, at one time in the history of the City of Detroit, flourished in a section of the city known as Paradise Valley; and be it further
Resolved, That the Detroit City Council requests that the Detroit Economic Growth Corporation (DEGC) and City Planning Commission (CPC) work with Detroit Black Business owners, entrepreneurs and trade associations to undertake the required steps to develop this business district so that it can be enjoyed by all ethnic groups just like Greektown and Mexicantown; and be it further
Resolved, That the DEGC and CPC, in conjunction with Black Business trade associations, is requested to provide the Detroit City Council with a comprehensive report, outlining a timeline, process by which a district of this nature can be developed, how to attract potential businesses, developers and identify potential funding sources; and be it further
Resolved, That this resolution supercedes and takes precedent over any and all previous resolutions pertaining to this matter; and be it further
Resolved, That the City Council's future consideration and discussions regarding an African American business district in the City of Detroit will be done solely within the framework set forth in this resolution; and be it finally
Resolved, That a copy of this resolution be forwarded to the Mayor of the City of Detroit and the DEGC.
What y'all think about that?
Posted By: Ebony Tillman
Tuesday, March 28th 2006 at 11:57AM
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