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SGA Votes to Support the Passage of Issue 1/Third Frontier Project

On April 12, 2010, YSU’s Student Government Association voted to adopt a resolution in support of Ohio Issue 1, which will be appearing on the May 4 ballot.  To encourage support for Issue 1, SGA would like to invite students to show their support on Facebook by marking their plan to “attend” this event as a vote in favor of Issue 1.

For those who aren’t familiar with the Third Frontier project, we’re providing several links with more information.

http://www.ballotpedia.org/wiki/index.php/Ohio_Third_Frontier_Bond_Renewal,_Issue_1_%282010%29
https://development.ohio.gov/bs_thirdfrontier/
http://en.wikipedia.org/wiki/Third_Frontier

If you aren’t sure where your polling location is for the election, you can look it up on the Ohio Secretary of State’s website: http://www.sos.state.oh.us/SOS/elections/voterInformation/procedures.aspx

The following is the resolution supporting the passage of Issue 1 in its entirety, as voted on April 12, 2010.

SR S 2010-01

Brown, Twyford, Meditz

Resolution in Support of State Issue 1

 

WHEREAS, the Third Frontier Initiative was created to preserve and create jobs, enhance education opportunities, and improve the quality of life and general well being of people and businesses throughout Ohio by expanding Ohio’s research capabilities to promote product innovation, development and commercialization; and

WHEREAS, the Third Frontier program has laid the foundation for the creation and growth of technology-based jobs and businesses, increased early stage capital investments, improved the environment for technology entrepreneurs, increased collaboration in research and development, and enhanced our economic competitiveness and diversity; and

WHEREAS, more is expected of this program in the next few years as the research translates into market solutions, companies and lasting jobs; and

WHEREAS, the State of Ohio’s Third Frontier initiative has delivered measurable results by investing $681 million since 2002 which has yielded $6.6 billion in wages and benefits, and more than 48,000 jobs; and

WHEREAS, Youngstown State University as a result of its participation in the Third Frontier program has teamed with 30 business and industry partners in the Mahoning Valley and has developed internship programs that engage our students with area firms; and

WHEREAS, Youngstown State University has generated more than $4 million in additional federal and industry funding from the Third Frontier program, which has been a contributing factor in the University’s extraordinary rise in external funding receipts in recent years; and

WHEREAS, the proposed state constitutional amendment will authorize the State of Ohio to issue up to $700 million in the bonds for the Third Frontier initiative in order to provide financial assistance for research, product innovation, and commercialization in support of Ohio industries and businesses in such areas as advanced materials, agbiosciences, treatments and cures for cancer, heart and other diseases; and

WHEREAS, Issue 1 will continue to foster job creation through the advancement of new products and services based on science and technology research and development, thus ensuring Ohio’s ability to create and compete for jobs, today and in the future; and

WHEREAS, Youngstown State University is an integral partner in the effort to advance scientific knowledge and to develop new products and applications that will enhance our state’s economy; and

WHEREAS, the State of Ohio Assembly deserves much appreciation for its strong bipartisan support of the Third Frontier program and its placement of the constitutional amendment on the ballot;

NOW, THEREFORE, BE IT RESOLVED, that said investment will improve the quality of life for all Ohioans and that the Youngstown State University Student Government Association supports and endorses the passage of State Issue 1; and

BE IT FURTHER RESOLVED, that copy of this resolution be presented to the Governor, the Ohio General Assembly, and other interested constituencies.

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