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CONCURRENT RESOLUTION
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WHEREAS, Small-business entrepreneurs have been a key part of |
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American life throughout the nation's history, embodying the |
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independent thinking and commitment to innovation that have driven |
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so many of our greatest accomplishments; and |
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WHEREAS, The opportunities and advancements represented by |
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entrepreneurial enterprises remain essential to the economic |
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well-being of Texas, and communities that have become centers of |
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this type of development are deserving of special recognition; and |
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WHEREAS, One especially fertile location for the growth of |
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such ventures is the Central Texas city of Lago Vista; while it is |
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of modest size, with approximately 6,000 residents, Lago Vista is |
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home to 188 small-business entrepreneurs; nearly 90 percent of |
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these commercial endeavors have 10 employees or fewer, and one |
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quarter of them are home-based; and |
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WHEREAS, The community's pioneering, do-it-yourself approach |
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to commerce stems from its surroundings; nestled in the rugged |
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limestone terrain of the Hill Country, it has seen little of the |
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large-scale commercial development found in bigger cities; there |
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are no major employers driving the local economy and no big-box |
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retailers or major retail chains; as a result, residents are served |
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almost exclusively by small, locally owned stores, many of which |
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are run by first-time entrepreneurs; and |
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WHEREAS, Lago Vista's attractive setting alongside Lake |
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Travis draws large numbers of businesspeople who wish to reside in |
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tranquil surroundings with a high quality of life; in many cases, |
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these individuals are able to base their businesses in or near their |
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own homes, taking advantage of information-age technology to serve |
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their customers; they are also able to draw on the assistance of |
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local government and economic organizations that have vigorously |
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supported the growth of Lago Vista's entrepreneur-oriented |
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commercial environment; and |
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WHEREAS, The combination of these factors has resulted in a |
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thriving local economy where business owners tailor their offerings |
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to the needs of their fellow citizens and where resourceful |
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innovators are developing cutting-edge products and services that |
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are having an impact far beyond Central Texas; and |
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WHEREAS, With its unique emphasis on independently owned and |
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family-operated enterprises, Lago Vista stands as an admirable |
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model for the type of grassroots business development that is woven |
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into the heritage of our state and nation and that will figure |
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prominently in the way that Americans live and work in the decades |
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ahead; now, therefore, be it |
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RESOLVED, That the 81st Legislature of the State of Texas |
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hereby designate Lago Vista as the Entrepreneurial Capital of |
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Texas. |