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Home My WebLink AboutCC-11-02-09-03 Support of Sallie Mae Jobs SPONSOR Councilor Seidensncker RESOLUTION NO CC -11- Oa 9 A RESOLUTION OF THE COMMON COUNCIL OF THE CITY OF CARMEL. INDIANA, ENCOURAGING THE PRESERVATION OF INDIANA JOBS WHEREAS, the Congress of the United States is debating the President s plan to make college more affordable, and WHEREAS, among many issues involved in said debate is the issue of eliminating pnvate student lenders, and WHEREAS, Sallie Mae and its 8,500 employees across the country including 2,300 in Indiana are at nsk' in said debate and WHEREAS, Sallie Mae employees 91 Carmel residents, rind WHEREAS, Sallie Mae, its employees and leadership have bean significant supporters of the community in many ways and WHEREAS, the Carmel Common Council and Mayor James Brainard are supportive of responsible actions by the Congress that will recognize appropriate cost saving measures while protecting valuable jobs for Hoosier families and WHEREAS, Sallie Mae and a broad coalition representing vanous stakeholders in the student loan community have proposed a responsible alternative which should be seriously considered and adopted as the best way of achieving the goals and objectives of both the President and Congi ess without sacnficing tens of thousands of jobs across the country and here in Indiana NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of Carmel Indiana as follows Section 1 The foregoing Recitals are incorporated herein by this reference Section 2 The Congress of the United States is hereby encouraged to adopt a student loan reform proposal that makes college more affordable and achieves significant taxpayer sat ings while also protecting Hoosier jobs and our families and communities Page One of Two Pages This Resolution was prepared by Douglas C Haney, Carmel City Attomev p FOa/ll, Ila a AXUal Is f[NObtartieRavRi la WLLR I AE Jac l Limo anna 1 SPONSOR Councilor SSeiidensncker PASSED by the Common Council of the Cit of Carmel, Indiana this °a day of 1 v edutindmi 2009, by a vote of 7 ayes and nays COMMON CO 1 IL FOR THE CITY OF CARME /1' iii -S. /siding Officer osGnflith: a i �r1— �t a..-- 7 WE nc Seide icker, Pr iii P v .ore Kevin Rid V Accetturo Richard S tarp �f1 /r!'l �z,,Gi,f/ onald E Carter uct der if A S Diana L Cordray IAMC C reasuiet Presented by me to the Mayor of the City of Carmel, Ind n thisa day of IV Jtt na 2009 at 1 35 O'clock, i M Diana L- Cordray, IAMC CI r Treasurer Approved by me the Mayor of the City of Carmel Indiana thisc day of N h 2009 at 1 3S O'clock, 9 M es Brainard Mayor ATTES i Diana L Cordray IAMC Clerk -T -„surer Resolution No CC- 4?- s i Page Two of Two Pages 1 his Resolution was prepared by Douglas C Haney Carmel City Attorney WE &kW Donsonlinalm a. tCPIDE'aa 1 rinn% MN !AWF %MK I MOOS yTh -t. q nt ,c CITY OF CARMEL JAMFS BRAINARD, MAYOR Noi. ember 2 2009 Senator Evan Bayh 131 Russell Senate Office Building Washington, D C 20510 -1377 Dear Senator Bayh This letter is in regard to the proposed legislation, H R 3221, currently before Congress This legislation will have a direct, negative impact on thousands of Jobs nationwide and will only further the decline of our nation's economy One of the area s largest employers, Sallie Mae, employs many of our city and county residents While Sallie Mae is located in Fishers and Muncie, it still draws staff from many counties m central Indiana These individuals rely on their jobs to support themselves and theu families In doing so they pump tens of thousands of dollars into the Hamilton, Marion, Hancock and other counties through their taxes, utilities, shopping, recreational spending, fuel and other expenditures Through the legislation which would replace the ongination of student loans from the pnvate sector to the Federal Gos enmment Sallie Mae employees and those of many other lending institutions, will be displaced This creates an additional burden on the already sagging economy and welfare system a burden that cannot be easily remedied While the Federal Government should certainly have oversight of the lending industry, it should not become the lendmg institution I strongly urge you to vote NO on H R 3221, to save many Jobs across Indiana and the nation and to maintain the free enterpnse on which our nation was founded Thank you for your consideration and assistance Very truly yours, Jim Brainard Mayor O'1 (1%IC'Ol ARI IRN11 IN 46032 Of PICI 317 771 2401 f'A‘ 317',44 3 i9h tin' In lh' am rd ®c 'rail in „n%