WHEREAS, Section 1 of Article V of the Michigan Constitution of 1963 vests the executive power of the State of Michigan in the Governor;
WHEREAS, Section 8 of Article V of the Michigan Constitution provides that the Governor shall take care that the laws be faithfully executed;
WHEREAS, a new Strategic Economic Investment and Commercialization Board has been created under Section 88k of the Michigan Strategic Fund Act, 1984 PA 270, MCL 125.2088k, to award grants and loans to encourage the development of alternative energy, life sciences, advanced manufacturing, and homeland security technologies in Michigan;
WHEREAS, the Michigan Legislature has appropriated no money to fund the Technology Tri-Corridor initiative for the current fiscal year;
WHEREAS, as an alternative to funding provided for the Technology Tri-Corridor in prior fiscal years, the Michigan Legislature has appropriated money to fund the activities of the Strategic Economic Investment and Commercialization Board under 2005 PA 225;
WHEREAS, this important new investment in securing Michigan’s future provides significant new incentives for the diversification of this state’s economy and the creation of good paying jobs for Michigan residents;
WHEREAS, it is necessary in the interests of efficient and effective government to abolish the Technology Tri-Corridor Steering Committee;
NOW, THEREFORE, I, Jennifer M. Granholm, Governor of the State of Michigan, by virtue of the power and authority vested in me by the Michigan Constitution of 1963 and Michigan law, order the following:
A. As the Technology Tri-Corridor Steering Committee created by Executive Order 2003-19 no longer serves the purposes for which it was created, the Technology Tri-Corridor Steering Committee is dissolved and abolished.
B. Executive Order 2003-19 is rescinded in its entirety.
C. The rescission of Executive Order 2000-3 is ratified.
This Order is effective upon filing.
Given under my hand and the Great Seal of the State of Michigan this 20th day of January in the year of our Lord, two thousand and six.
JENNIFER M. GRANHOLM
BY THE GOVERNOR:
SECRETARY OF STATE