Loading...
The URL can be used to link to this page
Your browser does not support the video tag.
Home
My WebLink
About
March 23, 2015 Agenda Packet
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¶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¶V³-RXUQH\WR*URZWK´DQGWKH2OPVWHG&RXQW\&RPPXQLW\+HDOWK,PSURYHPHQW3ODQ DPRQJ RWKHUV DOVRSOD\DVLJQLILFDQWUROHLQWKHIXWXUHKHDOWKRIRXUFRPPXQLW\ 7KH³ EXLOWHQYLURQPHQW´LVUHFRJQL]HGDVDVLJQLILFDQWLQIOXHQ FHRQSHRSOH¶VKHDOWK VHH&HQWHUVIRU 'LVHDVH&RQWURODQG3UHYHQWLRQ¶V³+HDOWK\3ODFHV´KWWSZZZFGFJRYKHDOWK\SODFHV DQGIXWXUH FRPPXQLW\GHVLJQDQGGHYHORSPHQWSURSRVDOVFDQSURPRWHRUKLQGHULQGLYLGXDOKHDOWK\FKRLFHV 7KLVLVDXQLTXHRSSRUWXQLW\WREHPRUHGHOLEHUDWHLQSODQQLQJWKHIXWXUHJURZWKRIWKHFRPPXQLW\LQ FRQFHUWZLWKRWKHUFXUUHQWSODQQLQJHIIRUWVDQGLQLWLDWLYHVWRKHOSUHDOL]HWKHJRDOR IEHLQJWKH³KHDOWKLHVW FRPPXQLW\´ 5HFRPPHQGDWLRQV 7KHIROORZLQJEURDGUHFRPPHQGDWLRQVFDQKHOSDVVXUHWKH'0&3ODQFRQWDLQVDVWURQJ³+HDOWKDQG:HOOQHVV´ IRFXVPRYLQJIRUZDUG :RUNWROHYHUDJHDQGDOLJQH[LVWLQJZRUNLQWKHFRPPXQLW\WRWKHIXOOHVWH[WHQWSRVVLEOH H[&RPPXQLW\ +HDOWK1HHGV$VVHVVPHQW,PSURYHPHQW3ODQ6WDWHZLGH+HDOWK,PSURYHPHQW3URJUDPV±6+,3+HDOWK\ /LYLQJ5RFKHVWHU5RFKHVWHU+HDOWK\&RPPXQLW\3DUWQHUVKLSRWKHUV ,QFOXGHWKH³VRFLDOGHWHUPLQDQWVRIKHDOWK´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