SR919: SR919 Coastal Area District Development Authority, Inc.; congratulate

26 LC 129 1324 Senate Resolution 919 By: Senators Hodges of the 3rd, Strickland of the 42nd, Hatchett of the 50th, Albers of the 56th, Davenport of the 17th and others A RESOLUTION Congratulating and commending the Coastal Area District Develop ment Authority, Inc.,1 upon its 50th anniversary; and for other purposes.2 WHEREAS, in 2026, the Coastal Area District Development Authority, Inc.,(CADDA) will3 be celebrating the 50th anniversary of its founding; and4 WHEREAS, CADDA is a non-profit corporation, established in 1976 , with a mission to5 provide economic development lending programs to small business es and industries6 expanding or locating in Georgia, North Florida, and the low country of South Carolina to7 improve the economic conditions of the region through the creation and retention of jobs; and8 WHEREAS, for fifty years, CADDA has partnered with local lender s, entrepreneurs, and9 community leaders to support job creation, capital investment, and long-term economic10 growth; and11 WHEREAS, CADDA has funded more than 1,300 small business loans, helped to invest12 over $526 million into communities throughout Coastal Georgia and beyond, and supported13 the creation and retention of more than 9,300 jobs; and14 S. R. 919 - 1 - 26 LC 129 1324 WHEREAS, CADDA's employees are s taunch supporters of their comm unities and15 unselfishly devote innumerable hours of their time and talents to support and improve the16 area; and17 WHEREAS, the work of CADDA has strengthened local businesses, e nhanced economic18 opportunity, and contributed to the overall vitality of the State of Georgia; and19 WHEREAS, it is abundantly fitting and proper that the outstanding accomplishments of this20 extraordinary company be appropriately recognized.21 NOW, THEREFORE, BE IT RESOLVED BY THE SENATE that the members of this body22 congratulate the Coastal Area District Development Authority, I nc., upon its 50th23 anniversary, commend it for its many outstanding contributions on behalf of the citizens of24 Georgia, and extend best wishes for its continued growth, development, and success.25 BE IT FURTHER RESOLVED that the Secretary of the Senate is authorized and directed26 to make an appropriate copy of this resolution available for distribution to the Coastal Area27 District Development Authority, Inc.28 S. R. 919 - 2 -