UNOFFICIAL COPY AS OF 03/12/02 02 REG. SESS. 02 RS BR 2834

A RESOLUTION urging the Hyundai Motor Company to locate its first North American production facility in the Commonwealth of Kentucky.

WHEREAS, it has come to be known that the Hyundai Motor Corporation is actively seeking a site to locate its finest automobile assembly facility in North America; and

WHEREAS, the great state of Kentucky extends a warm welcome to the Hyundai Motor Company and pledges to it the finest workforce in North America that is also committed to the manufacture and development of quality products and services and the continuous search for improvement; and

WHEREAS, the great state of Kentucky stands at the crossroads of America, with over seventy-five percent of the North American market accessible by road or rail within twenty-four hours; and

WHEREAS, the great state of Kentucky stands ready to offer many resources that are uniquely poised to help the Hyundai Motor Corporation achieve its goals, some of which are the most productive workforce in these United States, the ready availability of low-cost energy, and many ideal locations upon which the Hyundai Motor Corporation may build its automobile assembly facility;

NOW, THEREFORE,

Be it resolved by the Senate of the General Assembly of the Commonwealth of Kentucky:

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BR283400.100-2834

UNOFFICIAL COPY AS OF 03/12/02 02 REG. SESS. 02 RS BR 2834

Section 1. This honorable body does hereby urge the Hyundai Motor Company of South Korea to locate its automobile assembly facility within the Commonwealth of Kentucky, and the Senate of the General Assembly of the Commonwealth of Kentucky does hereby stand ready to offer a warm welcome to what it hopes shall become Kentucky's newest corporate citizen.

Section 2. The Clerk of the Senate is directed to transmit a copy of this Resolution to the honorable Mong Koo Chung, Chairman and Chief Executive Officer, and to the honorable Dong Jin Kim, President and Chief Executive Officer, Hyundai Motor Company, 231 Yangjae-Dong, Seocho-Ku, Seoul, 137-938, Korea.

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BR283400.100-2834