HomeMy WebLinkAboutCity Council Resolutions (R-92-799)-07/13/1992
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RESOLUTION R-92-799
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A RESOLUTION ESTABLISHING THE COLLEYVILLE
FINANCIAL REVIEW TASK FORCE
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WHEREAS, the city council has received a proposed Five
Year Financial Plan from the City Manager; and
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WHEREAS, the city council believes that the Plan can only
be successful if the community accepts the
premises set forth in the Plan and has confidence
that the Plan includes wise investment decisions;
and
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WHEREAS, the Colleyville community includes a number of
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financial matters; and
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WHEREAS, the City council believes that knowledgeable
citizen input into the Plan will contribute to
its success.
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12 NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE
CITY OF COLLEYVILLE, TEXAS:
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SEC. 1.
The colleyville Financial Review Task Force is
hereby established, and shall consist of not more
than twelve members who shall be residents of
Colleyville, with a staff member designated as
liaison by the City Manager;
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SEC. 2.
The Task Force shall review the City Manager's
proposed Five Year Financial Plan and report its
findings to the city council, Including:
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a.
the soundness of the premises set forth in
the Plan for service delivery and revenue
support,
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b.
the relationship of proposed debt to ability
to pay, and
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c.
the impact of the Plan on the future
economic health of the community.
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SEC. 3.
The Task Force will report its results to the
City council within sixty (60) days of its
appointment.
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AND IT IS SO RESOLVED.
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Resolution R-92-799
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Passed by a vote of S- ayes,
abstentions on the 1~~ day of
ATTEST:
~r~~'
City Secretary
1"
o nays, and 0
'\1.1.\\' , 1992.
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CITY OF COLLEYVILLE
'iZIIk-
Richard Newton
Mayor