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HomeMy WebLinkAboutColleyville Economic Development Corporation (CEDC) Resolutions (R-15-136)-08/25/2015 RESOLUTION R-15-136 A RESOLUTION ADOPTING AN ANNUAL BUDGET FOR FISCAL YEAR 2016 FOR THE COLLEYVILLE ECONOMIC DEVELOPMENT CORPORATION WHEREAS, the bylaws of the Colleyville Economic Development Corporation require that an annual budget be adopted by the Board of Directors; and WHEREAS, the bylaws require that the budget includes projected revenues and proposed expenditures. NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE COLLEYVILLE ECONOMIC DEVELOPMENT CORPORATION: Sec. 1. THAT the Fiscal Year 2016 budget amounts for the Colleyville Economic Development Corporation are as follows: Revenues $2,809,707 Expenditures $2,568,177 AND IT IS SO RESOLVED. APPROVED BY A VOTE OF _ AYES, _ NAYS, AND _ ABSTENTIONS ON THIS 25TH DAY OF AUGUST 2015. - ATTEST: COLLEYVILLE ECONOMIC DEVELOPMENT ORATION -_ 11- 1 , l r `sz=, Argy • elley, • MC Mike Taylor Secretary Vice President