HomeMy WebLinkAboutCity Council Resolutions (RESOLUTION R-16-4006)-06/21/2016 RESOLUTION R-16-4006
A RESOLUTION AWARDING AN ECONOMIC DEVELOPMENT
INCENTIVE GRANT TO CRAFT & CRAB, LLC
WHEREAS, following discussion in Executive Session, and in full accordance
with the requirements of the Open Meetings Act, the City Council
determines that the following action is in the best interests of the
health, safety, and welfare of the public; and
WHEREAS, the City of Colleyville is authorized by.Chapter 380 of the Texas
Local Government Code to provide economic development
incentives to support the expansion of local business activity,
employment, and development; and
WHEREAS, Craft & Crab, LLC, located at 5120 SH 121, has made application
for a grant of $30,000 for exterior improvements, on-site
signage, and landscaping as a destination restaurant.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY
OF COLLEYVILLE, TEXAS:
Sec. 1. THAT the Colleyville City Council hereby authorizes and approves
an Economic Development Grant Agreement in an amount not to
exceed $30,000, substantially in the form of the agreement
attached hereto as "Economic Development and Incentive
Agreement."
Sec. 2. THAT this resolution is effective from and after the date of its
passage.
AND IT IS SO RESOLVED.
APPROVED BY A VOTE OF 4- AYES, o NAYS, AND n ABSTENTIONS,
THIS THE 21sT DAY OF JUNE 2016.
Mayor Richard Newton ay e, Mayor Pro Tem Chris Putnam Ate_
Place 1, Tammy Nakamura Place 5, Nancy Coplen
Place 2, Bobby Lindamood 0.4. Place 6, Mike Taylor 444"
Place 4, Jody Short Atttr
Resolution R-16-4006
Page 2of2
- ATTEST: CITY OF COLLEYVILLE
:Amy C helley, TA C Richard Newton
-.City Secretary Mayor