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HomeMy WebLinkAboutColleyville Economic Development Corporation (CEDC) Resolutions (RESOLUTION R-16-140)-08/23/2016RESOLUTION R-16-140 A RESOLUTION ADOPTING AN ANNUAL BUDGET FOR FISCAL YEAR 2017 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 2017 budget amounts for the Colleyville Economic Development Corporation are as follows: Revenues Expenditures AND IT IS SO RESOLVED. $2,743,720 $2,502,971 APPROVED BY A VOTE OF �-AYES, O NAYS, AND D ABSTENTIONS ON THIS Z3R� DAY OF AUGUST 2016. President Chris Putnam � Vice Pres. Richard Newton �� Director Tammy Nakamura .� Director Bobby Lindamood d(,�,� Director, Amy Dowell (t�„t, Director Bradley Shields � Director Mark Slosson �� ��T ,ATTEST: Am�Shelley, �"RMC Secretary COLLEYVILLE ECONOMIC DEV�LOPMENT � O PORAT.ION i��� Chris Putnam President