HomeMy WebLinkAboutColleyville Economic Development Corporation (CEDC) Resolutions (R-08-99)-04/15/2008RESOLUTION R-08-99
A RESOLUTION AMENDING RESOLUTION R-07-95 ANNUAL BUDGET FOR
FISCAL YEAR 2008 FOR THE COLLEYVILLE ECONOMIC DEVELOPMENT
CORPORATION
WHEREAS, the Board of Directors of Colleyville Economic Development Corporation
desires that $160,000 of the $170,000 budgeted for the Webb House trail
project be reallocated to the Pleasant Run Trail project; and
WHEREAS, the Colleyville Economic Development Corporation Board of Directors
determined the Pleasant Run Trail project, included in the amended annual
budget for the fiscal year beginning October 1, 2007 through September 30,
2008, furthers the objectives of the purpose of the Colleyville Economic
Development Corporation, as established by the electorate of the City and
the provisions of state statute.
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE
COLLEYVILLE ECONOMIC DEVELOPMENT CORPORATION:
Sec. 1. THAT the revenue and expenditure amounts for the Fiscal Year 2008 budget
for the Colleyville Economic Development Corporation are hereby fixed as
follows and that $160,000 be reallocated from the Webb House trail project
to the Pleasant Run Trail project:
Revenues $ 1,567,869
Expenditures $ 1,307,864
AND IT IS SO RESOLVED.
PASSED AND ADOPTED, this April 15, 2008.
COLLEYVILLE ECONOMIC
DEVELOPMENT CORPORATION
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G-~J~--l
David Kelly
President
ATTEST:
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Cynthia Singleton
Secretary