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HomeMy WebLinkAboutColleyville Economic Development Corporation (CEDC) Resolutions (R-08-102)-08/26/2008RESOLUTION R-08-102 A RESOLUTION ADOPTING THE ECONOMIC DEVELOPMENT CAPITAL IMPROVEMENT PLAN (EDCIP) FOR FISCAL YEARS 2009-2013 WHEREAS, the by-laws of the Colleyville Economic Development Corporation require that an Economic Development Capital Improvement Plan be developed setting forth long and short term goals that address the needs of the City within the financial constraints of revenues available to the Corporation; and WHEREAS, the EDCIP shall identify the projects to be undertaken by the Corporation and include proposed methods and the expected cost of the implementation. NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE COLLEYVILLE ECONOMIC DEVELOPMENT CORPORATION: Sec. 1. THAT the Economic Development Capital Improvement Plan of the Colleyville Economic Development Corporation, Exhibit "A" is hereby adopted. Sec. 2. THAT once approved, the EDCIP will be forwarded to the City Council for their subsequent approval. Sec. 3. THAT this Resolution shall become effective on the date of passage. AND IT IS SO RESOLVED. PASSED AND ADOPTED, this August 26, 2008. COLLEYVILLE ECONOMIC DEVELOPMENT CORPORATION David Kelly President ATTEST: Cynthia ingleton Secretary