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HomeMy WebLinkAboutColleyville Economic Development Corporation (CEDC) Resolutions (R-12-119)-08/28/2012RESOLUTION R-12-119 A RESOLUTION ADOPTING AN ANNUAL BUDGET FOR FISCAL YEAR 2012 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 2013 budget amounts for the Colleyville Economic Development Corporation are as follows: Revenues $2,401,735 Expenditures $2,142,389 AND IT IS SO RESOLVED. PASSED AND ADOPTED, THIS August 28, 2012. COLLEYVILLE ECONOMIC DEVELOPMENT CORPORATION ~ David Kelly President ATTE . ~ ~ t[ - - ~ , d'~l~J ~Cynthi~Singleton, TRMC, C City Secretary ~