HomeMy WebLinkAboutColleyville Economic Development Corporation (CEDC) Resolutions (R-21-160)-08/24/2021RESOLUTION R-21-160
A RESOLUTION ADOPTING AN ANNUAL BUDGET FOR
FISCAL YEAR 2022 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 2022 budget amounts for the Colleyville
Economic Development Corporation are as follows:
Total Revenues
Operating Expenditures
Capital Expenditures
Loan to TIF
Total Expenditures
AND IT IS SO RESOLVED.
$2,385,000
$1,377,476
$ 950,000
$5,000,000
$7,327,476
APPROVED BY A VOTE OF 6 AYES, 0 NAYS, ON THIS 24TH DAY OF AUGUST
2021.
President George Dodson Aye Director Scotty Richardson Aye
Vice Pres. Richard Newton Aye Director John Terhoeve Aye
Director Ralph Hunkins Aye Director Kathy Wheat Aye
Director Bobby Lindamood Absent
ATTEST:
Christine Loven, TRMC
Secretary
COLLEYVILLE ECONOMIC
DEVELOPMENT CORPORATION
Geor e Dodson
President