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HomeMy WebLinkAboutColleyville Economic Development Corporation (CEDC) Resolutions (R-22-164)-08/23/2022RESOLUTION R-22-164 A RESOLUTION ADOPTING AN ANNUAL BUDGET FOR FISCAL YEAR 2023 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 2023 budget amounts for the Colleyville Economic Development Corporation are as follows: Total Revenues $2,635,000 Operating Expenditures $1,559,154 Capital Expenditures $1,191,797 Total Expenditures $2,750,951 AND IT IS SO RESOLVED. APPROVED BY A VOTE OF 5 AYES, 0 NAYS, ON THIS 23RD DAY OF AUGUST 2022. President George Dodson Aye Vice President Kathy Wheat Aye Director Bobby Lindamood Aye Director Scotty Richardson Aye Director Ralph Hunkins Abs Director John Terhoeve Abs Director Callie Rigney Aye ATTEST: COLLEYVILLE ECONOMIC DEVELOPMENT CORPORATION exto Christine Loven, TRMC J rg Dodson Secretary President