HomeMy WebLinkAboutColleyville Economic Development Corporation (CEDC) Resolutions (R-23-168)-08/23/2023RESOLUTION R-23-168
A RESOLUTION ADOPTING AN ANNUAL BUDGET FOR
FISCAL YEAR 2024 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 2024 budget amounts for the Colleyville
Economic Development Corporation are as follows:
Total Revenues $2,871,554
Operating Expenditures $1,990,921
Capital Expenditures $1,460,070
Total Expenditures $3,450 991
AND IT IS SO RESOLVED.
APPROVED BY A VOTE OF 5 AYES, 0 NAYS, ON THIS 22ND DAY OF AUGUST
2023.
President Bobby Lindamood
Aye
Director Brandi Elder
Aye
Director Callie Rigney
Aye
Director Scotty Richardson
Aye
Director Ralph Hunkins
Absent
Director John Terhoeve
Aye
ATTEST:
Christine Loven, TRMC
Secretary
COLLEYVILLE ECONOMIC
DEVELOPMENT CORPORATION
1
Bobby Lindamood
President