HomeMy WebLinkAboutColleyville Economic Development Corporation (CEDC) Resolutions (Resolution R-24-173)-08/20/2024RESOLUTION R-24-173
A RESOLUTION ADOPTING AN ANNUAL BUDGET FOR
FISCAL YEAR 2025 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 2025 budget amounts for the Colleyville
Economic Development Corporation are as follows:
Total Revenues $2,660,000
Operating Expenditures $2,632,985
Capital Expenditures $ 735,000
Total Expenditures $3,367,985
AND IT IS SO RESOLVED.
APPROVED BY A VOTE OF 5 AYES, n NAYS, ON THIS 20TH DAY OF AUGUST
2024.
President Bobby Lindamood
Aye
Director Brandi Elder
Aye
Director George Dodson
Aye
Director Scotty Richardson
Aye
Director Ralph Hunkins
Aye
Director John Terhoeve
Absent
ATTEST:
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Christine Loven, TRMC
Secretary
COLLEYVILLE ECONOMIC
/D VELOPME T CORPORATION
I�
Bobby Lin amood
President