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HomeMy WebLinkAboutColleyville Economic Development Corporation (CEDC) Resolutions (R-25-175)-08/19/2025RESOLUTION R-25-175 A RESOLUTION ADOPTING THE ECONOMIC DEVELOPMENT CAPITAL IMPROVEMENT PROGRAM (EDCIP) FOR FISCAL YEARS 2026-2030 WHEREAS, the bylaws of the Colleyville Economic Development Corporation require that an Economic Development Capital Improvement Program (EDCIP) be developed, setting forth long and short- term goals that address the needs of the City within the financial constraints of revenues available to the Corporation; and WHEREAS, the EDCIP shall identify projects to be undertaken by the Corporation and the expected cost of the implementation. NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE COLLEYVILLE ECONOMIC DEVELOPMENT CORPORATION: Sec. 1. THAT the Economic Development Capital Improvement Program of the Colleyville Economic Development Corporation (Exhibit A) is hereby adopted. Sec. 2. THAT once approved, the EDCIP will be forwarded to the City Council for their subsequent approval. Sec. 3. THAT this Resolution shall become effective on the date of passage. AND IT IS SO RESOLVED. APPROVED BY A VOTE OF 6 AYES, 0 NAYS, ON THIS 19TH DAY OF AUGU 2025. President Bobby Lindamood Aye Director Brandi Elder Aye Director George Dodson Aye Director Scotty Richardson Aye Director Ralph Hunkins Abst Director John Terhoeve Aye Director Kimberly Gunderson Aye ATTEST: 2 Christine Loven, TRMC Secretary COLLEYVILLE ECONOMIC DEVELOPMENT CORPORATION W�a"'�J Bobby Lin amood President Exhibit "A" Colleyville Economic Development Corporation Current Year and Five-year CIP Plan Park Signage Replacement Rec Center Master Plan Study Securitv Cameras in Parks - FY25 Awnings at Parks Facility / City South Lot City Hall & Library Renovations (Wall paper removal) Park Signage Replacement Recreation Center/ Voting Center (Security Cameras in Parks - FY26 250,000 200,000 300,000 70,000 220,000 1,000,000 100,000 Dredging Ponds I 120,000 Senior Center / Recreation Center Land Improvements 250,000