HomeMy WebLinkAboutColleyville Economic Development Corporation (CEDC) Resolutions (R-25-176)-08/19/2025RESOLUTION R-25-176
A RESOLUTION ADOPTING AN ANNUAL BUDGET FOR FISCAL YEAR
2026 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 $2,830,000
Operating Expenditures $2,504,665
Capital Expenditures $1,940,000
Total Expenditures $4,444,665
AND IT IS SO RESOLVED.
APPROVED BY A VOTE OF 6 AYES, 0 NAYS, ON THIS 19TH DAY OF AUGUST
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
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COLLEYVILLE ECONOMIC
D1EVrxLOPMENT ORPORATION
Christine Loven, TRMC B64 Lam' dalMG—bd
Secretary President