HomeMy WebLinkAboutColleyville Economic Development Corporation (CEDC) Resolutions (R-96-07)-11/06/1996
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! RESOLUTION R-96-7
II A RESOLUTION AMENDING THE ANNUAL BUDGET FOR FISCAL YEAR 1997 FOR
THE COLLEYVILLE ECONOMIC DEVELOPMENT CORPORATION
WHEREAS, the Colleyville Economic Development Corporation sold bonds on
Novem ber 6,1996 and those bonds have an interest paym ent due August
1997 in the amount of $223,598; and
WHEREAS, the payment was not included in the budget adpoted by the Board of I
II Directors; I
I NOW THEREFORE BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE
COLLEYVILLE ECONOMIC DEVELOPMENT CORPORATION:
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That the Fiscal Year 1997 budget amounts for the Colleyville Economic
Development Corporation is amended as follows:
Expenditu res
$521,585
$230,998
Revenues
I AND SO IT IS RESOLVED.
I PASSED AND ADOPTED, this November 6, 1996.
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II ATTEST:
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COLLEYVILLE ECONOMIC DEVELOPMENT CORPORATION
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President