HomeMy WebLinkAboutColleyville Economic Development Corporation (CEDC) Resolutions (R-97-18)-03/18/1997
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I A RESOLUTION AMENDING THE ANNUAL BUDGET FOR THE cOLLEYVILLE
ECONOMIC DEVELOPMENT CORPORATION, FOR THE FISCAL YEAR BEGINNING
I OCTOBER 1,1996 THROUGH SEPTEMBER 30, 1997.
I WHEREAS, on February 11, 1997 the Board of Directors approved the Economic
Development Capital Improvement Plan, which contains funding for the
Bransford Park plan ($10,000), City entrance markers ($200,000), City trails
plan ($20,000), Kimzey Park plan ($10,000), and restrooms for existing
parks ($160,000), and
RESOLUTION R-97-18
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I WHEREAS, these expenditures and the projected interest income from the sale of the
. 'I 1997 were not included in the Colleyville Economic Development
Corporation budget as amended by Resolution R-96-7;
I NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE
I COLLEYVILLE ECONOMIC DEVELOPMENT CORPORATION:
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I Sec. 1.
THAT the revenue and expenditure amounts for the Fiscal Year 1997
budget for the Colleyville Economic Development Corporation are hereby
fixed as follows:
Revenues
Expenditu res
$ 714,185
$ 630,998
PASSED AND ADOPTED, this March 18, 1997.
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ATTEST:
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Ii J H'
lean arrls
I Secretary
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COLLEYVILLE ECONOMIC DEVELOPMENT CORPORATION
John Grace
Presiden t
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