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HomeMy WebLinkAboutColleyville Economic Development Corporation (CEDC) Resolutions (Resolution R-26-178)-08/18/2026RESOLUTION R-26-178 A RESOLUTION ADOPTING THE ECONOMIC DEVELOPMENT CAPITAL IMPROVEMENT PROGRAM (EDCIP) FOR FISCAL YEARS 2027-2031 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 18T" DAY OF AUGUST 2026. President Bobby Lindamood Aye Director George Dodson Aye Director Ralph Hunkins Absent Director Kimberly Gunderson Aye ATTEST:�`� C I� Christine Loven, TRMC Secretary Director Brandi Elder Aye Director Scotty Richardson Aye Director Jay Anthony Aye COLLEYVILLE ECONOMIC LOPME TCORPORATION , ��� Bobby Lind ood President Exhibit ��A" Colleyville Economic Development Corporation Current Year and Five-year CIP Plan City Hall & Library Renovations (Wall paper removal) Park Signage Replacement Security Cameras in Parks - FY26 Awni ngs at Parks Faci I ity / City South Lot Park Signage Replacement Recreation Center/ Votin� Center Dredging Ponds Park Playground SeniorCenter / Recreation Center Land Improvements Comp. Study/Stipend Regional Trail Proiect 70, 000 220,000 100.000 300,000 250, 000 000.000 120,000 500, 000 300, 000 1, 000, 000