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HomeMy WebLinkAboutColleyville Economic Development Corporation (CEDC) Resolutions (Resolution R-26-179)-08/18/2026RESOLUTION R-26-179 A RESOLUTION ADOPTING AN ANNUAL BUDGET FOR FISCAL YEAR 2027 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 the budget include 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 2027 budget amounts for the Colleyville Economic Development Corporation are as follows: Total Revenues Operating Expenditures Capital Expenditures Total Expenditures AND IT IS SO RESOLVED. $2,985,000 $2,606,385 $1,874,400 $4,480,785 APPROVED BY A VOTE OF 6 AYES, 0 NAYS, ON THIS 18T" DAY OF AUGUST 2026. President Bobby Lindamood Director George Dodson Director Ralph Hunkins Director Kimberly Gunderson ATTEST: i1� ��� � Aye Director Brandi Elder Aye Aye Director Scotty Richardson Aye Absent Director Jay Anthony Aye Aye E ECONOMIC NT CORIPORATION Christine Loven, TRMC �obby�LiT Secretary President