Page 180 - Colleyville FY19 Budget

RESOLUTION R-18-147

A RESOLUTION ADOPTING THE ECONOMIC DEVELOPMENT CAPITAL
IMPROVEMENT PROGRAM (EDCIP) FOR FISCAL YEARS 2019-2023

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 _ AYES, _ NAYS, AND _ ABSTENTIONS ON THIS
28 DAY OF AUGUST 2018.
TH
Vice President, Richard
President, George Dodson Newton
Director,Tammy Nakamura Director, Bobby Lindamood
Director, Ralph Hunkins Director, John Terhoeve
Director, Mark Slosson

ATTEST: COLLEYVILLE ECONOMIC
DEVELOPMENT CORPORATION

Christine Loven, TRMC George Dodson
Secretary President

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