HomeMy WebLinkAboutCDCRes2021.02.01ANNA COMMUNITY DEVELOPMENT CORPORATION
RESOLUTION NO.2.01.2021
A RESOLUTION OF THE ANNA COMMUNITY DEVELOPMENT CORPORATION
REGARDING THE APPROVAL OF AND AUTHORITY TO AMEND THE 2020-2021
FISCAL YEAR BUDGET BY CARRYING FORWARD UNEXPENDED PROMOTIONAL
FUNDS IN THE AMOUNT OF $539595.94.
WHEREAS, effective October 1, 2020, the Anna Community Development Corporation
(the "CDC"), with the approval of the City of Anna City Council, approved its current fiscal
year budget; and
WHEREAS, the CDC seeks to make one or more line item amendments to its budget
due to additional funds being needed in the promotion line item (89-825-6735).
NOW THEREFORE, BE IT RESOLVED BY THE ANNA COMMUNITY
DEVELOPMENT CORPORATION, THAT:
Section 1. Recitals Incorporated
The recitals set forth above are incorporated herein for all purposes as if set forth in full.
Section 2. Adoption of Amendment to the Current Fiscal Year Budget
The CDC Board of Directors hereby approves amending the Anna Community
Development Corporation current fiscal year budget as set forth in Exhibit A, amended
budget, attached hereto and incorporated herein for all purposes as if set forth in full. The
Board further directs that this amendment to the current fiscal year budget be submitted
to the City of Anna City Council for approval.
PASSED AND APPROVED by the Anna Community Development Corporation this 4th day
of February 2021.
Anthony Richardson,
CDC President
ATTEST:
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Rocio Gonzal ,
CDC Secretary