HomeMy WebLinkAboutEDCRes2019.10.03ANNA ECONOMIC DEVELOPMENT CORPORATION
RESOLUTION NO. I0 - 3 - U / 1
A RESOLUTION OF THE ANNA ECONOMIC DEVELOPMENT CORPORATION
REGARDING THE APPROVAL OF AND AUTHORITY TO AMEND THE 2019-2020
FISCAL YEAR BUDGET.
WHEREAS, effective October 1, 2019, the Anna Economic Development Corporation
(the "EDC"), with the approval of the City of Anna City Council, approved its current fiscal
year budget; and
WHEREAS, the EDC seeks to make a line item amendment to its budget due to
additional funds being needed in the contract services line item (90-826-6703).
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 EDC Board of Directors hereby approves amending the Anna Economic
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 Economic Development Corporation this 3" day
of DCty bey- 2019.
APPROVED:
Anthony Richardson,
EDC President
ATTEST:
Roci6 Gonz ez,
EDC Secretary