HomeMy WebLinkAboutEDCRes2019.08.02ANNA ECONOMIC DEVELOPMENT CORPORATION
RESOLUTION NO. t2--- U I `1
A RESOLUTION OF THE ANNA ECONOMIC DEVELOPMENT CORPORATION
APPROVING AND AUTHORIZING THE ECONOMIC DEVELOPMENT DIRECTOR TO
ACT ON THE CORPORATION'S BEHALF IN EXECUTING A PROFESSIONAL
SERVICES AGREEMENT FOR ECONOMIC DEVELOPMENT CONSULTING
SERVICES.
WHEREAS, the Anna Economic Development Corporation (the "EDC") is a Type A
Development Corporation duly organized under the laws of the State of Texas, and
located in Collin County, City of Anna, Texas; and
WHEREAS, the Board of Directors of the Anna Economic Development Corporation
(the "Board") has determined that the Anna Economic Development Corporation (the
"EDC") is in need of hiring an economic development consultant to provide strategic
planning services; and
WHEREAS, the Board has selected, based on demonstrated competence and
qualifications to perform economic development consulting services, the firm of Catalyst
Commercial ("Consultant"); and
WHEREAS, the Board desires to approve and authorize the engagement of Consultant
to provide the services specifically described in and under the terms of the Professional
Services Agreement ("Agreement") substantially in the form that is attached hereto as
Exhibit 1 and incorporated herein as if set forth in full; and
WHEREAS, the Board has determined that the Agreement between the EDC and
Consultant should be approved as it is at a fair and reasonable price and the execution
of same should be authorized and approved, as set forth herein;
NOW THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF ANNA
ECONOMIC DEVELOPMENT CORPORATION, THAT:
Section 1. Recitals Incorporated.
The recitals above are incorporated herein as if set forth in full for all purposes.
Section 2. Approval and Authorization of Agreement.
The Board hereby approves the Agreement substantially in the form attached hereto as
Exhibit 1 in an amount not to exceed $20,000, subject to the approval as to form by the
EDC's legal counsel, and authorizes and approves the Economic Development Director
of the City of Anna to execute same on behalf of the EDC. The Economic Development
Director is hereby further authorized to execute any associated documents in a form
Anna EDC Resolution No. 7.Z.2 o i � Page 1 of 2
approved by the EDC's legal counsel and to take all other actions necessary to finalize,
act under and enforce the Agreement.
PASSED AND APPROVED by the City Council of the City of Anna, Texas this the
day of , 2019.
ATTESTED: APPROVED:
Anthony Wichardsio, EDC President Rocio Gonzal DC SVcretary
Anna EDC Resolution No. 9.. ZvI q Page 2 of 2