HomeMy WebLinkAboutCDCRes2019.11.07ANNA COMMUNITY DEVELOPMENT CORPORATION
RESOLUTION NO. 11 ' 7' 10
A RESOLUTION OF THE ANNA COMMUNITY DEVELOPMENT CORPORATION
APPROVING AND AUTHORIZING THE EXPENDITURE OF FUNDS WITH BISNOW
FOR MARKETING AND PROMOTIONAL MEDIA FOR ECONOMIC DEVELOPMENT
PURPOSES.
WHEREAS, the Anna Community Development Corporation (the "CDC") wishes to
expend funds for marketing and promotional media for economic development purposes
to target real estate developers, companies, and brokers.
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. Approval of Funding
The CDC hereby authorizes the Economic Development Director to charge the CDC's
promotion line item in an amount not to exceed $12,,000 in the Fiscal Year 2019-2020
budget for marketing and promotional media for economic development purposes and
execute an agreement with BISNOW, subject to legal approval of final form.
PASSED AND APPROVF.r�rto nna Community Development Corporation this 7tn
day of November 2019./ /
APPROVED: ATTEST:
Anthony Richardso DC President Rocio Gonz ez CDC e)cretary