HomeMy WebLinkAboutEDCRes2014.05.02ANNA ECONOMIC DEVELOPMENT CORPORATION
RESOLUTION NO. D - O's -0 A (FbCJ
A RESOLUTION OF THE ANNA ECONOMIC DEVELOPMENT CORPORATION
APPROVING AND AUTHORIZING THE EXPENDITURE OF FUNDS FOR A ROAD
BORE SITE IMPROVEMENT FOR FIBER OPTICAL CABLE TO SERVICE
PROPERTY AT 312 NORTH POWELL PARKWAY
WHEREAS, the Anna Economic Development Corporation (the "EDC") wishes to
expend funds for road bore site improvements for fiber optical cable to service property
at 312 N. Powell Parkway; and
WHEREAS, the EDC intends that said funds be used solely for the road bore and fiber
optical cable installation related to the property located at 312 N. Powell Parkway; and
WHEREAS, the EDC Board finds and determines that the site improvements that are
the subject of this resolution are suitable for infrastructure improvements necessary to
promote or develop new or expanded business enterprises;
NOW THEREFORE, BE IT RESOLVED BY THE ANNA ECONOMIC 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 EDC hereby authorizes the Chief Administrative Officer to charge the EDC's capital
account in the amount not to exceed $9000 for the road bore site improvements and
fiber optical cable installation for the property located at 312 North Powell Parkway.
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PASSED AND APPROVED by the Anna Economic Development Corporation this
day of
APPROVED:
ISian c-e Stump, EDC PresidenF-
EDC OF ANNA, TEXAS RESOLUTION NO ��y D.S �D v2 CAL J PAGE 1 OF 1