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CDC OF ANNA, TEXAS RESOLUTION NO 2020.07.30 PAGE 1 OF 2
ANNA COMMUNITY DEVELOPMENT CORPORATION
RESOLUTION NO. 2020.07.30
A RESOLUTION OF THE ANNA COMMUNITY DEVELOPMENT CORPORATION
ADOPTING THE FY 2020-2021 FISCAL YEAR BUDGET AND AUTHORIZING
PUBLICATION OF NOTICE OF PROJECTS
WHEREAS, to be effective October 1, 2020, the Anna Community Development
Corporation (the “CDC”) and subject to approval of the City of Anna City Council, the
Board of directors of the CDC desires to approve and adopt the CDC budget for the 2020-
2021 fiscal year;
WHEREAS, the Board of Directors (the “Board of Directors”) of the Anna Community
Development Corporation (the "Corporation"), created by the City of Anna, Texas (the
"City"), in accordance with Article 5190.6, V.A.T.C.S., Section 4B, and now operating
under Texas Local Government Code, Chapter 505 (the "Act") has determined that it is
advisable and in the best interests of the Corporation to give notice of the intention of the
Corporation to undertake the following projects:
Land and building improvements, equipment purchases, park facilities and
improvements, capital expenditures, targeted infrastructure, site improvements,
promotional expenditures, engineering and/or legal services, administrative
personnel services, and other purposes permitted by law, in order to provide improved
community development and/or to promote new or expanded business enterprises for
the benefit of the public. The costs of the Projects are estimated not to exceed
$1,311,140 including but not limited to the specific projects or general types of projects
set forth in the Anna Community Development Corporation’s 2020-2021 fiscal year
budget.
The Projects will be financed and/or paid from the proceeds of sales tax revenue and other
resources of the Corporation.
WHEREAS, such projects are authorized under the Act and found by the Board of
Directors to promote new or expanded business development pursuant to Section
505.158, Texas Local Government Code; and
WHEREAS, it is hereby officially found and determined that the meeting at which this
Resolution was passed, was open to the public and public notice of the time, place, and
purpose of said meeting was given, all as required by Chapter 551, Texas Government
Code;
NOW THEREFORE, BE IT RESOLVED BY THE ANNA COMMUNITY
DEVELOPMENT CORPORATION, THAT:
CDC OF ANNA, TEXAS RESOLUTION NO 2020.07.30 PAGE 2 OF 2
Recitals Incorporated
The recitals set forth above are incorporated herein for all purposes as if set forth in full.
Adoption of Fiscal Year 2020-2021 Budget
The CDC Board of Directors hereby approves adopting the Anna Community
Development Corporation 2020-2021 fiscal year budget as set forth in Exhibit A, attached
hereto and incorporated herein for all purposes as if set forth in full, subject to approval
by the City of Anna City Council.
PASSED AND APPROVED by the Anna Community Development Corporation this 30th
day of July 2020.
APPROVED:
_____________________________
Anthony Richardson, CDC President
ATTEST:
________________________________
Rocio Gonzalez, CDC Secretary
Anthony D Richardson (Aug 7, 2020 09:12 CDT)
6 CDC Budget Resolution
Final Audit Report 2020-08-10
Created:2020-08-06
By:Taylor Lough (tlough@annatexas.gov)
Status:Signed
Transaction ID:CBJCHBCAABAAmYGyXwVkMzT70XQruabSJlaI9N2XdV5e
"6 CDC Budget Resolution" History
Document created by Taylor Lough (tlough@annatexas.gov)
2020-08-06 - 3:14:23 PM GMT- IP address: 208.67.100.35
Document emailed to Anthony D Richardson (anthony@opportunityannatx.com) for signature
2020-08-06 - 3:15:06 PM GMT
Email viewed by Anthony D Richardson (anthony@opportunityannatx.com)
2020-08-07 - 2:10:53 PM GMT- IP address: 47.222.3.251
Document e-signed by Anthony D Richardson (anthony@opportunityannatx.com)
Signature Date: 2020-08-07 - 2:12:36 PM GMT - Time Source: server- IP address: 47.222.3.251
Document emailed to Rocio Gonzalez (rociocgonzalez@yahoo.com) for signature
2020-08-07 - 2:12:38 PM GMT
Email viewed by Rocio Gonzalez (rociocgonzalez@yahoo.com)
2020-08-10 - 6:30:24 PM GMT- IP address: 69.147.93.95
Document e-signed by Rocio Gonzalez (rociocgonzalez@yahoo.com)
Signature Date: 2020-08-10 - 6:31:14 PM GMT - Time Source: server- IP address: 72.48.190.69
Signed document emailed to Rocio Gonzalez (rociocgonzalez@yahoo.com), Taylor Lough
(tlough@annatexas.gov) and Anthony D Richardson (anthony@opportunityannatx.com)
2020-08-10 - 6:31:14 PM GMT