HomeMy WebLinkAboutCDCRes2020.10.01Anna CDC Resolution No. 10.1.2020 Page 1 of 2
ANNA COMMUNITY DEVELOPMENT CORPORATION
RESOLUTION NO. 10.1.2020
A RESOLUTION OF THE ANNA COMMUNITY DEVELOPMENT CORPORATION
APPROVING AN ECONOMIC DEVELOPMENT INCENTIVE POLICY TO PROMOTE
ECONOMIC DEVELOPMENT AND STIMULATE BUSINESS AND COMMERCIAL
ACTIVITY IN THE CITY OF ANNA; ESTABLISHING GUIDELINES AND CRITERIA;
AND PROVIDING AN EFFECTIVE DATE.
WHEREAS, the Texas Development Corporation Act (“the Act”), now codified in
Chapters 501-505 of the Texas Local Government Code, authorizes communities to
collect Type A and/or Type B economic development sales and use taxes, and
WHEREAS, the residents of the City of Anna “City” passed an election approving the
collection of sales and use tax for the benefit of a Type B Corporation called the Anna
Community Development Corporation (“CDC”), and
WHEREAS, the CDC desires to attract high-quality developments and the creation of
new jobs to stimulate business and commercial activity in the City of Anna, and
WHEREAS, the CDC recognizes that it may be necessary to provide economic
development incentives, and
WHEREAS, upon full review and consideration, the CDC wishes to adopt an Economic
Development Incentive Policy, attached hereto as Exhibit A, to stimulate business and
commercial activity and attract new jobs to the City of Anna;
NOW THEREFORE, BE IT RESOLVED BY THE ANNA COMMUNITY
DEVELOPMENT CORPORATION, THAT:
Recitals Incorporated
The recitals set forth above are incorporated herein for all purposes as if set forth in full.
Adoption of Policy
The Board of Directors of the Anna Community Development Corporation hereby
approve and adopt the Economic Development Incentive Policy attached hereto as
Exhibit A.
PASSED AND APPROVED by the Anna Community Development Corporation this 1st
day of October 2020.
Anna CDC Resolution No. 10.1.2020 Page 2 of 2
APPROVED:
_____________________________
Anthony Richardson, CDC President
ATTEST:
________________________________
Rocio Gonzalez, CDC Secretary
Anthony D Richardson (Dec 3, 2020 17:36 CST)
CDC Incentive Policy Resolution
Final Audit Report 2020-12-04
Created:2020-12-02
By:Taylor Lough (tlough@annatexas.gov)
Status:Signed
Transaction ID:CBJCHBCAABAAPwF8UgFo6sUBg-_eewS0Uh8Jvi_TiUU2
"CDC Incentive Policy Resolution" History
Document created by Taylor Lough (tlough@annatexas.gov)
2020-12-02 - 0:39:24 AM GMT- IP address: 208.67.100.35
Document emailed to Anthony D Richardson (anthony@opportunityannatx.com) for signature
2020-12-02 - 0:39:42 AM GMT
Email viewed by Anthony D Richardson (anthony@opportunityannatx.com)
2020-12-03 - 11:35:52 PM GMT- IP address: 47.222.8.142
Document e-signed by Anthony D Richardson (anthony@opportunityannatx.com)
Signature Date: 2020-12-03 - 11:36:48 PM GMT - Time Source: server- IP address: 47.222.8.142
Document emailed to Rocio Gonzalez (rociocgonzalez@yahoo.com) for signature
2020-12-03 - 11:36:50 PM GMT
Email viewed by Rocio Gonzalez (rociocgonzalez@yahoo.com)
2020-12-04 - 4:53:21 AM GMT- IP address: 47.222.23.150
Document e-signed by Rocio Gonzalez (rociocgonzalez@yahoo.com)
Signature Date: 2020-12-04 - 4:12:11 PM GMT - Time Source: server- IP address: 72.48.190.69
Agreement completed.
2020-12-04 - 4:12:11 PM GMT