HomeMy WebLinkAboutCDCRes2012.05.01RESOLUTION DIRECTING PUBLICATION OF
NOTICE OF PROJECTS AND NOTICE OF PUBLIC HEARING
WHEREAS, 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, and to call a public hearing on, the following projects:
(i) public park and open space improvements including recreational facilities, parking
facilities and related infrastructure, and (ii) maintenance and operating costs of such
projects, and other purposes permitted by law (the "Projects"), in order to provide
improvements for public park and open space purposes and in order to promote and
encourage employment and public welfare and to promote and develop new and
expanded business enterprises
which will be fmanced with sales tax revenues and other resources of the Corporation; 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 BOARD OF DIRECTORS OF ANNA COMMUNITY
DEVELOPMENT CORPORATION:
Section 1. FORM OF NOTICE. Attached hereto is a form of Notice of Project and Notice of
Public Hearing, the form and substance of which are hereby adopted and approved.
Section 2. PUBLICATION OF NOTICE. Said Notice shall be published, in substantially the
form attached hereto, in a newspaper, as defined in Texas Government Code Sec. 2051.044, of general
circulation in the area of the City of Anna, Texas.
Section 3. PUBLIC HEARING. A public hearing shall be held on the proposed projects on June
7, 2012, at 5:00 P.M., at I I I N. Powell Parkway, Anna, Texas.
Section 4. EFFECTIVE DATE. This resolution shall become effective immediately upon
adoption.
A-esolu.t��
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PASSED, APPROVED and EFFECTIVE this 044F(7
ATTEST:
Secre , Board of Direct4L
Pre dent, BoarA of Directors
[CORPORATION SEAL]
ANNA COMMUNITY DEVELOPMENT CORPORATION
NOTICE OF PROJECTS AND NOTICE OF PUBLIC HEARING
NOTICE IS HEREBY GIVEN that the Anna Community Development Corporation (the
"Corporation"), a non-profit corporation created pursuant to the Development Corporation Act of 1979,
Article 5190.6, Vernon's Texas Civil Statutes, Section 4B, and now operating under Texas Local
Government Code, Chapter 505 (the "Act"), will hold a public hearing at 5:00 P.M. on June 7, 2012, at
111 N. Powell Parkway, Anna, Texas, on the expenditure of funds to undertake projects providing (i)
public park and open space improvements including recreational facilities, parking facilities and related
infrastructure, and (ii) maintenance and operating costs of such projects, and other purposes permitted by
law (the "Projects"), in order to provide improvements for public park and open space purposes and in
order to promote and encourage employment and public welfare and to promote and develop new and
expanded business enterprises as authorized by the Act. The Projects are expected to be financed from
the proceeds of sales tax revenue obligations to be issued by the Corporation, and paid from sales tax
revenues and other resources of the Corporation. The Projects shall include the equipment, facilities, and
improvements (one or more) found by the Corporation's Board of Directors to be required or suitable for
the promotion and development of the Projects. The costs of the Projects are estimated not to exceed
$1,600,000. All interested persons are invited to attend the public hearing and speak for or against the
undertaking of the proposed Projects.
ANNA COMMUNITY DEVELOPMENT CORPORATION