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HomeMy WebLinkAboutEDCRes2010.04.02ANNA ECONOMIC DEVELOPMENT CORPORATION RESOLUTION NO. a t I b — 04-01 Lt,4_=0ft A RESOLUTION OF THE ANNA ECONOMIC DEVELOPMENT CORPORATION AUTHORIZING THE EXPENDITURE OF FUNDS TO BE A SPONSOR FOR CENTURION AMERICAN DEVELOPMENT GROUP'S MARKETING CAMPAIGN WHEREAS, the Anna Economic Development Corporation (the "EDC") desires to authorize the promotional expenditure of funds to allow the EDC and City of Anna to act as a sponsor for Centurion American Development Group's Marketing Campaign that will promote economic development in the City of Anna; and WHEREAS, the EDC has determined that this expenditure of funds is in the best interests of the EDC and will promote economic and community development in and near the City of Anna; NOW THEREFORE, BE IT RESOLVED BY THE ANNA ECONCOMIC 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. Authority to Expend Funds for Marketing Campaign The Anna Economic Development Corporation approves the expenditure of funds in the amount of $1,250 in cash or an in -kind equivalent for the EDC and the City of Anna to act as a sponsor for Centurion American Development Group's marketing campaign to promote the City of Anna, however, such authority being contingent on approval by the City Manager and the City Attorney of an agreement governing Centurion American Development Group's obligations. PASSED A D AP P OVED by the Anna Economic Development Corporation this day of , 2010. APPROVED: ATTEST: 'Sherilyn C#dfrey, EDC Se,?;eta EDC OF ANNA, TEXAS RESOLUTION NO. PAGE 1 OF 1