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HomeMy WebLinkAboutCDCRes2021.07.26 CDC OF ANNA, TEXAS RESOLUTION NO 2021.07.26 PAGE 1 OF 2 ANNA COMMUNITY DEVELOPMENT CORPORATION RESOLUTION NO. 2021.07.26 A RESOLUTION OF THE ANNA COMMUNITY DEVELOPMENT CORPORATION ADOPTING THE FY 2021-2022 FISCAL YEAR BUDGET AND AUTHORIZING PUBLICATION OF NOTICE OF PROJECTS WHEREAS, to be effective October 1, 2021, 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 2021- 2022 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 $1,797,738 including but not limited to the specific projects or general types of projects set forth in the Anna Community Development Corporation’s 2021-2022 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 2021.07.26 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 2021-2022 Budget The CDC Board of Directors hereby approves adopting the Anna Community Development Corporation 2021-2022 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 26 day of July 2021. APPROVED: _____________________________ Anthony Richardson, CDC President ATTEST: ________________________________ Rocio Gonzalez, CDC Secretary Anthony D Richardson (Aug 16, 2021 11:15 CDT) CDC Budget Resolution FY22 Final Audit Report 2021-08-16 Created:2021-08-16 By:Taylor Lough (tlough@annatexas.gov) Status:Signed Transaction ID:CBJCHBCAABAAjxYNVs17-BTnyUVYd6vLTl41SMaMdol4 "CDC Budget Resolution FY22" History Document created by Taylor Lough (tlough@annatexas.gov) 2021-08-16 - 3:16:40 PM GMT- IP address: 75.108.187.3 Document emailed to Anthony D Richardson (anthony@opportunityannatx.com) for signature 2021-08-16 - 3:17:21 PM GMT Email viewed by Anthony D Richardson (anthony@opportunityannatx.com) 2021-08-16 - 4:15:14 PM GMT- IP address: 170.55.34.124 Document e-signed by Anthony D Richardson (anthony@opportunityannatx.com) Signature Date: 2021-08-16 - 4:15:38 PM GMT - Time Source: server- IP address: 170.55.34.124 Document emailed to Rocio Gonzalez (rociocgonzalez@yahoo.com) for signature 2021-08-16 - 4:15:39 PM GMT Email viewed by Rocio Gonzalez (rociocgonzalez@yahoo.com) 2021-08-16 - 4:39:17 PM GMT- IP address: 209.73.183.23 Document e-signed by Rocio Gonzalez (rociocgonzalez@yahoo.com) Signature Date: 2021-08-16 - 4:40:45 PM GMT - Time Source: server- IP address: 72.48.190.69 Agreement completed. 2021-08-16 - 4:40:45 PM GMT