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HomeMy WebLinkAboutEDCRes2020.10.01Anna EDC Resolution No. 10.1.2020 Page 1 of 2 ANNA ECONOMIC DEVELOPMENT CORPORATION RESOLUTION NO. _10.1.2020________ A RESOLUTION OF THE ANNA ECONOMIC 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 EDC 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 EDC recognizes that it may be necessary to provide economic development incentives, and WHEREAS, upon full review and consideration, the EDC 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 ECONOMIC 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 Economic Development Corporation hereby approve and adopt the Economic Development Incentive Policy attached hereto as Exhibit A. PASSED AND APPROVED by the Anna Economic Development Corporation this 1st day of October 2020. Anna EDC Resolution No. __________ Page 2 of 2 APPROVED: _____________________________ Anthony Richardson, EDC President ATTEST: ________________________________ Rocio Gonzalez, EDC Secretary Anthony D Richardson (Dec 3, 2020 17:38 CST) EDC Incentive Policy Resolution Final Audit Report 2020-12-04 Created:2020-12-02 By:Taylor Lough (tlough@annatexas.gov) Status:Signed Transaction ID:CBJCHBCAABAAfOniX95XXJrB13yJgI-AYKl226LZ4uKA "EDC Incentive Policy Resolution" History Document created by Taylor Lough (tlough@annatexas.gov) 2020-12-02 - 0:38:12 AM GMT- IP address: 208.67.100.35 Document emailed to Anthony D Richardson (anthony@opportunityannatx.com) for signature 2020-12-02 - 0:38:36 AM GMT Email viewed by Anthony D Richardson (anthony@opportunityannatx.com) 2020-12-03 - 3:25:35 AM GMT- IP address: 47.222.8.142 Document e-signed by Anthony D Richardson (anthony@opportunityannatx.com) Signature Date: 2020-12-03 - 11:38:09 PM GMT - Time Source: server- IP address: 47.222.8.142 Document emailed to Rocio Gonzalez (rociocgonzalez@yahoo.com) for signature 2020-12-03 - 11:38:11 PM GMT Email viewed by Rocio Gonzalez (rociocgonzalez@yahoo.com) 2020-12-04 - 4:53:29 AM GMT- IP address: 47.222.23.150 Document e-signed by Rocio Gonzalez (rociocgonzalez@yahoo.com) Signature Date: 2020-12-04 - 4:12:45 PM GMT - Time Source: server- IP address: 72.48.190.69 Agreement completed. 2020-12-04 - 4:12:45 PM GMT