HomeMy WebLinkAboutRes 2014-04-06 CDC Expenditure of Funds-Splash Pad Improvements.pdfCITY OF ANNA, TEXAS
RESOLUTION NO. 2014-04-06
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ANNA APPROVING
AND AUTHORIZING THE ANNA COMMUNITY DEVELOPMENT CORPORATION'S
PROJECT AND EXPENDITURE OF FUNDS FOR SLAYTER CREEK PUBLIC PARK
SITE IMPROVEMENTS TO THE SPLASH PAD
WHEREAS, the City of Anna City Council intends to work with the Anna Community
Development Corporation (the "CDC") to construct a recirculating system site improvement to
the splash pad at Slayter Creek Park; and
WHEREAS, the City of Anna City Council has found and determined that the expenditure is in
the best interest of the CDC and will enhance the recreational and community facilities of the
City and will be for the benefit of the community.
NOW THEREFORE, BE IT RESOLVED BY THE CITY OF ANNA CITY COUNCIL:
Section 1. Recitals Incorporated
The recitals set forth above are incorporated herein for all purposes as if set forth in full.
Section 2. Authority for Expenditure
The City of Anna City Council hereby authorizes the CDC's project and expenditure of funds for
a recirculating system site improvement to the splash pad at Slayter Creek Park not to exceed
$75,000, and further being subject to any necessary budgetary amendment to the CDC fiscal year
2013-2014 budget.
PASSED AND APPROVED by the City Council of the City of Anna this 22nd day of April,
2014
APPROVE ATTEST:
Mike Crist, Mayor Nat a Wilkison, "ity Secretary
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RES. 2014-04-06 Approve CDC Expenditures of Funds -Splash Pad Improvements PAGE 1 OF 1 04-22-14
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RESOLUTION NOAN-4-c/ e46
A RESOLUTION OF THE ANNA COMMUNITY DEVELOPMENT CORPORATION
APPROVING AND AUTHORIZING THE EXPENDITURE OF FUNDS FOR SLAYTER
CREEK PUBLIC PARK SITE IMPROVEMENTS TO THE SPLASH PAD
WHEREAS, the Board of Directors of the Anna Community Development Corporation
(the "CDC"), created by the City of Anna, Texas (the "City"), in accordance with Article
5190.6, V.A.T.C.S., Section 46, and now operating under Texas Local Government
Code, Chapter 505 (the "Act") has found that it is in the best interests of the Corporation
to authorize an expenditure of funds for site improvements to the splash pad at Slayter
Creek Park for a recirculating water system; and
WHEREAS, the CDCs funding of the recirculating system site improvements to the
splash pad at Slayter Creek Park is subject to the approval of the City Council of the
City of Anna ("City Council"); and,
WHEREAS, the CDC Board of Directors has investigated and determined that the
expenditure for the recirculating system site improvements to the splash pad that is the
subject of this resolution is suitable for infrastructure improvements necessary to
promote or develop new or expanded business enterprises;
NOW THEREFORE, BE IT RESOLVED BY THE ANNA COMMUNITY
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 for Site Improvement Expenditure
The CDC approves and authorizes the expenditure of funds for a recirculating system
site improvement to the splash pad at Slayter Creek and authorizes the CDCs COA to
expend those funds, however, not to exceed $75,000, and further being subject to any
necessary budgetary amendment to the CDC fiscal year 2013-2014 budget. The
funding of this project by the CDC will be subject to City Council approval.
CDC OF ANNA, TEXAS RESOLUTION NO. t C l CbC- PAGE 1 OF 2
PASSED AND APPROVED by the Anna Community Development Corporation this
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— day of 2014.
APPROVED:
Joh�Houcek, CDC President
ATTEST:
Sherilyn qbdfrey, CDC 6crq ry
CDC OF ANNA, TEXAS RESOLUTION NO. PAGE 2 OF 2