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HomeMy WebLinkAboutRes 2020-08-778 Approving the Fiscal Year 2020-2021 Budget for the Anna Economic Development CorporationCITY OF ANNA, TEXAS RESOLUTION NO. cD�O-Og 77� A RESOLUTION OF THE CITY OF ANNA, TEXAS RATIFYING AND APPROVING THE FISCAL YEAR 2020-2021 BUDGET FOR THE ANNA ECONOMIC DEVELOPMENT CORPORATION; AND PROVIDING AN EFFECTIVE DATE. WHEREAS, the City of Anna, Texas is a home -rule municipality located in Collin County, created in accordance with the provisions of the Texas Local Government Code and operating pursuant to enabling legislation of the State of Texas, and WHEREAS, the Anna Economic Development Corporation, hereinafter the "AFDC" is a Type A development corporation operating pursuant to the Development Corporation Act of 1979 now codified as Chapter 504 of the Texas Local Government Code; and WHEREAS, the AFDC Board of Directors approved the Fiscal Year 2020-2021 Budget at a special -called meeting on July 30, 2020; and WHEREAS, the City of Anna desires to approve and ratify such said AFDC Budget. NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF ANNA, TEXAS, THAT: Section 1. Recitals Incorporated The recitals set forth above are incorporated herein for all purposes as if set forth in full. Section 2. Adoption of Fiscal Year 2020-2021 Budget The City Council of the City of Anna, Texas hereby approves the Anna Economic Development Corporation 2020-2021 Fiscal Year Budget as set forth in Exhibit A, attached hereto and incorporated herein for all purposes as if set forth in full. PASSED AND APPROVED by the City Council of the City of Anna, Texas this day of (" n , 2020. Vj ayor ATTEST: Carrie L. Land, City Secretary LINE ITEMS 2019 2020 2020 2021 %CHANGE ACTUAL BUDGET ESTIMATED PROPOSED 6208 OFFICE SUPPLIES $0 $0 $0 $0 0.00% 6209 OTHER SUPPLIES - MISC. $446 $0 $1,200 $0 0% meals for meetings, eoffee meetings, lunches, office etc... s papertowel, toilet paper, coffee etc.. 6210 CLOTHING SUPPLIES $0 $0 $0 $0 0.00% 6212 POSTAGE $0 $0 $0 $0 0.00% SUPPLIES $446 $0 $1,200 $0 0% 6303 MAINT. AND REPAIR -BUILDINGS $3,974 $5,000 $1,500 $3,000 -40% Mlsc building Maintanence and Repairs - 312 NPowell MAINTENANCE $3,974 $5,000 $1,500 $3,000 -40% 6703 CONTRACT SERVICES $25,427 $168,680 $166,819 $75,800-55.00% Business Park $45,000 $60,000 Janitorial $2,600 $2,800 Mowing and Landscaping - 312 North $2,500 $2,700 Powell Pkwy Pest Control $480 $600 Ricoh Printer $2,000 $3,000 Inc -cube Renovation Project $108,939 Security Services $5,300 $6,700 67081TSUPPORTSERVICES $2,033 $2,500 $750 Isogent Services 6710 TRAVEL/TRAINING EXPENSE $500 $0 $0 $750 -70% $0 0.00% 6722 INSURANCE -PROPERTY AND LIABILITY $955 $1,050 $1,050 $1,050 0% TMIRP ID #74, EDC Building at 312 N Powell Texas Municipal League Intergovernmental Risk Pool Property and Liability Coverage figured at a 12% increase. FY17 had a 16%increase. FY18 had an increase of 5.5%. FY19 had an increase of 10% 6735 PROMOTION EXPENSE $2,718 $30,000 $0 $0 6753 LEGAL EXPENSE $7,398 $7,500 $7,500 $7,500 0% legal fees , 6755 AUDIT EXPENSE $2,338 $3,500 $4,000 $5,000 43% CPA Services -Audit, 1099 form 990 6756 ENGINEERING $0 $0 $0 $0 0.00% 6761 DUES, PUBLICATIONS, PERMITS AND $0 $0 $0 $0 0.00% ��8 6780 ELECTRICITY $3,307 $2,850 $2,700 $3,500 23% Electric for 312 N. Powell Pkwy,; 6781 GAS -NATURAL/PROPANE $899 $1,050 $1,050 $1,OS0 0% Gas Atmos Service for 312 N. Powell Pkwy 6782 CITY UTILITIES WATER/SEWER/TRASH $1,461 $1,800 $1,200 $0 $0 6783 TELECOM $0 $1,800 $1,800 $2,000 11.10% Internet service -312 NNP 6789 DEBT -SERVICE PRINCIPAL $0 $0 $0 $0 0.00% 67901NTEREST EXPENSE $0 $0 $0 $0 0.00% 6799 OTHER SERVICES - MISC. $0 $0 $0 $0 0.00% SERVICES $30,122 $220,730 $187,619 $96,650 -56.00% 6931 LAND AND IMPROVEMENTS $0 $0 $0 $0 0.00% 6941 OTHER CAPITAL EXPENDITURES $43,382 $0 $0 $0 0.00% Based on YTD actuals $0 $0 CAPITAL EXPENDITURES $43,382 $0 $0 $0 0.00% 9800 TRANSFERS OUT $0 $0 $0 $0 0.00% OTHER USES OF FUNDS $0 $0 $0 $0 0.00% TOTAL826 $50,966 $225,730 $190,319 $99,650 -56.00% ANNA ECONOMIC DEVELOPMENT CORPORATION RESOLUTION NO. 2020.07.30 A RESOLUTION OF THE ANNA ECONOMIC DEVELOPMENT CORPORATION ADOPTING THE FY 2020-2021 FISCAL YEAR BUDGET WHEREAS, to be effective October 1, 2020, the Anna Economic Development Corporation (the "EDC") and subject to approval of the City of Anna City Council, the Board of Directors of the EDC desires to approve and adopt the EDC budget for the 2020-2021 fiscal year; NOW THEREFORE, BE IT RESOLVED BY THE ANNA ECONOMIC 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. Adoption of Fiscal Year 2020-2021 Budget The EDC Board of Directors hereby approves adopting the Anna Economic Development Corporation 2020-2021 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 Economic Development Corporation this 30cn day of July, 2020. APPROVED: Anthony D Richardson (Aug 7, 202009:15 CDT) ATTEST: Anthony Richardson, EDC President Rocio Gonzalez, EDC Secretary EDC OF ANNA, TEXAS RESOLUTION NO.2020.07.30 PAGE 1 OF 1 ��a. ���� 9 EDC Budget Resolution Final Audit Report Created: 2020-08-07 By: Taylor Lough (tlough@annatexas.gov) Status: Signed Transaction ID: CBJCHBCAABAAdQDVnV8fQgWlnScpAGEgne_5MmbxuJGD "9 EDC Budget Resolution" History Document created by Taylor Lough (tlough@annatexas.gov) 2020-08-07 - 2:07:41 PM GMT- IP address: 173.219.29.137 2020-08-10 C'-► Document emailed to Anthony D Richardson (anthony@opportunityannatx.com) for signature 2020-08-07 - 2:07:54 PM GMT � Email viewed by Anthony D Richardson (anthony@opportunityannatx.com) 2020-08-07 - 2:15:03 PM GMT- IP address: 47.222.3.251 6a Document e-signed by Anthony D Richardson (anthony@opportunityannatx.com) Signature Date: 2020-08-07 - 2:15:32 PM GMT -Time Source: server- IP address: 47.222.3.251 c-► Document emailed to Rocio Gonzalez (rociocgonzalez@yahoo.com) for signature 2020-08-07 - 2:15:34 PM GMT '� Email viewed by Rocio Gonzalez (rociocgonzalez@yahoo.com) 2020-08-10 - 6:34:30 PM GMT- IP address: 69.147.93.95 6o Document e-signed by Rocio Gonzalez (rociocgonzalez@yahoo.com) Signature Date: 2020-08-10 - 6:34:52 PM GMT -Time Source: server- IP address: 72.48.190.69 � Signed document emailed to Taylor Lough (tlough@annatexas.gov), Rocio Gonzalez (rociocgonzalez@yahoo.com) and Anthony D Richardson (anthony@opportunityannatx.com) 2020-08-10 - 6:34:52 PM GMT Adobe Sign