HomeMy WebLinkAboutRes 2021-08-963 Fiscal Year 2021-2022 Budget for the Anna Community Development CorporationCITY OF ANNA, TEXAS
RESOLUTION NO. Oo1 •-U 9(v'3
A RESOLUTION OF THE CITY OF ANNA, TEXAS RATIFYING AND APPROVING THE
FISCAL YEAR 2021=2022 BUDGET FOR THE ANNA COMMUNITY 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 Community Development Corporation, hereinafter the "ACDC" is a
Type B development corporation operating pursuant to the Development Corporation Act
of 1979 now codified as Chapter 505 of the Texas Local Government Code; and
WHEREAS, the ACDC Board of Directors approved the Fiscal Year 2021-2022 Budget
at a special -called meeting on July 26, 2021; and
WHEREAS, the City of Anna desires to approve and ratify such said ACDC 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 2021-2022 Budget
The City Council of the City of Anna, Texas hereby approves 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.
PASSED AND APPROVED by the City Council of the City of Anna, Texas this 24t" day
of August 2021.
Carrie L. Land, City Secretary
\ APPROVE
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ANNA COMMUNITY DEVELOPMENT CORPORATION
RESOLUTION NO.2021out .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 1 OF 2
Section in 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 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 D Richardson (Aug 16, 202111:15 CDT)
Anthony Richardson, CDC President
ATTEST:
Rocio Gonzalez, CDC Secretary
CDC OF ANNA, TEXAS RESOLUTION NO 2021.07.26 PAGE 2 OF 2
CDC Budget Resolution FY22
Final Audit Report
Created: 2021-08-16
By: Taylor Lough (dough@annatexas.gov)
Status: Signed
Transaction ID: CBJCHBCAABAAjxYNVs17-BTnyUVYd6vLT141SMaMdol4
"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
2021-08-16
C'-► Document emailed to Anthony D Richardson (anthony@opportunityannatx.com) for signature
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6o 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
C'� Document emailed to Rocio Gonzalez (rociocgonzalez@yahoo.com) for signature
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� Email viewed by Rocio Gonzalez (rociocgonzalez@yahoo.com)
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do 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.
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