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HomeMy WebLinkAboutRes 2008-02-04 Approving Anna CDC Bylaws.pdfCITY OF ANNA, TEXAS RESOLUTION NO. 2008-02-04 RESOLUTION APPROVING THE ANNA COMMUNITY DEVELOPMENT CORPORATION'S BYLAWS WHEREAS, the City of Anna, Texas (the "City") created the Anna Community Development Corporation (the "Corporation") pursuant to Section 4B of the Development Corporation Act of 1979, as amended, Article 5190.6, Texas Revised Civil Statutes Annotated (the "Act"), for the purpose of financing the costs of one or more projects within the meaning of the Act; WHEREAS, the levy by the City of an economic development sales and use tax for the benefit of the Corporation under the Act was authorized by a majority of the qualified voters of the City, voting at an election called and held for that purpose; and WHEREAS, the Corporation has submitted to the City amended Bylaws requesting City Council approval; and WHEREAS, it is deemed necessary and advisable that this Resolution be adopted; NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL, THE CITY OF ANNA THAT: Section 1. The City Council hereby approves the CDC Bylaws in the form adopted by the Corporation on February 25, 2008. Section 2. If any section, paragraph, clause, or provision of this Resolution shall be held to be invalid or unenforceable, the invalidity or unenforceability of such section, paragraph, clause, or provision shall not affect any of the remaining provisions of this Resolution. PASSED AND APPROVED this 26" of February, 2008. ayor, Kenneth Pelham ATTEST: /��/ mpuuuuuun„ .y'L__1LLiG'lAe7..¢— '..�F gN2'9`c Cy Secretary, Natha Wilkison Res No. 2008-02-04 Approving CDC Byiaw.doc 7'',,* '•.,-__-, *?� 02-26-08