HomeMy WebLinkAboutRES 082808-G - GTEC Budget Approval
RESOLUTION NO. 0S2900''(;
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF GEORGETOWN, TEXAS,
ACCEPTING THE 2008/09 PROPOSED PROJECT LIST OF THE GEORGETOWN
TRANSPORTATION ENHANCHMENT CORPORATION (GTEC), AND APPROVING THE
2008/09 GTEC BUDGET,
WHEREAS, the City is required by State Law, the Amended Articles of Incorporation, and the Bylaws
of the Georgetown Transportation Enhancement Corporation (GTEC), previously established pursuant to
Vernon's Rev. Civ. Stat. Ann., Article 5190.6 Section 4(B) to approve GTEC's annual operating budget: and
WHEREAS, projects identified in the 2008/09 Project List are incorporated into the annual budget of
GTEC, and
WHEREAS, a public hearings on the projects proposed by GTEC were held in previous fiscal years,
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
GEORGETOWN, TEXAS, THAT:
SECTION 1. The facts and recitations contained in the preamble of this resolution are hereby found and
declared to be true and correct, and are incorporated by reference herein and expressly made a part hereof,
as if copied verbatim. The City Council hereby finds that this resolution complies with the Vision Statement of
the City of Georgetown 2030 Comprehensive Plan.
SECTION 2. The City Council of the City of Georgetown hereby accepts the proposed project list
included in the 2008109 Georgetown Transportation Enhancement Corporation (GTEC) budget as approved
by the GTEC Board on July 16, 2008.
SECTION 3. Budgetary expenses, such as administrative and non-project specific expenses may be
expended on or after the date of this resolution.
RESOLVED this 28th day of August, 2008.
ATTEST: THE CITY OF GEORGETOWN:
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Sandra D. Lee By: Georg Garver
City Secretary Mayor
APPR VED AS TO FORM:
Patricia Carls, City Attorney
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