HomeMy WebLinkAboutRES 900204 - Promote Industry DevelopmentRESOLUTION NO, qGU�o
A RESOLUTION ;AUTHORIZING THE CITY of GEORGETO(OJ, TEXAS
TO ENTER INTO AN :AGREEMENT FOR SERVICES WITH THE
GEORGETOWN INDUSTRIAL FOUNDATION FOR PROMOTION OF
INDUSTRIAL DEVELOPMENT AND AUTHORIZING THE MAYOR TO
EXECUTE SHE AGREEMENT:
WHEREAS, the City of Georgetown, Texas (CITY) seeks to promote
industrial development; and
WHEREAS, the Georgetown Industrial Foundation (FOUNDATION)
also seeks to promote industrial development; and
WHEREAS; the CITY desires to enter into a contract for
services with the FOUNDATION and provide funds to the FOUNDATION
in an amount not to exceed $46,500,00;
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY
OF GEORGETOWN, TEXAS, THAT:
Section I,
The City Council of the City of Georgetown approves the
Agreement between the City of Georgetown and the Georgetown
Industrial Foundation, attached hereto and incorporated herein as
if fully set forth at length and commits to providing an amount
not to exceed $46,500,00 in funding,
Section IL
The Mayor be authorized to execute the Agreement and the City
Secretary to attest thereto,
RESOLVED this the 164 day of 1jLaL 1990,
Elizabeth G, Gray
City Secretary