HomeMy WebLinkAboutRES 082316-L - GTEC BudgetRESOLUTION NO. o%a'516-L
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF GEORGETOWN, TEXAS,
ACCEPTING THE 2017 PROPOSED PROJECT LIST OF THE GEORGETOWN
TRANSPORTATION ENHANCHMENT CORPORATION (GTEC), AND APPROVING
THE 2017 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 2017 Project List are incorporated into the annual budget of
GTEC,
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.
SECTION 2. The City Council of the City of Georgetown hereby accepts the proposed project list
included in the 2017 Georgetown Transportation Enhancement Corporation (GTEC) budget as approved
by the GTEC Board on June 15, 2016.
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 231d day of August, 2016.
ATTEST:
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Resolution No. noba5t(p—L,
Description: 2017 GTEC Budget Resolution
Date Approved: August 23, 2016
THE �ITY OF GEORGETOWN:
By: Dale Ross
Mayor Ross
Mayor
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FY2015 Actual FY2016 Budget FY2016 Projected FY2012 Base FY2012 Changes FY2012 Budge[