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HomeMy WebLinkAbout0109_108(b) will contribute significantly to the fullfillment of the redevelop- ment objectives of the Unit for the EBA; (c) is in furtherance of the public purposes of the Act; (d) conforms to any and all limitations prescribed by the EBA Resolution; and (e) will contribute to the economic growth and stability of the Unit by increasing and stabilizing employment opportunity, significantly increasing or stabilizing the property tax base and promoting commerce within the Unit in the State of Texas. Section 6. After the notice and public hearing referred to above, the City Council of the Unit hereby approves the Project. Section 7. After the notice and public hearing referred to above, the City Council of the Unit hereby approves the form of the financing of the Project pursuant to Section 103(k) of the Internal Revenue Code of 1954, as amended. READ, PASSED AND APPROVED this 13th day of December, 1983. _U_ C. Lic OR ATTEST: CC 1r^ CITY SECRETARY