HomeMy WebLinkAbout0158_157RESOLUTION DIRECTING ESTABLISHMENT OF GEORGETOWN
AIRPORT FUND BANK ACCOUNT PURSUANT TO THE TEXAS
MUNICIPAL AIRPORTS ACT TITLE 3 (a) ARTICLE 46 (d)-11
AND PROVIDING THAT NO FUNDS SHALL BE WITHDRAWN
EXCEPT FOR SPECIAL PURPOSES.
WHEREAS, a need exist for the establishment of the Georgetown
Airport fund bank account in order for the City of Georgetown to be
in full compliance with Article 46(d)-11 of the Municipal Airports
Act Title 3(a), Vernons Annotated Civil Statutes,
Therefore BE IT RESOLVED by the City Council of the City of
Goergetown that there shall be established in a Georgetown Bank
acting as depository for City's funds an account to be designated
the Georgetown Airport Fund and all revenues derived from the
ownership, control and operation of the Georgetown Municipal Airport
shall be deposited therein and all withdrawals from said special
account shall be appropriated solely to and used by the City of
Georgetown for the airport uses authorized by the said Municipal
Airports Act. The Georgetown City Manager shall cause such fund
to be opened forthwith.
PASSED, APPROVED, AND ADOPTED this the 13th day of December,
1983.
04L c, - L,Iz.. -
Jo4n C. Doerfler, Mayor
ATTEST:
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Jim Colbert, City Secretary
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