HomeMy WebLinkAboutRES 082311-F - Accept GEDCO BudgetRESOLUTION NO. 08 d3I
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF GEORGETOWN, TEXAS,
ACCEPTING THE PROPOSED 2011/12 BUDGET FOR THE GEORGETOWN ECONOMIC
DEVELOPMENT CORPORATION (GEDCO).
WHEREAS, the City is required by State Law, the Bylaws of the Georgetown Economic Development
Corporation (GEDCO), previously established pursuant to Vernon's Rev. Civ. Stat. Ann., Article 5190.6
Section 4(A) to approve an annual budget; and
WHEREAS, the appropriations were approved by the 4A Board on June 23, 2011; and
WHEREAS, the budget is for the fiscal year beginning October 1, 2011 and ending September 30,
2012;
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 2011/12
budget of the Georgetown Economic Development Corporation (GEDCO) for the twelve month period
beginning October 1, 2011 and ending September 30, 2012 in accordance with State Law and the GEDCO
Bylaws.
RESOLVED this 23rd day of August, 2011.
ATTEST:
Tr E CITY OF GEORGETOWN:
ica Brettle By: Ge' ge " arver
Secretary Mayor
APPROVED AST• RM:
ndget Chap ` an
Acting City Attorney
GEDCO
Budget Resolution No
L:ADIVISION\FINANCE\SHARE2\,AGENDA\2011\MUNIAGENDA\AUGUST 23\GEDCO BUDGET RES DOC
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