HomeMy WebLinkAboutRES 082223-5.V - 2024 GEDCO BudgetRESOLUTION NO. (M1,23 -S V
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF GEORGETOWN,
TEXAS, ACCEPTING THE 2024 PROPOSED PROJECT LIST OF THE
GEORGETOWN TRANSPORTATION ENHANCHMENT CORPORATION
(GTEC); APPROVING THE 2024 GTEC BUDGET; REPEALING CONFLICTING
RESOLUTIONS; INCLUDING A SEVERABILITY CLAUSE; AND
ESTABLISHING AN EFFECTIVE DATE.
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 2024 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 meeting at which this resolution was approved was conducted in compliance with
the Texas Open Meetings Act, Texas Government Code, Chapter 551.
SECTION 2. 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 3. The City Council of the City of Georgetown hereby accepts the proposed project list
included in the 2024 Georgetown Transportation Enhancement Corporation (GTEC) budget as approved
by the GTEC Board on July 19, 2023.
SECTION 4. Budgetary expenses, such as administrative and non -project specific expenses may
be expended on or after the date of this resolution.
SECTION 5. All resolutions that conflict with the provisions of this resolution are hereby repealed,
and all other resolutions of the City not in conflict with the provisions of this resolution shall remain in full
force and effect.
SECTION 6. If any provision of this resolution, or application thereof, to any person or
circumstance, shall be held invalid, such invalidity shall not affect the other provisions, or application
thereof, of this resolution, which can be given effect without the invalid provision or application, and to this
Resolution No. O%2223 -5. Page 1 of 1
Description: 2024 GTEC Budget Resolution
Date Approved: August 22, 2023
end the provisions of this resolution are hereby declared to be severable.
SECTION 7. The Mayor is hereby authorized to sign this resolution and the City Secretary to attest.
This resolution shall become effective and be in full force and effect immediately in accordance with the
provisions of the City Charter of the City of Georgetown.
RESOLVED this 22" d day of August, 2023.
ATTEST:
�&"' A&IM4 ev—
Robyn Den ore
City Secretary
APPROVED AS TO FORM:
4kyesson�j
City Attorney
Resolution No. O$ZZZ3-5•V Page 2 of 1
Description: 2024 GTEC Budget Resolution
Date Approved: August 22, 2023