HomeMy WebLinkAboutResolution No. 94-16 Ol lGItl .l-
CITY OF THE COLONY, TEXAS
RESOLUTION NO. ~J-/~
WHEREAS, the Kid's Colony Playground has been accepted by the City of The
Colony from the Kid's Colony Playground Committee; and
WHEREAS, the City of The Colony will in the future be responsible for the
maintenance of the Kid's Colony Playground; and
WHEREAS, the Kid's Colony Playground Committee has found it necessary to apply
for a loan from First Colony Bank, to complete this project for the benefit of the City and
all it's citizens; and
WHEREAS, it is desire to the City Council to assist the Kid's Colony Committee in
completion of this project; and
WHEREAS, First Colony Bank has requested the City Council guarantee the loan to
Kid's Colony Playground Committee:
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY
OF THE COLONY, TEXAS that the City of The Colony is hereby agrees to guarantee the
loan made to the Kid's Colony Playground Committee by the First Colony Bank.
PASSED AND APPROVED this //4 day of Julyf~994.
William W. Manning, Mayor
Patti A. Hicks, TRMC, City Secretary