HomeMy WebLinkAboutResolution No. 92-07 CITY OF THE COLONY, TEXAS
RESOLUTION NO. ~,,2,~_~ j7
WHEREAS, the City Council of the City of The Colony, Texas finds it is in the best
interest of the citizens of the City to adopt the Articles of Incorporation for The Colony
Economic Development Corporation; and
WHEREAS, it is furthermore in the best interest of the City of The Colony to ,
authorize The Colony Economic Development Corporation to act on behalf of the City to
further the public purposes of the promotion and development of new and expanded
business enterprises to provide and encourage employment in the furtherance of the public
welfare;
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE
CITY OF THE COLONY, TEXAS:
SECTION 1. That the Articles of Incorporation of The Colony Economic
Development Corporation are hereby adopted.
SECTION 2. That The Colony Economic Development Corporation is hereby
authorized to act on behalf of the City of The Colony for the public purposes of the
promotion and development of new and expanded business enterprises to provide and
encourage employment and the furtherance of public welfare.
SECTION 3. That this Resolution shall become effective immediately upon its
passage.
PASSED AND APPROVED this ~'~dai o~ ~.... ,1992.
William W. Manning, Mayor
ATTEST:
~atti A. Hicks~ CMC/AAE
City Secretary