HomeMy WebLinkAboutResolution No. 04-27 CITY OF THE COLONY, TEXAS
RESOLUTION NO. 04-~ 7
A RESOLUTION OF THE CITY OF THE COLONY, TEXAS,
DISSOLVING THE DENTON COUNTY DEVELOPMENT
CORPORATION NO. 5; AND PROVIDING FOR AN EFFECTIVE
DATE.
WHEREAS, the Denton County Development Corporation No. 5 ("DCDC") have
never met or conducted any business and requested that the same be dissolved; and
WHEREAS, it appears that the same has never otherwise be incorporated; and
WHEREAS, the persons who requested the formation of said entity has agreed
with the City of The Colony to dissolve its existence; and
WHEREAS, the DCDC has reported that it does not have any assets or
outstanding debts, bonds or other obligations; and
WHEREAS, the DCDC has not entered into any agreements to promote economic
development in accordance with its Order of the Denton County Commissioners' Court
dated June 27, 2000; and
WHEREAS, the boundaries of the said corporation are wholly within the City of
The Colony, to wit: Wynnwood Peninsula; and
WHEREAS, the DCDC no longer exist and the petitioners to the formation have
agreed that said corporation should be dissolved; and
WHEREAS, after consideration, the City Council of the City of The Colony has
determined and finds that it is in agreement with the petitioners to abolish the Denton
County Development Corporation No. 5;
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE
CITY OF THE COLONY, TEXAS:
Section 1. That City Council of the City of The Colony, Texas, and the Board of
Directors of the Denton County Development Corporation No. 5 are in agreement that
said Corporation should be abolished and to the extent provided by law, hereby abolish
the Denton County Development Corporation No. 5.
Section 2. That the City Council hereby authorizes that a copy of this resolution
be filed with the County Clerk of Denton County and the records of the Denton County
Commissioners' Court.
64405
Section 3. This resolution shall become effective from and after its adoption and
publication as provided by law.
PASSED, APPROVED and EFFECTIVE this _~day of~, 2/'~004.
~ John Dillard, Mayor -
City of The Colony, Texas
ATTEST:
Christie Wilson, City Secretary, ~ ~...~.""--':"Z..OO~'~
City of The Colony, Texas [
APPR~FORM:
rt E. H~g~,./Sit~
Attorney
City of The 17_.MBny, Texas
(REH/cdb 4/28/04)
64405
Denton County
Cynthia Mitchell
County Clerk
IIIII1~111111~]11111~$11 Denton, TX 76202
70 2DOll DOO6?D63
Instrument Number: 2004-67063
As
Recorded On: May 24, 2004 Ordinance
Parties: CITY OF THE COLONY Billable Pages: 4
To Number of Pages: 4
Comment:
** Examined and Charged as Follows: **
Ordinance 20.00
Total Recording: 20.00
************ THIS PAGE IS PART OF THE INSTRUMENT ************
Any provision herein which restricts the Sale, Rental or use of the described REAL PROPERTY
because of color or race is invalid and unenforceable under federal law.
File Information: Record and Return To:
Document Number: 2004-67063
Receipt Number: 112156 NICHOLS JACKSON DILLARD
Recorded Date/Time: May 24, 2004 11:42A 500 N AKARD 1800 LINCOLN PLAZA
DALLAS TX 75201
User / Station: J Morris - Cash Station 1
THE STATE OF TEXAS }
COUNTY OF DENTON }
I hereby certify that this Instrument was FILED In the File Numl)er sequence on the date/time
County Clerk
Denton County, Texas