HomeMy WebLinkAboutR85-908RESOLUTIC~ NO. R85-908
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PIAINVIEW,
TEXAS, AUTHORIZING THE FILING OF AN ECONOMIC DEVELCi~T
PROGRAM APPLICATION TO THE TEXAS DEP~ OF COF~3NITY
AFFAIRS AND AI3THORIZING THE MAYOR TO ACT AS THE CITY'S
CHIEF EXfL73TIVE OFFICER AND AUTHORIZE REPRESENTATIVE IN
AT,T, ~ PERPAINING TO THE CITY'S PARTICIPATION IN THE
TEXAS ~TY DEVELOPMENT PROGRAM.
WHEREAS, the City has identified a need related to the creation and
retention of em~l~t opportunities principally for persons of low to
moderate income; and
WHEREAS, the provision of incentive project financing are necessary
to facilitate the development by 5~4S, Inc. expansion of facilities which
will result in the retention of five employment positions and create 20
new permanent employment positions in Plainview, and will assist in
meeting the above mentioned need for same; and
WHEREAS, it is necessary and in the best public interest that the
City avail itself of assistance under the Texas Economic Development
NOW, THEREFORE BE IT resolved by the City Council of the City of
Plainview, Texas.
Section 1: That the City submit an application for a Texas
Economic Development Program Grant under the terms and conditions of the
State of Texas and agree and understand the assurances contained in said
application.
Section 2: That the City endorses the activities r~ntioned above
and n~re fully described in the City's application.
Section 3: That the City Council directs and designates the Mayor
as the City's Chief Executive Officer and authorized representative to
act in all matters in connection with this application and the City's
participation in the Texas Economic Development Program.
PASSED AND APPBDVED this the_~l.0th day of September, 1985.
WkLTER S. DODSON, City Clerk
E.V. RIDLE~UBER, Mayor