HomeMy WebLinkAboutR89-123074 ~DOC - ENCO CO~7{ACT 706452 RESOLUTION NO. R89-123 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PLAINVIEW, TEXAS, AUTHORIZING AN APPLICATION FOR AMENDMENT TO TDOC EMCO CONTRACT 706452. Whereas, the City of Plainview is a recipient of Texas Capital Funds administered by the Texas Department of Commerce; and Whereas, one specific Contract is TDOC Contract No. 706452 as such pertains to EMCO; and Whereas, the City of Plainview desires to amend the TDOC Contract in order to more efficiently administer the Grant. Now, Therefore, Be It Resolved by the City Council of the City of Plainview, Texas, that TDOC Contract No. 706452 be amended by the Texas Department of Commerce to defer the first payment on the loan from EMCO to the City of Plainview until thirty (30) days after Project close out. Passed and approved March 9, 8~~,~,~ E.Vo Ridlehuber, Mayor TEST: Carla Reese, Ci~-Y Secretary ~F~mes p.~effers/~~ge APPROVED AS TO F_Q~M: ~a~la'~k75urn, Ci y Attorne~