HomeMy WebLinkAboutR89-186209
TDOC - COMMUNITY DEVELOPMENT FUND - WEE CARE
RESOLUTION NO. R89-186
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
PLAINVIEW, TEXAS, AUTHORIZING THE SUBMISSION OF
AN APPLICATION FOR FUNDS UNDER THE TEXAS CAPITAL FUND
AND AUTHORIZING THE MAYOR TO ACT AS THE CITY'S
EXECUTIVE OFFICER AND AUTHORIZED REPRESENTATIVE
IN ALL MATTERS PERTAINING TO THE CITY'S
PARTICIPATION IN THE COMMUNITY DEVELOPMENT PROGRAM.
WHEREAS, the City has identified a need related to the creation
of employment opportunities principally for persons of low to
moderate income; and
WHEREAS, a loan for $160,000 would, facilitate the development of
a new Wee Care facility and create fourteen 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 Capital Fund:
NOW, THEREFORE, BE IT RESOLVED, by the City Council of the City
of Plainview, Texas.
Section 1: That the City' submit and application for a Texas
Capital Fund Loan 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 mentioned
above and more 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 Capital Fund.
Passed and Approved this 26th day of September% 1989.1
E.V. Ridle~huber, Mayor
ATTEST:
C~rla Reese, City Secretary
APPROVEDr~~AS TO~~~~E:
R61ando Vela,
Administrative Assistant
APPROVED A TO FORM:
David B~ackburn
City Attorney
210
. ',.- ~LOCAL; GO~NT RESOLUTION
Note;
A resolution byther local governing body autho~rizing the submission of an application
for funds under the Texas Capital Fund. The-,msotution must contain a ~:efe~enbe
to the specific activity for which the jurisdiction is requesting funds. Applicants have
the option of including any additional pertinent information. (Sample follows.)
SAMPLE . ,
RESOLUTION NO.
- FUNDING THROUGHTHE TEXAS DEPARTMENT OF COMMERCE
TEXAS CAPITAL FUND.
:BE IT ' RESOLVED by ~ City. Council of.the City of
as follows:
SECTION 1,
The City Council-has reviewed and hereby approves an :application for: (list activities,
location and dollar_amount)
;The City_Oounc'd .has revfewed ,:a~d '~ereby':agre~s..to comply :~ all.assurances executed
in-connection w'rth the application and, if awarded, the grant.
SECTION 3.
· ';_~, City. Manager:is herebyauthor'~ed-and directed to act~3~'.theCity~sbehaifin all matters '
pertaining to this application.
PASSED AND ADOPTED at a regular meeting of the-City;Council of the. City of
· ~.,. ,held on by.the following vote:
~ AYES:
'ATTEST: