TB-2026-001 - 4/23/2026 RESOLUTION NO. TB-2026-001
WHEREAS, the purpose of the Round Rock Transportation and Economic Development
Corporation ("TEDCO") is to promote economic development as contemplated by Chapters 501 and
505 of the Texas Local Government Code (the "Code"); and
WHEREAS, the Board of Directors (the "Board") of TEDCO has previously determined that
certain transportation related projects meet the statutory definition of a"project" under the terms of §§
501.103 and 505.159 of the Code; and
WHEREAS, the Board has also determined that the TEDCO Projects will promote or develop
new or expanded business enterprises,pursuant to §501.103 of the Code; and
WHEREAS, the City of Round Rock ("City") desires to Issue City of Round Rock Certificates
of.Obligation ("CO's") to finance the construction of the TEDCO Projects; and
WHEREAS, TEDCO agrees to pay the debt service payments on the CO's, Now Therefore
BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE ROUND ROCK
TRANSPORTATION AND ECONOMIC DEVELOPMENT CORPORATION,
That the President is hereby authorized and directed to execute on behalf of the Round Rock
Transportation and Economic Development Corporation an Agreement Related to the Issuance of Bonds
for Road Construction Projects, a copy of same being attached hereto as Exhibit "A" and incorporated
herein for all purposes.
The Board of Directors hereby finds and declares that written notice of the date, hour, place and
subject of the meeting at which this Resolution was adopted was posted and that such meeting was open
to the public as required by law at all times during which this Resolution and the subject matter hereof
were discussed,considered and formally acted upon, all as required by the Open Meetings Act, Chapter
551, Texas Government Code, as amended.
0112.20262
RESOLVED this 23rd day of April, 2026.
By: LA
REN FLORES, Presi ent
Round Rock Transportation and Economic
Development Corporation
ATTEST:
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RICK VILLARREAL, Secretary
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