R-83-510 - 3/24/1983WHEREAS, by Resolution No. 290R the City Council
authorized the creation of the Round Rock Industrial Develop-
ment Corporation (Corporation), and
WHEREAS, the Corporation was authorized on behalf of the
City to act for the specific public purpose of the promotion
and development of commercial, industrial and manufacturing
enterprises to promote and encourage employment and the
public welfare, and
WHEREAS, the Corporation has collected fees from
applicants for industrial development bonds and now has in
excess of $8,000.00 on account, and
WHEREAS, the Board of Directors of the Corporation, in
cooperation with the Industrial Development Committee of the
Chamber of Commerce is planning a project to encourage the
promotion and development of commercial, industrial and
manufacturing enterprises in Round Rock, and
WHEREAS, the Board of Directors of the Corporation has
approved the expenditure of up to $6,000.00 of the Corpora-
tion's funds for the project, and
WHEREAS, the Board of Directors of the Corporation
requests the City Council to authorize such expenditure, Now
Therefore
BE IT RESOLVED BY THE COUNCIL OF THE CITY OF ROUND ROCK,
TEXAS
That the Board of Directors of the Round Rock Industrial
Development Corporation is hereby authorized to make expendi-
tures of up to $6,000.00 for a project to encourage the
promotion and development of commercial, industrial and
manufacturing enterprises in the City of Round Rock.
ATTEST:
NE
RESOLUTION NO. .570I€
RESOLVED this 4 day of
LAND
y Secretary
L ':+Y L. '1 N
Mayor
City of Round Rock, Texas