R-84-601 - 4/26/1984RESOLUTION NO. 610/R
WHEREAS, by Resolution No. 290R the City Council authorized
the creation of the Round Rock Industrial Development 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
$41,000.00 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 the Corporation's funds for the
project, and
WHEREAS, the Board of Directors of the Corporation requests
the City Council to authorize such expenditure in an amount
deemed appropriate by the Council, 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 expenditures
of up to $ 11,5 for a project to encourage the
promotion and development of commercial,_ industrial and
manufacturing enterprises in the City of Round Rock.
RESOLVED this 2?o day of .![-r✓ ', 1984.
7
MIKE ROBINSON, Mayor
City of Round Rock, Texas
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