R-85-668 - 1/10/1985RESOLUTION NO. 60
WHEREAS, by Resolution No. 290R the City Council
authorized the creation of the Round Rock Industrial
Development Corporation ( "IDC "), and
WHEREAS, the IDC 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 IDC has collected fees from applicants for
industrial development bonds and now has in excess of $25,600.00
on account, and
WHEREAS, the Board of Directors of the IDC, in
cooperation with the City and the Industrial Development
Committee of the Chamber of Commerce participated in a
convention devoted to industrial locators, and
WHEREAS, the Board of Directors of the IDC recommended
the expenditure of IDC funds to help pay for the cost of
participating in the convention, Now Therefore
BE IT RESOLVED BY THE COUNCIL OF THE CITY OF
ROUND ROCK, TEXAS
That the Board of Directors of the IDC is hereby
authorized to make expenditures of up to $5,052.91 for
participation in the industrial locators convention.
RESOLVED this 10th day of January, 1985.
ATTEST:
LAND, City Secretary
MIKE ROBINSON, Mayor
City of Round Rock