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HomeMy WebLinkAboutRES 091013-JRESOLUTION A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF GEORGETOWN, TEXAS, ACCEPTING THE 2013/14 PROPOSED PROJECT LIST OF THE GEORGETOWN TRANSPORTATION ENHANCHMENT CORPORATION (GTEC), AND APPROVING THE 2013/14 GTEC BUDGET, WHEREAS, the City is required by State Law, the Amended Articles of Incorporation, and the Bylaws of the Georgetown Transportation Enhancement Corporation (GTEC), previously established pursuant to Vernon's Rev. Civ. Stat. Ann., Article 5190.6 Section 4(13) to approve GTEC's annual operating budget: and WHEREAS, projects identified in the 2013/14 Project List are incorporated into the annual budget of GTEC, and WHEREAS, a public hearing on the projects proposed by GTEC was held on August 21, 2013, NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF GEORGETOWN, TEXAS, THAT: SECTION 1. The facts and recitations contained in the preamble of this resolution are hereby found and declared to be true and correct, and are incorporated by reference herein and expressly made a part hereof, as if copied verbatim. The City Council hereby finds that this resolution complies with the Vision Statement of the City of Georgetown 2030 Comprehensive Plan. SECTION 2. The City Council of the City of Georgetown hereby accepts the proposed project list included in the 2013/14 Georgetown Transportation Enhancement Corporation (GTEC) budget as approved by the GTEC Board on July 17, 2013. SECTION 3. Budgetary expenses, such as administrative and non-project specific expenses may be expended on or after the date of this resolution. API)ROVED. AfTO FORM: t_Anm alk ..... ..... dr_id­get­C­h_Apm.-i� Acting City Attorney Resolution No. 09 1 1 �—T Page I of I Description: 2013/14 GTEC Budget Resolution Date Approved: September 10, 2013