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HomeMy WebLinkAboutRES 090815-H - 2016 GTEC BudgetRESOLUTION s • Isaw RESOLUTION OF e OF •- • ACCEPTING THE FY 2016 PROPOSED PROJECT LIST OF THE GEORGETOW TRANSPORTATION ♦ CORPORATION r. t AND APPROVINIII THE FY 2016 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'; Rev. Civ. Stat. Ann., Article 5190.6 Section 4(B) to approve GTEC's annual operating budget: and WHEREAS, projects identified in the FY 20`16 Project List are incorporated into the annual budget of ETEC, and NOW, • ' BE • BY COUNCILTHE CITY OF GEORGETOWN, TEXAS, SECTION• recitations contained in the preamble • • • -• found and declared to be true and correct, and are incorporated by reference herein and expressly ma part hereof, as if copied verbatim. The City Council• •s that this resolution complies Vision Statement of of -• •- • 2030 Comprehensive includedSECTION 2. The City Council of the City of Georgetown hereby accepts the proposed project list in the FY 2016 Georgetown Transportationbudget approved by the GTEC Board on August 19, 2015i SECTION 3. Budgetary expenses, such as administrative and non-proje'ct specific expenses may be expended on or after the date of this resolution. AT S V8ic ' Brettle Ccretary APPVED AS TO OR : Resolution No. Description: FY 2016 GTEC Budget Resolution Date Approved: September 08, 2015 THE CITY OF GEORGETOWN: By: Dale Ross Mayor