HomeMy WebLinkAboutRES 082217-Q - 2018 GTEC BudgetRESOLUTION NO. OS aall " Q
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF GEORGETOWN, TEXAS,
ACCEPTING THE 2018 PROPOSED PROJECT LIST OF THE GEORGETOWN
TRANSPORTATION ENHANCHMENT CORPORATION (GTEC), AND APPROVING
THE 2018 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(B) to approve GTEC's annual
operating budget: and
WHEREAS, projects identified in the 2018 Project List are incorporated into the annual budget of
GTEC,
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.
SECTION 2. The City Council of the City of Georgetown hereby accepts the proposed project list
included in the 2018 Georgetown Transportation Enhancement Corporation (GTEC) budget as approved
by the GTEC Board on July 16, 2017.
SECTION 3. Budgetary expenses, such as administrative and non -project specific expenses
may be expended on or after the date of this resolution.
RESOLVED this 22 day of August, 2017.
ATTEST:
Shelley No
City Secret
APPROVE A. - O FORM:
C ares cNabb
City Attorney
Resolution No.
Description: 2018 GTEC Budget Resolution
Date Approved: August 22, 2017
70 OF GE ETOWN:
Q
By: Dale Ross
Mayor
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