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HomeMy WebLinkAboutResolution - 2018-R0168 - LEDA Expenditure - Hydrite Chemical Company - 05/10/2018Resolution No. 2018-RO168 Item No. 6.15 May 10, 2018 RESOLUTION WHEREAS, pursuant to Section 501.073 of the Texas Local Government Code the City of Lubbock, as the corporation's authorizing unit, has the authority to approve all programs and expenditures of the Lubbock Economic Development Alliance (LEDA); and WHEREAS, the City Council finds that it is in the best interest of the public to approve the program or expenditure, as proposed to the City Council by LEDA, as set forth in Exhibit "A" attached hereto and incorporated herein by reference; NOW THEREFORE: BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF LUBBOCK: THAT the program or expenditure of the Lubbock Economic Development Alliance, in the amount set forth in Exhibit "A" attached hereto and incorporated herein by reference, to be provided to Hydrite Chemical Company, is hereby approved pursuant to Section 501.073 of the Texas Local Government Code. Passed by the City Council on ATTEST: Rebe ca Garza, City Secr tary APPROVED AS TO CONTENT: W. J ett Atkinson, City Manager APPROVED AS TO FORM: Assistant City Attorney ccdoc` RFC . LEDA Expenditure — Hydrite Chemical Company May 2, 2018 May 10, 2018 DANIEL M. POPE, MAYOR