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HomeMy WebLinkAboutResolution - 2014-R0432 - Approve LEDA Funding - National Pump - 12/18/2014Resolution No. 2014-800432 RESOLUTION I WI-IEIZEAS, 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 TIJEREFORE: BE IT RESOLVED BY TI -IE CITY COUNCIL OF TI -IE 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 National Pump is hereby approved pursuant to Section 501.073 of the Texas Local Government Code. Passed by the City Council on December 18. 2014 GLV5�0,'IMEffSON, MAYOR ATTEST: Reber a Garza, City Secrcta A 7 711 AS TO CON°l T: Quincy/Whitc, Deputy City Manager APP RO D A TO FORM: Chad Weaver, City Attorney vw:ccdocs/RES.LEDA Expenditure -National Pump December 3, 2014