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HomeMy WebLinkAboutResolution - 2014-R0433 - Approve LEDA Funding Decor Group - 12/18/2014Resolution No. 2014-80433 Item No. 6.25 December 18, 2014 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 Ddcor Group is hereby approved pursuant to Section 501.073 of the Texas Local Government Code. Passed by the City Council on December 18. 2014 GLP C. ROBERTSON, MAYOR ATTEST: Rebe a Garza, City Secretary AS TO C( L� o, Deputy City Manager APPRQV b AS TO FORM: Chad Weaver, City Attorney vw:ccdocs(RES.LEDA Expenditure-Ddcor Group December 3, 2014