HomeMy WebLinkAbout02-28-2002-10.12 - Resolution - 02/28/2002 4 110 RESOLUTION NO. 02- 28- 2002 -10.12
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF COLLEGE STATION,
TEXAS, PROVIDING A GRANT TO THE BRYAN- COLLEGE STATION ECONOMIC
DEVELOPMENT CORPORATION FOR PAYMENT OF PERMIT AND TAP/METER FEES
FOR UNIVERSAL COMPUTER SERVICES, INC., AS AN ECONOMIC DEVELOPMENT
INCENTIVE.
WHEREAS, the City Council has developed the Business Center at College Station for the
express purpose of attracting new business and industry to the community;
WHEREAS, the City Council is authorized by Section 380, TEXAS LOCAL GOVT. CODE, to
provide for grants of public money to promote local economic development and to stimulate
business in the City of College Station; and
WHEREAS, the City Council is actively seeking economic development prospects and new jobs
in College Station; now, therefore,
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF COLLEGE STATION,
TEXAS:
PART 1: That the City Council hereby authorizes the grant of funds in an amount not to exceed
$25,000.00, to UNIVERSAL COMPUTER SERVICES, INC. for payment of the
actual costs of permit fees and tap /meter fees for UNIVERSAL COMPUTER
SERVICES, INC.
PART 2: That the City Council is making this grant in light of UNIVERSAL COMPUTER
SERVICES, INC.'S. commitment to provide gross payroll and jobs as provided in an
economic development agreement dated October 8, 2001.
PART 3: That the City Council is hereby establishing this program or process or grant of funds
to promote the City of College Station economy and economics at the Business
Center.
PART 4: That this resolution shall take effect immediately from and after its passage.
ADOPTED by the City Council of the City of College Station, Texas, this 28th day of
February, A.D. 2002.
ATTEST: APPROVED:
O ffyliyvi
CONNIE HOOKS, City Secretary LYNN cILHANEY, Mayor
APPROVED:
HARVEY RGIL rty Attorney