HomeMy WebLinkAbout17-12 02-27-2012EULESS DEVELOPMENT CORPORATION
RESOLUTION NO. 17-12
A RESOLUTION RELATING TO A PUBLIC HEARING AND
PROVIDING FOR THE UNDERTAKING AND EXPENDITURE OF
FUNDS FOR A PROJECT INVOLVING THE AMENDMENT AND
MODIFICATION OF AN EXISTING PROJECT WITH U.S. CONCRETE
AND ITS SUBSIDIARY REDI MIX, L.LC., AND INVOLVING JOB
CREATION INCENTIVES AND RENOVATIONS TO THE CURRENT
FACILITY TO ACCOMMODATE AND SERVE AS THE
CORPORATE HEADQUARTERS AND A PRIMARY JOB TRAINING
FACILITY AND TO PROMOTE NEW BUSINESS DEVELOPMENT
WITHIN THE CITY OF EULESS; AND RESOLVING OTHER
MATTERS INCIDENT AND RELATED THERETO.
WHEREAS, the Secretary of the Euless Development Corporation caused to be
published in the Fort Worth Star Telegram on February 21, 2012, a notice of public
hearing to be held by the Board of Directors of the Corporation on February 27, 2012, on
the undertaking and expenditure of funds for a project involving the amendment and
modification of an existing project with U.S. Concrete and its subsidiary Redi Mix,
L.L.C., and involving job creation incentives and renovations to the current facility
which will serve as the corporate headquarters and a primary job training facility and
to promote new business development within the City of Euless; and
WHEREAS, the public hearing was held and conducted on the date and at the
time and place stated in said notice, and after describing the Project and its estimated
costs, all persons present at such public hearing were given the opportunity to make a
statement regarding such Project and the expenditure of Corporation funds therefore; and
WHEREAS, following such public hearing on the Project and considering any
issues raised about the Project, the Board of Directors hereby finds and determines the
Project should be undertaken and Corporation funds expended for its accomplishment;
now therefore,
BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE EULESS
DEVELOPMENT CORPORATION: the Project involving the amendment and
modification of an existing project with U.S. Concrete and its subsidiary Redi Mix,
L.L.C., and involving job creation incentives and renovations to the current facility to
accommodate and serve as the corporate headquarters and a primary job training
facility and to promote new business development within the City of Euless is hereby
determined to be a project within the meaning of Section 4B of Article 5190.6, Vernon's
Annotated Civil Statutes, and such project is hereby approved.
FURTHERMORE, the acts of the Secretary of the Corporation in causing notice of
public hearing on said Project to be published in the Fort Worth Star Telegram on February
21, 2012, are hereby approved, ratified and confirmed in all respects.
PASSED AND ADOPTED, this 27th day of February 2012.
EULESS DEVELOPMENT CORPORATION
Mary Lib Salk
Chairman, Board of Directors
ATTEST:
Kir Sutter
ecretary, Board of Directors