Laserfiche WebLink
<br />15 <br /> <br />RESOLUTION 1986-l3lR <br /> <br />A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN <br />MARCOS, TEXAS, APPROVING A CONTRACT WITH THE TEXAS <br />DEPARTMENT OF COMMUNITY AFFAIRS TO ACCEPT MONEY TO <br />LOAN TO EMBER INDUSTRIES, INC. AND SUBSEQUENTLY TO <br />OTHER ECONOMIC ASSISTANCE APPLICANTS; AUTHORIZING THE <br />MAYOR TO EXECUTE THE CONTRACT, APPROVING A DEPOSITORY <br />SIGNATORS FORM; AND ESTABLISHING AN EFFECTIVE DATE. <br /> <br />WHEREAS, the City of San Marcos and Texas Department of Community <br />Affairs desires to enter into Contract No. 705082 to provide funds to <br />loan to Embers Industries, Inc and subsequently to other economic <br />assistance applicants; and, <br /> <br />WHEREAS, Embers Industries, Inc.; desires to be a recipient of the <br />loan under the terms and conditions contained in Contract No. 705082; <br />now, therefore, <br /> <br />BE IT RESOLVED BY THE CITY <br />TEXAS: <br /> <br />COUNCI L OF <br /> <br />THE <br /> <br />CITY OF <br /> <br />SAN <br /> <br />MARCOS, <br /> <br />PART 1. That Contract #705082 between the City of San Marcos and <br />Texas Department of Community Affairs, attached to and made a part of <br />this resolution for all purposes as Exhibit "A", is approved. <br /> <br />and <br /> <br />PART 2. <br />any and <br /> <br />That the <br />all other <br /> <br />Mayor is authorized to execute the contract <br />documents necessary to its satisfaction. <br /> <br />PART 3. That the Depository/Authorized Signators Designation <br />form, attached hereto as Exhibit "B" and incorporated herein <br />for all purposes, is hereby approved. <br /> <br />PART 4. That this Resolution shall be in full <br />from and after its passage. <br /> <br />force <br /> <br />and <br /> <br />effect <br /> <br />ADOPTED this <br /> <br />10 <br /> <br />day of <br /> <br />November <br /> <br />, 19 86 . <br /> <br /> <br />~~ <br />Q E. ~c?unger <br />Mayor <br /> <br />) <br />Att¡lrst: , .1) <br />C4j~ìl¡/J~ l <br />Jakis K. Womack <br />If <br />Cfty Secretary <br /> <br />