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<br />RESOLUTION NO. q::l_ll? <br /> <br />WHEREAS, the citizens of Paris did at election on the <br />1st day of May, 1993, provide for the funding of an Economic <br />Development Corporation by the passage of a one-fourth (1/4) <br />of one percent (1%) sales and use tax to carry out industrial <br />development programs; and, <br /> <br />WHEREAS, the City Council of the City of Paris did in <br />Resolution No. 93-076, on July 12, 1993, authorize the <br />establishment of a non-profit corporation to promote, assist, <br />and enhance economic development as permitted by the Texas <br />Development Corporation Act of 1979, appoint the initial <br />Board of Directors, and approved the Articles of <br />Incorporation which said Articles of Incorporation were filed <br />with the Secretary of State on July 19, 1993; and, <br /> <br />WHEREAS, the proposed Bylaws of the Paris Economic <br />Development Corporation in the form attached hereto as <br />Exhibit A should be in all things approved; NOW, THEREFORE, <br /> <br />BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PARIS, <br />that the proposed Bylaws of the Paris Economic Development <br />Corporation, attached hereto as Exhibit A, be, and the same <br />are hereby approved. <br /> <br />Passed and adopted this 15th day of November, 1993. <br /> <br />" <br /> <br />'. <br /> <br />~tFi~or <br /> <br />ATTEST: <br /> <br />~~~~,~~ <br />Mattie Cunning am, Ci y C er <br /> <br />APPROVED AS TO~ORM: <br /> <br />