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<br />RESOLUTION NO. <br /> <br />88-080 <br /> <br />WHEREAS, the State of Texas, Department of Commerce has <br />available funds for loan through cities and counties to <br />encourage economic development and the creating of jobs for <br />lower and middle income persons; and, <br /> <br />WHEREAS, Workhoist, Inc., an existing small business <br />has requested the City of Paris to make the application for <br />the loan of such funds and then loan them the funds; and, <br /> <br />WHEREAS, it is deemed to be in the best interest of the <br />economic development of the City of Paris and therefore in <br />the best interest of its citizens that such application <br />should be prepared and submitted under the authority of the <br />City of Paris; NOW, THEREFO~E, <br /> <br />BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF <br />PARIS, AS FOLLOWS: <br /> <br />1. That Eric S. Clifford, Mayor of the City of Paris, <br />be, and he is hereby authorized and directed to execute on <br />behalf of the City of Paris the loan application in the form <br />attached hereto as Exhibit A. <br /> <br />2. That W. E. Anderson, <br />he is hereby authorized to <br />officer to receive funds for <br />funds to Workhoist, Inc. <br /> <br />3. That Sue Smith, Main Street Project Manager, be, <br />and she is hereby appointed contact person for the <br />Workhoist, Inc., Project. <br /> <br />Director of Finance, be, and <br />serve as the City's fiscal <br />the purpose of loaning said <br /> <br />Passed and adopted this 8th <br /> <br /> <br />August, 1988. <br /> <br />ATTEST: <br /> <br />~~~~ ~ <br />Matt~e Cunning am, 'cttY' r <br /> <br /> <br />FORM: <br /> <br />ty Attorney <br />