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<br />PARIS ECONOMIC DEVELOPMENT CORPORATION <br /> <br />RESOLUTION NO. 2002-003 <br /> <br />A RESOLUTION OF THE BOARD OF DIRECTORS OF THE PARIS <br />ECONOMIC DEVELOPMENT CORPORATION, APPROVING THE <br />ANNUAL BUDGET; MAKING OTHER FINDINGS AND PROVISIONS <br />RELATED TO THE SUBJECT; AND PROVIDING AN EFFECTIVE DATE. <br /> <br />WHEREAS, the Paris Economic Development Corporation, in keeping with Section 8.03 <br />of its bylaws, is obligated to have a proposed budget prepared, approved and delivered to the City <br />Manager of the City of Paris on or before June 30 of each year for inclusion in his annual budget <br />to be presented to the City Council in accordance with the Charter of the City of Paris; and, <br /> <br />WHEREAS, the budget attached hereto as Exhibit A is hereby presented by the Secretary- <br />Treasurer, and it is appropriate that such budget be approved; NOW THEREFORE; <br /> <br />BE IT RESOLVED BY <br />CORPORATION: <br /> <br />THE PARIS <br /> <br />ECONOMIC <br /> <br />DEVELOPMENT <br /> <br />Section 1. That the findings set out in the preamble to this resolution are hereby in all <br />things approved. <br /> <br />Section 2. That the budget attached hereto as Exhibit A be, and the same is hereby, <br />approved. <br /> <br />Section 3. That the Secretary-Treasurer be, and she is hereby, directed to deliver the <br />budget attached hereto as Exhibit A to the City Manager of the City of Paris for inclusion in his <br />annual budget to be presented to the City Council in accordance with the Charter of the City of <br />Paris. <br /> <br />Section 4. That this resolution shall be effective from and after its date of passage. <br /> <br />PASSED AND ADOPTED this 19th day of June, 2002. <br /> <br /> <br />ATTEST: <br /> <br />~. <br /> <br /> <br />) <br />