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03-B PEDC BudgetDRAFT F:~Attorney~ALICE~ESWORK\CURRENT~PEDC Budget Appr 2003.wpd September 5, 2003 RESOLUTION NO. A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PARIS, PARIS, TEXAS, ACCEPTING AND APPROVING THE PARIS ECONOMIC DEVELOPMENT CORPORATION BUDGET FOR THE FISCAL YEAR OCTOBER 1, 2003, TO SEPTEMBER 30, 2004; MAKING OTHER FINDINGS AND PROVISIONS RELATED TO THE SUBJECT; AND PROVIDING AN EFFECTIVE DATE. WHEREAS, the Paris Economic Development Corporation has presented its budget for the fiscal year beginning October 1, 2003, and ending September 30, 2004; and, WHEREAS, it is appropriate that said budget, attached hereto as Exhibit A, be accepted and approved; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PARIS, PARIS, TEXAS: Section 1. That the findings set out in the preamble to this resolution are hereby in all things approved. Section 2. That the proposed budget for the Paris Economic Development Corporation, for the fiscal year beginning October 1, 2003, and ending September 30, 2004, be, and the same is hereby, accepted and approved. Section 3. That this resolution shall be effective from and after its date of passage. PASSED AND APPROVED this 9th day of September, 2003. ATTEST: Curtis Fendley, Mayor Mattie Cunningham, City Clerk APPROVED AS TO FORM: Larry W. Schenk, City Attorney