RES 1437 10/25/2011 J of C/9
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"City of Choice"
RESOLUTION NO. 1437
A RESOLUTION BY THE CITY COUNCIL OF THE CITY OF CIBOLO, TEXAS
AUTHORIZING THE INITIAL CONTRIBUTION OF TWO HUNDRED FIFTY
THOUSAND DOLLARS ($2509000.00) TO CIBOLO VALLEY LOCAL
GOVERNMENT CORPORATION.
WHEREAS, Subchapter D of Chapter 431 (Sections 431.101-431.109) of the Texas Transportation
Code, as amended (the"Act") authorizes local governments to create local government corporations to
aid, assist, and act on behalf of local governments.
WHEREAS, City of Cibolo RESOLUTION NO. 1420 passed and approved the 22 day of February, 2011
signed by the Honorable Mayor Jennifer Hartman and attest by Cibolo City Secretary Peggy Cimics.
WHEREAS, Resolution No. 1420 Section 2. clarifies Ms. Lesley Pedde as the initial director of the
Corporation and Councilmember Ron Pedde as Ex Officio.
WHEREAS, Cibolo Valley Local Government Corporation Board of Directors conducted meetings and
voted in favor for each member entity to contribute two hundred fifty thousand dollars ($250,000.00)
payable by December 1, 2011.
THEN BE IT RESOLVED BY THE CITY COUNCIL OF CIBOLO TEXAS:
The City of Cibolo gives its full support to Resolution No. 1420 and the creation of the Cibolo Valley
Local Government Corporation and hereby as a Member Entity approves the initial contribution as set
forth.
APPROVED AND ADOPTED ON THIS 5 DAY OF OCTOBER,2011
J nifer H man, Mayor
ATTEST:
Peggy Cimics, City Secretary