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AN ORDINANCE OF THE CITY OF MISSION, TEXAS APPROVING THE MISSION ECONOMIC DEVELOP-MENT CORPORATION RESOLU-TION 2010-04; AUTHORIZING THE REFUNDING OF CERTAIN OBLI-GATIONS OF THE CITY OF MISSION ECONOMIC DEVELOP-MENT CORPORATION; AUTHOR-IZING THE REFUNDING OF CERTAIN OBLIGATIONS AND APPROVING OTHER MATTERS INCIDENT THERETO.

STATE OF TEXAS                                    §

COUNTY OF HIDALGO                        §

CITY OF MISSION                                §

WHEREAS, the Mission Economic Development Corporation (the “Corporation”) has approved a resolution authorizing the refunding of certain outstanding obligations of the Corporation.

NOW, THEREFORE, BE IT ORDERED BY THE CITY COUNCIL OF THE CITY OF MISSION, TEXAS.

That Resolution #2010-04 adopted by the Mission Economic Development Corporation authorizing the issuance of the refunding bonds is hereby in all things approved and ratified.

PASSED AND APPROVED on December 23, 2010.

CITY OF MISSION, TEXAS

Leo Olivarez, Mayor Pro-Tem

ATTEST: Anna Carrillo, City Secretary

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