March 23, 2018 – MEDC Notice of Intention

MISSION ECONOMIC DEVELOPMENT CORPORATION
NOTICE OF INTENTION
BUDGET AMENDMENT TO FY 2017-2018 BUDGET

TAKE NOTICE that the Mission Economic Development Corporation of the City of Mission, (the “MEDC”), shall convene not earlier than 60 days after first publishing this notice and shall consider authorizing a Budget Amendment to the fiscal year 2017-2018 Budget, as hereinafter described, pursuant to the provisions of V.T.C.A. Local Government Code Sections 505.001 et seq. The MEDC is authorized on behalf of the City of Mission, Texas to undertake the Project or Projects by paying the cost of the Project or Projects with sales tax revenues authorized under said Local Government Code sections.

The Board of Directors of the MEDC will determine whether the Project or Projects will be undertaken and whether it will finance the cost of the Project or Projects with proceeds from sales tax revenues.

The Project or Projects shall consist of the following:

Infrastructure Improvements for a facility to be located on the North side of Mile 3 North Road (FM 1924), approximately 777.0 feet East from the Intersection of Bentsen Palm Drive, Mission, Texas, in an amount not to exceed $75,000.

Date of publication: March 23, 2018
Anna Carrillo
City Secretary