MISSION ECONOMIC DEVELOPMENT CORPORATION NOTICE OF INTENTION BUDGET AMENDMENT TO FY 2020-2021 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 2020-2021 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: Mirabelle Plaza, Lot 1A, 1B & 1D, Mission, Texas, for infrastructure improvements, in an amount not to exceed $150,000 over a period not to exceed three years.
Date of Publication: January 22, 2021
Anna Carrillo
City Secretary

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