96-01SPDC RESOLUTION NO. 96-01
A RESOLUTION SETTING A PUBLIC HEARING ON THE EXPENDITURE
OF CORPORATION FUNDS RELATING TO PROJECTS TO BE
UNDERTAKEN BY THE CORPORATION FOR THE PURCHASE OF
LAND AND MAKING IMPROVEMENTS THERETO FOR
NEIGHBORHOOD PARKS AND MAKING ADDITIONAL
IMPROVEMENTS TO EXISTING PARK LAND, INCLUDING RELATED
ROAD AND STREETS IMPROVEMENTS THAT ENHANCE SUCH PARK
FACILITIES, AND PAYING MAINTENANCE AND OPERATING COSTS
OF SAID MUNICIPAL PARK FACILITIES; AND APPROVING AND
AUTHORIZING NOTICE OF SUCH PUBLIC HEARING.
WHEREAS, the Board of Directors of the Southlake Parks Development Corporation hereby finds
and determines the bonds should be issued for the purchase of land and making improvements
thereto for neighborhood parks and making additional improvements to existing park land,
including related road and streets improvements that enhance such park facilities, and paying
maintenance and operating costs of said municipal park facilities; and
WHEREAS, prior to the expenditure of funds for such projects, the Board of Directors is required
to hold a public hearing on such matters; now, therefore,
BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE SOUTHLAKE PARKS
DEVELOPMENT CORPORATION THAT a public hearing on the expenditure of corporate
funds for the purchase of land and making improvements thereto for neighborhood parks and
making additional improvements to existing park land, including related road and streets
improvements that enhance such park facilities, and paying maintenance and operating costs of
said municipal park facilities shall be and is hereby resolved to be held on the 18th day of
February, 1997, during a meeting of the Board of Directors to be held at 6:00 o'clock P.M. at
the City Hall of Southlake, Texas, 667 North Carroll Avenue, and the Secretary of the Board of
Directors is hereby authorized and directed to cause a notice of such public hearing, substantially
in the form and content of Exhibit A hereto attached and incorporated herein by reference as a
part of this resolution for all purposes, to be published in one or more newspapers having a
general circulation in the City of Southlake, Texas.
PASSED AND ADOPTED, this December 16, 1996.
SOUTHLAKE PARKS DEVELOPMENT
CORPORATION
Vice-PresidentjBoard of Directors
ATTEST:
Secretary, Board of Directors
(District Seal)
A
EXHIBIT �_
(W NOTICE OF PUBLIC HEARING RELATING TO
SOUTHLAKE PARKS DEVELOPMENT CORPORATION PROJECTS
NOTICE IS HEREBY GIVEN that the Board of Directors of the Southlake Parks
Development Corporation will conduct a public hearing during a meeting scheduled to begin at
6: 00 p.m. o'clock on February 18, 1997 in the Council Chambers of City Hall, 667 North
Carroll Avenue, Southlake, Texas on projects to be undertaken by the Corporation for the
purchase of land and making improvements thereto for neighborhood parks and making
additional improvements to existing park land, including related road and streets improvements
that enhance such park facilities, and paying maintenance and operating costs of said municipal
park facilities.
Pamela A. Muller
Secretary, Board of Directors
Southlake Parks Development Corporation
(W -
N