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2000-001 SPDCRESOLUTION NO. ~.~ ~' ~)~(~1 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 matter; 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 the held on ?h day of March, 2000, during a meeting of the Board of Directors to be held at 5:00 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 January 18, 2000. SOUTHLAKE PARKS DEVELOPMENT CORPORATION / Pre~sident, Board of Director~ ATTEST: Secretary, Board of Directors/ : (Corporation Seal) 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 5:00 o'clock P.M. on March 7, 2000 at the City Hall, 667 N. Carroll Avenue, Southlake, Texas, on projects to be undertaken involving the purchase of land and making improvements thereto for neighborhood parks and making additional improvements to existing park land, including related road and street improvements that enhance such park facilities, and on paying maintenance and operating costs of such projects. Secretary, Board of D~ectors ~j Southlake Parks Development Corporation