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R-852-5-88RESOLUTION NO. 852-5-88 (R) A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ALLEN, COLLIN COUNTY, TEXAS, AUTHORIZING THE MAYOR TO EXECUTE AN AGREEMENT WITH THE NORTH TEXAS COMMIS- SION FOR ECONOMIC DEVELOPMENT SERVICES FOR A PERIOD OF ONE YEAR FROM THE 15TH DAY OF MAY, 1988. WHEREAS, the Comprehensive Plan of the City of Allen calls for the City to "Develop an economy that will generate jobs, provide shopping and service opportunities and a strong financial base for Allen"; and WHEREAS, the City Council has made a commitment to the Allen Economic Development Alliance to engage in economic development program- ming that promotes business activity, diversifies and expands the tax base and enhances the overall quality of life of the community; and WHEREAS, the North Texas Commission is a regional, independent and non-profit economic development consortium made up of municipalities, chambers of commerce and corporations established for the purpose of developing and administering economic development programs for the North Texas Region; and WHEREAS, the success of the North Texas Commission's programs will directly or indirectly improve the economy and the quality of life in Allen; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF ALLEN, COLLIN COUNTY, TEXAS, THAT the City Council of the City of Allen authorizes the Mayor to execute an agreement with the North Texas Commission for economic development services for a period of one year from the 15th day of May, 1988. DULY PASSED AND APPROVED BY THE CITY COUNCIL OF THE CITY OF ALLEN, COLLIN COUNTY, TEXAS ON THIS THE 5TH DAY OF MAY, 1988. "PROVED: 45�W 7z&�� J96 Farmer, MAYOR ATTEST: Marty Hendrix, , CITY SECRETARY