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06-08-12-Ordinance-Authorizing Type A Industrial Development Corporation-06/04/2012ORDINANCE #06-08-12 AN ORDINANCE OF THE CITY OF SANGER, TEXAS, AUTHORIZING THE TYPE A SANGER, TEXAS INDUSTRIAL DEVELOPMENT CORPORATION TO UNDERTAKE ANY PROJECTS THAT THE TYPE B SANGER, TEXAS DEVELOPMENT CORPORATION MAY UNDERTAKE UNDER CHAPTER 505 OF THE TEXAS LOCAL GOVERNMENT CODE; AND PROVIDING AN EFFECTIVE DATE. WHEREAS, the City of Sanger, Texas, has heretofore authorized and created a Type A economic development corporation under the authority of the predecessor statute of Chapter 504 of the Texas Local Government Code; and WHEREAS, the City of Sanger, Texas, has also authorized and created a Type B economic development corporation under the authority of the predecessor statute of Chapter 505 of the Texas Local Government Code; and WHEREAS, the City of Sanger, Texas has a population of seven thousand five hundred or less; NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF SANGER, DENTON COUNTY, TEXAS: SECTION 1. That the Type A Corporation, the Sanger, Texas Industrial Development Corporation, is hereby authorized to undertake any project that the Type B Corporation, the Sanger, Texas Development .Corporation, may undertake under Chapter 505 of the Texas Local Govei7unent Code, as amended. SECTION 2. This ordinance shall take effect immediately from and after its passage, as the law and Charter in such cases provide. DULY PASSED by the City Council of the City of Sanger, Texas, on the �-� day of 2012. APPROVED: THOMAS MUIR, MAYOR 55530 ATTEST: TAMI TABER, CITY SECRETARY CITY ATTORNEY (RLD/4-3-12/ 55530 drn-�b�b�n tTj 0 �z mx�c-ncz o m�oboor�na 0 0 0z yoa����"moo dxrnZrxn~� �Tl t=� cl oaro��dmz c d ar r1C �ti70y�� Oatrl'br� :n C O Z Z O� zN'�,r~.3do�m mo rn Z o C�"a�Zd ���amadz Com���rno tn7�C7rn�mnZ 0= - R • • i ��bdya Prnocoz �C) a� m� �y�aoo �zfc>�d�yrxrl �O �aaz�� HMO= a3p�M0 cn mrn �C z zrndadrn ct> �nrn y� � oxr� a ,L v N tot N