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
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