HomeMy WebLinkAbout7529RESOLUTION NO. 7529
A RESOLUTION AUTHORIZING THE EXPENDITURE OF $65,000 FROM THE
1992 SALES AND USE TAB CAPITAL IMPROVEMENT PROJECT FUND TO LAN
TECHNOLOGIES, INC.
WHEREAS, Lan Technologies, Inc. is in the process of locating
their business activities within the Pueblo Memorial Airport
Industrial Park; and
WHEREAS, Lan Technologies, Inc. through the Pueblo Economic
Development Corporation has made application for funds from the
1992 Sales and Use Capital Improvement Project Fund; and
WHEREAS, the City Council is willing to approve such
application for funds;
NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF PUEBLO,
COLORADO, THAT:
SECTION 1
SECTION 2
SECTION 3
The City Council does hereby find and determine
that the application for funds from Lan
Technologies, Inc. meets and complies with the
criteria and standards established by Ordinance No.
5742 and will create employment opportunities
justifying the expenditure of public funds.
Funds in an amount not to exceed $65,000 are hereby
authorized to be expended and made available to Lan
Technologies, Inc. out of the 1992 Sales and Use
Tax Capital Improvement Fund.
This Resolution shall become effective upon final
passage.
INTRODUCED
December 12
BY: JOHN CALIFANO
, 1994
Councilperson
ATTEST:
City Clerk
APPROVED:
i ent of the Council