HomeMy WebLinkAboutRes 03-50A Authorizing a Loan to Westlake Academy and Authorizing Expenditures Paid by the Town on Behalf of the AcademyTOWN OF WESTLAKE
RESOLUTION NO. 03-50 14
A RESOLUTION OF THE BOARD OF ALDERMEN OF THE TOWN OF
WESTLAKE, TEXAS, AUTHORIZING A SHORT-TERM LOAN TO THE
WESTLAKE ACADEMY AND AUTHORIZING THE TOWN MANAGER TO
APPROVE EXPENDITURES PAID BY THE TOWN ON BEHALF OF THE
ACADEMY.
BE IT RESOLVED BY THE BOARD OF ALDERMEN OF THE TOWN OF
WESTLAKE, TEXAS:
SECTION 1: That the Board of Aldermen of the Town of Westlake does hereby
authorize the Town Manager to approve expenditures paid by the Town on behalf of the
Academy using a short-term loan from the Town to the Academy.
SECTION 2: These funds are for the payment of items and services (excluding
approved grant expenditures) to be reimbursed following the first monthly state payment
of attendance related funds in September.
SECTION 3: That this Resolution shall become effective upon the date of its
passage.
PASSED AND APPROVED ON THIS 25TH DAY OF AUGUST 2043.
ATTEST: Scott Bradley, Mayor
Ging rosswy, Town cretary
APPROVED AS TO FORM:
L.
Trent O. Pe own Manager