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Council OKs amendments to Development Corporation bylaws and approves related performance agreement
Summary
The council approved amendments to the Development Corporation of Snyder Inc. bylaws — updating legal citations, changing the annual report timing to November, and raising an expenditure threshold from $10,000 to $50,000 — and later approved a performance agreement between the Development Corporation and Project Draft Group after executive session.
Snyder — The Snyder City Council voted unanimously to amend the bylaws of the Development Corporation of Snyder Inc. and, following an executive session on economic development, approved a related performance agreement with Project Draft Group.
Presenter (S2) explained the bylaw changes as largely legal and operational updates: replacing outdated statutory citations, aligning the annual report deadline with the corporation’s November open house…
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