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Ord 70-2002 9/3/2002 ORDINANCE NO.-1 O-, , 0c ORDINANCE MAKING AN APPROPRIATION IN THE MUNICIPAL AND KICKAPOO AIRPORT FUNDS FOR THE CITY'S MATCHING REQUIREMENTS OF FEDERAL AVIATION ADMINISTRATION ENTITLEMENT GRANTS; FINDING AND DETERMINING THAT THE MEETING AT WHICH THIS ORDINANCE WAS PASSED WAS OPEN TO THE PUBLIC AS REQUIRED BY LAW. WHEREAS, the City has received approval of $484,583 in Federal Aviation Administration Entitlement funding for the Kickapoo Airpark to conduct a Master Plan, Rates and Charges Study, and Design Fees for Phase One of Airfield Improvements; and WHEREAS, the City is required to match these grant funds in the amount of $53,842; and WHEREAS, the 2001-02 budget included $20,000 for potential matching funds, and WHEREAS, there is a need to amend the 2001-02 budget to appropriate the additional $33,842 in local funds, and WHEREAS, it is desirable to budget available equity funds in the City's two Airport Funds in equal amounts for this purpose. NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF WICHITA FALLS, TEXAS, THAT: SECTION 1. The 2001-02 budgets of the Municipal Airport Fund and the Kickapoo Airport Fund is hereby increased by $16,921 respectively to provide sufficient budget authority for the City's matching requirements of Federal Aviation Administration Grants. SECTION 2. It is hereby officially found and determined that the meeting at which this ordinance was passed was open to the public as required by law. PASSED AND APPROVED this the 3rd day of September 2002. W rm. 4 MAYOR ATTEST: nu, tlico i u ( City Clerk