Res 102-2010 9/21/2010 �.�^
RESOLUTION NO. 102-2010
Resolution Authorizing Submission To The U.S. Department Of
Housing And Urban Development (HUD) Of A Conflict Of Interest
Exception Request For Linda Ammons, An Elected Official Of The
City Of Wichita Falls.
WHEREAS, the City of Wichita Falls must make full public disclosure of any
conflict of interest that exists for employees, agents, elected officials, or officers that
may potentially gain a financial interest or benefit from programs funded by the U.S.
Department of Housing and Urban Development;
WHEREAS, Councilor Ammons, acting in her dual capacity as realtor and
elected official, has the potential of exercising decision-making responsibilities involving
City programs and of participating in real estate transactions involving federally-funded
assistance to a home buyer; and
WHEREAS, federal regulations at 24 CFR 92.356 specify actions to take related
to circumstances involving a potential of conflict of interest that may exist.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY
OF WICHITA FALLS, TEXAS, THAT:
A Conflict of Interest Exception request for Councilor Linda Ammons shall be
submitted to the HUD Ft. Worth Regional Office for review and consideration.
PASSED AND APPROVED this the 21 day of September, 2010.
�
MAYOR
ATTEST:
ity Clerk
� j�
4A Corporation Financial Report PROPOSED
8/31/2610
FY08 FY09 FY09 FY10 FY10 �f �,
Actual Budast Actual � Actual Buda�
Revenue
Sales Taxes $ 3.558,983 $ 3,551,795 $ 3,408,651 S 3,000,000 $ 2.498,045 $ 3,214,125
Other Rents (ATCO Lease) $ 108,258 $ 106,800 $ 106,800 y 106,800 $ 97,900 S 1�.8d0
Reimbursements $ 27,615 $ 3,067 s 27,615 $ - $ 28,977
Interest $ 644.490 S 700,000 $ 183,132 S 91.200 $ 33,941 S 37,500
Sale of Property $ 127.092
Total Revenues $ 4.438.823 S 4.386.210 $ 3.701.650 S 3.225.815 $ 2.629.886 S 3.387.402
Com leted Pro ects
Phase 1 Business Park (10l12/04. $ 33.500
ATCO Structures (12/19/O5, 12/20I05) $ 349.500
Texas Transland $ 76.000
Vernon College Machining School $ 130,105 $ 42,406
Business Park Utilities $ 283,240 '
Transit Buses $ 267.629
Community Wide Marketing $ 50,000 $ 50,000
Pratt Whitney Canada $ 450,000 $ 369,791
Old Dominion $ 47,904 $ 75,000 $ 128.953
On-Goin Pro rams
Insurance $ 1,210 y 1,210 a 1,210 $ - S 1.210
Ad Valorem Tax $ 28,030 S 27,615 $ 27.579 $ 27,079 $ - S 28,977
Professional Fees $ 17.508 $ 30.00U $ 7.560 S 60,000 $ 49,337 $ 80,000
CCI-Contract $ 155,524 3 183,980 $ 165,354 S 288,084 $ 258,342 $ 285,8H8
Regional Marketing Taskforce $ 103.812 S 101,802 $ 103.912 a 101,802 $ 101,804 � 118,000
Regional Workforce Development $ 43.667 S 75,000 $ 56,25Q E 113,1H3 $ 113,164 s 109,672
SMAC $ 50.000 $ 10d,000 $ 100.000 $ 100,U00 $ 100.000 S 1d0,000
Downtown Wichita Falis Promotion � 120,OW $ 120,000 ; -
Business Park Maintenance $ 86,740 S 88,544 $ 91,9'19 $ 100.982 $ - S 98,580
WaterlSewer Sanitation $ 41.628 $ 31,064 S 10,500 $ 5,861 $ 10,000
Electricity $ 499 $ 464 $ 500 $ 289 $ 500
City Administrative Expense $ ,000 $ - S �,�
Business Plan Contest (Lalani) � � $ ,000 $ 14,682 $ 18,500
Open Projects
Affiliated Energy Products $ 38,250 • $ 5,000
Machining Solutions $ 48,000
NEW Customer Service $ 148,000
Tryer $ 112,000 $ 112,000 $ 56.000
Community Wide Promotional $ 2,418 S 250,0� $ 37,184 $ 250,OdQ
Carter Copter Construction $ 500,000 $ 468,750
Carter Copter Aircraft Devt Incentive $ 3,500,000
Natura World Inc S 9,300,000 $ 6,434,482
Sharp Iron S 600,000
WDSGlobal Call Center � 3,675,000 $ 847,734
SAFB Intervention Project (PUC) $ 30,000 $ 8,952
Wichita Clutch S 440,000
HeaRh Care Equipment Speciatty. Inc S 521,434 S 141,765
Latex Foam International $ 1,709,050
MagicAire S 1,150,000 $ 1,000,000
Excalibur Paint and Coatings S 1,500,000
Total Expenditures S 1.487.117 S 1.1B3.150 $ 1.708.299 S 24.233.764 $ 9.808.346 S 1.111.707
Revenues Less Expenses S 2.951 J06 � 3.223.059 $ 1.993.351 S(21.008.1491 S (7.178.460) S 2.275.B95
Beginning Cash Balance $ 19,106.467 S 22,058,173 �$ 22.058.173 S 24,051,524 �$ 24,051,524 S 16,873,Q84
Ending Cash Balance $ 22.058.173 S 25.281.232 S 24.051.524 S 3.043.375 S 16.873.064 S 19.148.759
Reserved For Encumbrances $ 2.985,317 $ 2,985,317 �$ 874.316 $ 8T4,316 �$ 15,233.955 $ 15,233,955
Unreserved Fund Balance S 19.072.856 S 22.295.915 $ 23.177.208 � 2.169.U59 $ 1.639.109 8 3.914.804