Res 003-2018 1/2/2018
Resolution No. _03-2018__
Resolution approving the programs and expenditures of the Wichita
Falls 4B Sales Tax Corporation Board of Directors and amending the
budget to include funding up to $122,805 to ARP Brown Building, LLC
for a renovation project at 901 Ninth Street
WHEREAS, Texas Local Gov’t. Code § 501.073(a) provides “The corporation's
authorizing unit will approve all programs and expenditures of a corporati on and annually
review any financial statements of the corporation;” and,
WHEREAS, on December 7, 2017, the Wichita Falls 4B Sales Tax Corporation
(4BSTC) approved the project listed below and as stated in its agenda.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY
OF WICHITA FALLS, TEXAS, THAT:
1. The Wichita Falls 4B Sales Tax Corporation’s approval and funding of the
following programs and expenditures, in a total amount not to exceed $122,805 as
described below and in said corporation’s agenda, is approved:
To ARP Brown Building, LLC for a renovation project at 901 Ninth Street
for a fire suppression and alarm system as part of a residential
development.
2. The current fiscal year budget of the 4B Sales Tax Corporation is amended to
provide for the aforementioned expenditures and changes thereto.
PASSED AND APPROVED this the 2nd day of January, 2018.
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M A Y O R
ATTEST:
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City Clerk