Ord 37-2006 5/2/2006 ORDINANCE NO. 37-2006
ORDINANCE APPROPRIATING $728,261.00 IN FEDERAL FUNDS AND
$267,628.00 IN STATE FUNDS FOR THE FISCAL YEAR 2005/2006
SECTION 5307 TRANSIT GRANT AND AUTHORIZING THE CITY
MANAGER TO EXECUTE ALL NECESSARY FUNDING AGREEMENTS
RELATED HERETO; FINDING AND DETERMINING THAT THE
MEETING AT WHICH THIS ORDINANCE WAS PASSED WAS OPEN
TO THE PUBLIC AS REQUIRED BY LAW.
WHEREAS, the 2005/2006 budget for the Transit System includes
$1,025,889.00 of federal and state funding for operations of the Transit System; and
WHEREAS, it is desirable to budget these grant funds for the operation of the
Transit System; and
WHEREAS, the resulting local subsidy required to operate the Transit System
for the 2005/2006 fiscal is anticipated to be $333,634.00.
NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY
OF WICHITA FALLS, TEXAS, THAT:
SECTION 1. The 2005/2006 Transit budget hereby includes $728,261.00 in
federal funds and $267,628.00 in state funds.
SECTION 2. The City Manager is authorized to enter into all necessary federal
and state funding agreements required to operate the Wichita Falls Transit System.
SECTION 3. 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 2nd day of May 2006.
MAYOR
ATTEST:
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City Clerk