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Res 013-2011 2/15/2011 RESOLUTION NO. 13-2011 Resolution Approving The Programs And Expenditures Of The Wichita Falls 4B Sales Tax Corporation Board Of Directors, Including The MPEC Capital Improvements Project In The Amount Of $200,000 And The Outdoor Warning Sirens Project In The Amount Of $140,000 WHEREAS TEXAS LOCAL GOV 'T. Co�E §501.073(a) provides "The corporation's authorizing unit will approve all programs and expenditures of a corporation and annually review any financial statements of the corporation;" and WHEREAS, on or prior to this date, the Wichita Falls 4B Sales Tax Corporation approved the projects listed below 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, as described above and in said corporation's agenda, is approved: MPEC Capital Improvements Project, which will provide for improvements to the Multi-Purpose Events Center, in an amount of $200,000. Outdoor Warning Siren Project, which will provide for improvements to sirens to warn of impending weather events that may endanger participants in outdoor sporting events, in an amount of �140,000. 2. The current fiscal year budget of the Wichita Falls 4B Sales Tax Corporation is amended in accordance with the aforementioned expenditures. PASSED AND APPROVED this the 15 day of February, 2011. �� MAYOR ATTEST: � � ity Clerk