Res 095-2019 4A WFEDC 2019-20 Budget 10/1/2019
Resolution No. 95-2019
Resolution approving the programs and expenditures of the Wichita
Falls Economic Development Corporation Budget for Fiscal Year
2019-2020
WHEREAS, Texas Local The corporation's
authorizing unit will approve all programs and expenditures of a corporation and annually
; and,
WHEREAS, on September 20, 2018, the Wichita Falls Economic Development
8-19 Budget; and,
WHEREAS, the City Council finds the expenditures designated below for
create primary jobs
501.002, and the expenditures designated below
Wichita Falls for the purpose of developing new and expanded business enterprises; and,
WHEREAS, this resolution finds that the funds budgeted for the:
Chamber Personnel expenditures in the Economic Development Services
Contract with the Chamber of Commerce and Industry are $152,536
administration and $0 promotional;
Economic Development Marketing expenditures in the Economic Development
Services Contract with the Chamber of Commerce and Industry are $92,500
administration and $0 promotional;
Choose Wichita Falls Campaign expenditures are $0 administration and
$5,000 promotional.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY
OF WICHITA FALLS, TEXAS, THAT:
The programs and expenditures described in the attached Fiscal Year 2019-20
4A WFEDC Budget of the Wichita Falls Economic Development Corporation (WFEDC)
are hereby approved.
PASSED AND APPROVED this the 1st day of October, 2019.
______________________________
M A Y O R
ATTEST:
____________________
City Clerk