Res 096-2021 WFEDC Strategic Plan Update Broad Ripple Strategies 08/17/2021 Resolution No. 96-2021
Resolution approving the programs and expenditures of the Wichita
Falls Economic Development Corporation (WFEDC) and amending
the budget to include up to $106,500 for Broad Ripple Strategies
related to updating the WFEDC Strategic Plan
WHEREAS, Texas Local Gov't. Code §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 July 15, 2021 , the WFEDC 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 Economic Development Corporation's approval and funding
of the following programs and expenditures as described below and in said corporation's
agenda, are approved:
WFEDC Strategic Plan:
• A total of up to $106,500 for Broad Ripple Strategies related to
updating the WFEDC Strategic Plan.
2. The current fiscal year budget of the WFEDC is amended to provide for the
aforementioned expenditures and changes thereto.
PASSED AND APPROVED this the 17th day of August, 2021.
MAYOR
ATTEST:
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City Clerk