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Res 055-2022 4B Budget Amendment Livestock Panels for MPEC 04/19/2022 Resolution No. 55-2022 Resolution approving the programs and expenditures of the Wichita Falls Type B Sales Tax Corporation Board of Directors and amending the budget to include funding up to $150,000 to the City of Wichita Falls to purchase livestock panels for use at the J.S. Bridwell Ag Center 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 April 7, 2022, the Wichita Falls Type B Sales Tax Corporation 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 Type B Sales Tax Corporation's approval and funding of the following programs and expenditures, in a total amount not to exceed $150,000 as described below and in said corporation's agenda, is approved: An amount up to $150,000 to the City of Wichita Falls to purchase livestock panels for use at the J.S. Bridwell Ag Center. 2. The current fiscal year budget of the Type B Sales Tax Corporation is amended to provide for the aforementioned expenditures and changes thereto. PASSED AND APPROVED this the 19th day of April, 2022. 14)4— MAYOR ATTEST: City Clerk