Res 107-2022 WFEDC Budget Amendment Regional Aiport Hangar Modifications 09/06/2022 Resolution No. 107-2022
Resolution approving the programs and expenditures of the Wichita
Falls Economic Development Corporation (WFEDC) and amending
the budget to include up to $118,220 to the City of Wichita Falls to
facilitate hangar modifications at Wichita Falls Regional Airport
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 August 18, 2022, 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:
Regional Airport Hangar #2 Project:
A total of up to $118,220 to the City of Wichita Falls to facilitate hangar
modifications at Wichita Falls Regional Airport
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 6th day of September, 2022.
MAYOR
ATTEST:
ity Clerk