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Res 143-2022 Regional Aiport Hangar Door Modifications to Lake Road Welding 11/01/2022 Resolution No. 143-2022 Resolution approving the City Manager to execute an agreement with Lake Road Welding Co., in an amount of $98,300.00 for hangar modifications at Wichita Falls Regional Airport WHEREAS, one of the strategic goals of the City of Wichita Falls is to accelerate economic growth by aligning priorities of the Chamber of Commerce and Economic Development Boards; and, WHEREAS, one the Chamber of Commerce's goals is to attract higher paying aeronautical and aviation jobs to the Community; and, WHEREAS, on September 6, 2022, the City Council approved amendments to the 4A Economic Development Corporations budget in the amount of $118,220 for modifications to Hangar #2 located at Wichita Falls Regional Airport to attract aviation related repair and maintenance businesses; and, WHEREAS, bids were solicited for modification to the door system of Hangar #2 at Wichita Falls Regional Airport; and, WHEREAS, Lake Road Welding Co., Inc. submitted the lowest bid of $98,300.00 for modifications to the door system of Hangar #2 at Wichita Falls Regional Airport. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WICHITA FALLS, TEXAS, THAT: The City Manager is authorized to execute an agreement, in a form approved by the City Attorney, to Lake Road Welding Co., in an amount of$98,300.00 for modifications to the door system of Hangar #2 at Wichita Falls Regional Airport. PASSED AND APPROVED this the 1st day of November, 2022. `1 , W/�-- MAYO R ATTEST: ABC CityClerk