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Res 148-2023 Performance Agreement with Sendaroo, LLC 12/05/2023 Resolution No. 148-2023 Resolution approving the programs and expenditures of the Wichita Falls Economic Development Corporation (WFEDC/4A) by amending the budget to include an expenditure up to $20,625 to support a performance agreement with Senderoo, LLC to assist in building improvements at 4385 Seymour Highway in Wichita Falls 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 November 16, 2023, 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: Senderoo Project: • A total up to $20,625 to support a performance agreement with Senderoo, LLC to assist in building improvements at 4385 Seymour Highway in Wichita Falls 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 5th day of December, 2023. = MAYOR ATTEST: ,B City Clerk