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Res 151-2023 Circle Trail from Camp Fire to Lucy Park 12/05/2023 Resolution No. 151-2023 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 $760,688 to the City of Wichita Falls for the required 20% local match plus related ancillary costs to support a TxDOT grant to construct the section of the Circle Trail along the Wichita River between Camp Fire and Lucy Park 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 2, 2023, 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 $760,688 as described below and in said corporation's agenda, is approved: $760,688 to the City of Wichita Falls for the required 20% local match plus related ancillary costs to support a TxDOT grant to construct the section of the Circle Trail along the Wichita River between Camp Fire and Lucy Park 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 5th day of December, 2023. 2A/ -- --'MAYOR ATTEST: _ a City Clerk