Res 147-2024 Approval of 4B Budget Amendment for Funding Demolition of Structure on 100 Central Fwy 11/05/2024 Resolution No. 147-2024
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 to the City of Wichita Falls for the
demolition of the existing structures on the 12.7± acre tract of land
otherwise known as 100 Central East Freeway
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 4, 2024, 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 $381,000 as
described below and in said corporation's agenda, is approved:
An amount up to$381,000 to the City of Wichita Falls for the demolition
of the existing structures on the 12.7± acre tract of land otherwise
known as 100 Central East Freeway
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 November, 2024.
MAYOR
ATTEST: �!
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City Clerk