Res 038-2025 Sale of 1.31 Acres of Property from WF Business Park to Syntrio 04/01/2025 Resolution No. 38-2025
Resolution approving the programs and expenditures of the Wichita
Falls Economic Development Corporation (4A) and approving the sale
of approximately 1.31 acres of Corporation-owned property in the
Wichita Falls Business Park to Syntrio Solutions, LLC
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 March 20, 2025, the Wichita Falls Economic Development
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 Economic Development Corporation's approval of the sale of
real property for a total amount not to exceed $35,000, as described below and in said
corporation's agenda is approved:
The sale of approximately 1.31 acres of Corporation-owned property
in the Wichita Falls Business Park to Syntrio Solutions, LLC.
2. The current fiscal year budget of the Wichita Falls Economic Development
Corporation is amended to provide for the aforementioned revenues and changes thereto.
PASSED AND APPROVED this the 1st day of April 2025.
MAYOR
ATTEST:
1,(a7titci z(f ti
` City Clerk