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Res 071-2025 4B Budget Amendment Falls Study $129,508 07/01/2025 Resolution No. 71-2025 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 $129,508 to the City of Wichita Falls to study and provide options to improve the waterfalls adjacent to 1-44 and the Wichita River in Wichita Falls, otherwise known as The 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 June 5, 2025, 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 $129,508 as described below and in said corporation's agenda, is approved: $129,508 to the City of Wichita Falls to study and provide options to improve the waterfalls adjacent to 1-44 and the Wichita River in Wichita Falls, otherwise known as The Falls 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 1st day of July, 2025. MAYOR ATTEST: /C —�" City Clerk U