Res 131-2025 WFEDC, 4A Mall Management Funds 10/07/2025 Resolution No. 131-2025
Resolution approving the programs and expenditures of the Wichita
Falls Economic Development Corporation (WFEDC, 4A) by authorizing
funding up to $300,000 to Forward Wichita Falls (FWF) related to the
temporary management and operations of Sikes Senter Mall, and
authorizing the WFEDC Board chair to sign all related documents
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 September 18, 2025, the Wichita Falls Economic Development
Corporation's Board of Directors approved the project.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY
OF WICHITA FALLS, TEXAS, THAT:
The project described above of the Wichita Falls Economic Development
Corporation is hereby approved.
PASSED AND APPROVED this the 7th day of October, 2025.
(,
MAYOR
ATTEST:
111/(a,AL &z_p_Atur
City Clerk