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Res 41-2026 Funding a New Day Empowerment Center @ 511 Mississippi Ave 04/07/2026 Resolution No. 41-2026 Resolution authorizing a performance agreement and appropriating Tax Increment Financing (TIF) Reinvestment Zone #3 funds to a New Day Empowerment Center (dba House of Empowerment) at 511 Mississippi Ave., for a three (3) year forgivable loan up to $200,000 to support the expansion of community outreach services with facility improvements upgrading to a commercial kitchen and food preparation area WHEREAS, the City Council created the Tax Increment Financing Reinvestment Zone #3 (TIF #3) for the purpose of encouraging economic development and increasing the tax base in Council District 2; and, WHEREAS, the City Council wishes to pursue the development of public-private partnerships that further enhance development opportunities; and, WHEREAS, on February 17, 2026, the Board of Directors of the TIF #3 recommended an expenditure supporting the renovation and expansion of a commercial kitchen and food preparation area. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WICHITA FALLS, TEXAS, THAT: 1 . TIF #3 funds for a three (3) year forgivable loan in the amount up to $200,000 are hereby appropriated to New Day Empowerment Center, DBA House of Empowerment, for the purpose of supporting community outreach missions through the `Restoration' class program serving marginalized persons within TIF #3 Zone, Council District #2 and Wichita Falls by expanding existing facilities to establish a commercial kitchen and food preparation area. 2. TIF #3 public-private partnership provision that New Day Empowerment Center, DBA House of Empowerment, shall contribute the initial project funding in the amount of $75,000 within 12-months of this resolution authorization in order to be eligible to receive TIF #3 reimbursement funding assistance. 3. The TIF #3 Chair is authorized to enter into a performance agreement for the TIF #3 funds. PASSED AND APPROVED this the 7th day of April, 2026. MAYOR ATTEST: /ram Deputy City Clerk