4B Sales Tax Corporation Notice - 10/08/2026 NOTICE OF MEETING
MEETING: Wichita Falls Type B Sales Tax Corporation Board of Directors
DATE: October 8, 2026
TIME: 2:00 p.m.
LOCATION: City Council Chambers; Memorial Auditorium, 1300 7th Street; Wichita Falls,
Texas
1. Call to Order
2. Report of financial condition (current, past& planned budget& expenditures); and other
administrative actions, including, if necessary, induction of any new board members.
3. Consent Agenda
a) Approval of Minutes of September 3, 2026
4. Public hearing regarding a funding request from the City of Wichita Falls to support
Sheppard Air Force Base's (SAFB) military mission and aviation safety through the
Runway Overrun 33L South Repair Project. Requested amount: $750,000.
5. Executive Sessions
a) Executive Session in accordance with TEXAS GOVERNMENT CODE §551.087,to discuss
or deliberate the offer of a financial or other incentive, including modification to an
existing agreement, for a business prospect that the corporation seeks to have, locate,
stay, or expand in or near the territory of the City of Wichita Falls and with which the
corporation is conducting economic development negotiations for creation and
retention of primary jobs as defined by TEX. LOCAL Gov'T. CODE §501.002 (SAFB
Runway Project).
b) In accordance with Texas Government Code §551.071, consultation with attorney on
matters involving pending or contemplated litigation or other matters in which the duty
of the attorney to the governmental body under the Texas Disciplinary Rules of
Professional Conduct of the State Bar of Texas clearly conflicts with the Texas Open
Meetings Act(401 Broad).
6. Consideration of a funding request from the City of Wichita Falls to support Sheppard Air
Force Base's (SAFB) military mission and aviation safety through the Runway Overrun
33L South Repair Project. Requested amount: $750,000.
7. Adjourn
In accordance with the Americans with Disabilities Act, this facility is wheelchair accessible,
and accessible parking spaces are available.If you require special accommodations to attend
or participate in this meeting,please contact the City Clerk's Office at(940)761-7409 at least
48 hours prior to the meeting.
Certification
I certify that the above notice of meeting was posted on the bulletin board at the Wichita Falls
Public Library, Wichita Falls, Texas, on the 2nd day of October, 2026, at 10:00 o'clock a.m.
—, B
City lerk
Findings:
The Board of Directors finds the items approved pursuant to this agenda are in full compliance
with the Bylaws and Articles of Incorporation of the Wichita Falls 4B Sales Tax Corporation and
the Texas Development Corporation Act of 1979 and are for:
1. projects that are land, buildings, equipment, facilities, and improvements and:
(A) are required or suitable for use for professional and amateur (including children's)
sports, athletic, entertainment, tourist, convention, and public park purposes and
events, including stadiums, ball parks, auditoriums, amphitheaters, concert halls,
parks and park facilities, open space improvements, museums, exhibition facilities,
and related store, restaurant, concession, and automobile parking facilities, related
area transportation facilities, and related roads, streets, and water and sewer
facilities, and other related improvements that enhance any of those items;
or
(B) promote or develop new or expanded business enterprises that create or retain
primary jobs, including a project to provide public safety facilities, streets and
roads, drainage and related improvements, demolition of existing structures,
general municipally owned improvements, as well as any improvements or
facilities that are related to any of those projects and any other project that the board
in its discretion determines promotes or develops new or expanded business
enterprises that create or retain primary jobs;
or
2. promotional expenditures that advertise and publicize the City of Wichita Falls for the
purpose of developing new and expanded business enterprises;
or
3. the development, improvement, expansion, or maintenance of facilities relating to the
operation of commuter rail, light rail, or motor buses;
or
4. the development or expansion of"affordable housing" as described by 42 U.S.C. § 12745.
Allocations and Authorizations:
With respect to the Project(s) funded herein, the Board of Directors:
1. allocates the funds authorized on the preceding page, subject to the expiration of 60 days
after the posting of this notice, which shall constitute "publication" for purposes of the
notice provisions of the Texas Development Corporation Act of 1979,
2. amends the budget of this corporation to provide for the allocated expenditure from the
current budget fiscal year (or different budget fiscal year as specified in the action),
3. authorizes the President of this corporation to execute all documents necessary to expend
the funds allocated pursuant hereto and otherwise effectuate all approved actions,in a form
to be approved by the City Attorney of the City of Wichita Falls, and
4. appoints the City of Wichita Falls as agent for the Wichita Falls 4B Sales Tax Corporation,
and authorizes the City Manager and Chief Financial Officer of the City of Wichita Falls
to expend the funds allocated herein.