Ord 052-99 6/15/1999ORDINANCE NO.
ORDINANCE MAKING AN APPROPRIATION FROM THE TAX
INCREMENT FINANCING (TIF) FUND IN THE AMOUNT NOT TO
EXCEED $20,848 TO RICHMOND CONDOMINIUMS FOR EXTERIOR
IMPROVEMENTS AT 1000 TENTH STREET (FORMERLY WILLIAM &
MARY APTS.); DETERMINING THAT THE MEETING AT WHICH THIS
ORDINANCE WAS PASSED WAS OPEN TO THE PUBLIC AS
REQUIRED BY LAW.
WHEREAS, the City Council of the City of Wichita Falls finds there is a need to
support economic development in the City and adopted a Tax Increment Financing
Zone #1 in 1986; and,
WHEREAS, the proposed project is consistent with the Project Plan for the
Reinvestment Zone #1; and,
WHEREAS, the Tax Increment Financing Board of Directors voted unanimously
at a meeting held on June 3, 1999, to recommend the proposed project to the City
Council.
NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY
OF WICHITA FALLS, TEXAS, THAT:
SECTION 1. The preamble stated above is made part of this ordinance.
SECTION 2. TIF funds in an amount not to exceed $20,848 be appropriated to
Richmond Condominiums for exterior improvements at 1000 Tenth Street.
SECTION 3. This commitment shall be in force for a period of six months after
the effective date of this ordinance.
SECTION 4. The City Manager is authorized to utilize Tax Increment Financing
funding from Reinvestment Zone #1 to provide these funds.
SECTION 5. It is hereby officially found and determined that the meeting at
which this ordinance was passed was open to the public as required by law.
....i
PASSED AND APPROVED this the 15th day of June, 1999.
ATTEST:
City Clerk
kA AYO
Affidavit of Publication
THE STATE OF TEXAS
COUNTY OF WICHITA #559708
On this 28th day of June 1999
A.D............. personally appeared before me, the undersigned authority
Kathy Salan bookkeeper
for the Times Publishing Company of Wichita Falls, publishers of the Wichita Falls
Times/Record News, a newspaper published at Wichita Falls in Wichita County,
Texas, and upon being duly sworn by me, on oath states that the attached
advertisement is a true and correct copy of advertising published
in One (1) issues thereof on the following dates:
June 27, 1999
Bookkeeper for Times Pu lishing Company
of Wichita Falls
Subscribed and sworn to before me this the day and year first above written:
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