Res 123-2013 11/19/2013RESOLUTION NO. 123-2013
Resolution Approving The Programs And Expenditures Of The
Wichita Falls 4B Sales Tax Corporation Board Of Directors To
Include Funding Up To $715,000 For Various Projects Related To The
Multi-Purpose Events Center (MPEC)
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 or prior to this date, the Wichita Falls 4B Sales Tax Corporation
4BSTC) approved the projects listed below 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 4B Sales Tax Corporation’s approval and funding of the
following programs and expenditures, in a total amount not to exceed $715,000, and as
further described above and in said corporation’s agenda, is approved:
Multi-Purpose Events Center (MPEC) Event Reporting-Tracking
Software 36-Months of Service Project, which will provide for 36-months of
service of event reporting-tracking software for MPEC in an amount of up to
34,550.
Multi-Purpose Events Center (MPEC) Convention Incentives Funding
Project, which will provide for incentives to persuade conventions to come to
MPEC in an amount of up to $35,000.
Multi-Purpose Events Center (MPEC) Indoor Artificial Turf System
Project, which will provide for indoor sports turf for MPEC in an amount of up
to $95,000.
Multi-Purpose Events Center (MPEC) Video Scoreboard Project, which
will provide for a video scoreboard system for sports and exhibition events at
MPEC in an amount of up to $750,000.
2. The current fiscal year budget of the Wichita Falls 4B Sales Tax Corporation is
amended in accordance with the aforementioned expenditures.
3. The City Manager is authorized to execute all documents necessary to
effectuate the transfer and management of any funds described herein.
PASSED AND APPROVED this the 19th day of November, 2013.
M A Y O R
ATTEST:
City Clerk