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Ord 114-88 10/18/1988 ORDINANCE NO. 114-88 ORDINANCE APPROVING AND AUTHORIZING THE CITY MANAGER TO EXECUTE AN AMENDMENT TO THE HALCYON LTD. CONTRACT FOR REINVESTMENT ZONE #1 FEASIBILITY ASSESSMENT. WHEREAS, HALCYON LTD. has suggested that the contract for feasibility assessment of the project and finance plans for Tax Increment Finance District Reinvestment Zone #1 be amended to delete Phase 4 (Economic Impact Study) and to expand Phase 5 (Implementation Strategy) to include an intensive planning exercise; and, WHEREAS, the Board of Directors for the Tax Increment Finance District Reinvestment Zone #1 has recommended that the City Council approve amendment of the contract under certain conditions. NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF WICHITA FALLS, TEXAS, THAT: Approval for amendment of the contract between HALCYON LTD. and the City of Wichita Falls for feasibility assessment of the Project and Finance Plans for Tax Increment Finance District Reinvestment Zone #1 is hereby granted. This amendment shall provide that Phase 5 be expanded to include an intensive on-site planning exercise, and that Phase 4 be retained as an optional phase to be exercised by the City of Wichita Falls within 180 days from receipt of the final report of Phase 5, and to be performed by HALCYON LTD. within 60 days of the exercise of the option. The City Manager is hereby authorized to execute a contract amendment providing for same. PASSED AND APPROVED this the 18th day of October, 1988. /1-0-44- JM A Y O /R ATTEST: City clerk �ZZ��!✓- azAtd. ed. #/-## Ad 284473 Affidavit of Publication THE STATE OF TEXAS ORDINANCE NO.114-88 COUNTY OF WICHITA ORDINANCE APPROVING AND ('t AGEROTO EX CUTE ANTAMEND- re) MENT TO THE HALCYON LTD. CONTRACT FOR REINVESTMENT On this 2nd day of November ZONE #1 FEASIBILITY ASSESSMENT ORDINANCE NO.115-88 1988 ORDINANCE MAKING AN - A.D. personally appeared before me, the undersigned authority PROPRIATION FROM SANI- a pp l i g y TATION FUND EQUITY FOR THE D a r i c e Ming PURPOSE OF A SANITATION bookkeeper COST OF SERVICE STUDY 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: November 2 , 1988 Bookkeeper for Times Publishing Company of Wichita Falls (SEAL) Subscribed and sworn to before me this the day and year first above written. • • a NORINE S. LEWIS # .k • Notary Public,State ofTexas <ry•i" My Conrnn.Eraires 5-17_92 RECEIVED IN CITY CLERK'S OFFICE Date 1113133 By � ', . Tim___ ._ L