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Res 102-96 7/16/1996RESOLUTION NO. 1 aA-G t0 RESOLUTION AUTHORIZING COMPLETION OF THE ARCHITECTURAL SERVICES FOR THE LIBRARY PROJECT AND COMMITTING UP TO TWO MILLION DOLLARS IN CITY FUNDS FOR THE PROJECT WHEREAS, the Kemp Public Library has served the city well for a considerable number of years, and WHEREAS, the City Council has determined that an improved library facility is needed for the community, and WHEREAS, the architects estimate that to renovate the existing Activities Center as the main public library will cost 3 , 791, 493 , and WHEREAS, the City Council has determined that up to two million dollars in City Reserve Funds can be utilized for the library construction project, and WHEREAS, the remaining project costs will need to be raised from private sources, grants, or another City financing mechanism, and WHEREAS, Council desires to continue with the project design while efforts are made to decide on the method of financing the remaining project costs. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WICHITA FALLS, TEXAS, THAT: Authorization is hereby granted to complete the architectural services for the library renovation project and a commitment is made to obligate up to two million dollars in City Reserve Funds for this project. PASSED AND APPROVED this the 16th day of July, 1996. AYOR ATTEST: ev41,1, L City Clerk