Res 115-93 8/3/1993RESOLUTION NO. 043
RESOLUTION APPROVING THE TRANSFER OF THE CITY'S
AIRPORT AND AIRWAYS IMPROVEMENT ACT OF 1982
ENTITLEMENT FUNDS FOR FISCAL YEAR 1991 IN THE
AMOUNT OF $400, 000 TO DFW AIRPORT
WHEREAS, the City of Wichita Falls has surplus AIP entitlement
funds; and
WHEREAS, as of October 10, 1993, these funds will be lost to the
City, as well as to the State of Texas; and
WHEREAS, the City Council desires to designate recipients of
these funds;
NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
WICHITA FALLS, TEXAS, THAT:
In accordance with Section 508 (b) (2) of the Airport Improvement
Act of 1982 , the City of Wichita Falls waives the following funds
apportioned to it under Section 507 of said Act; $400, 000 from Fiscal
Year 1991. This waiver is made on the condition that the Federal
Aviation Administration makes such amounts available, $400, 000 to DFW
Airport, for eligible projects under Section 505 of the Act.
The execution of an agreement for transfer of such entitlements
for the City of Wichita Falls, by the mayor, is approved.
PASSED AND APPROVED this the third day of August, 1993 .
Age
M A Y O R
ATTEST:
C ty Clerk