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Res 186-93 12/7/1993RESOLUTION NO. Mo ~G1 3 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF W CHITA FALLS AUTHORIZING THE FORMATION OF THE WICHITA FALLS DEVELOPMENT CORPORATION; FINDING AND DETERMININe THAT THE MEETING AT WHICH THIS RESOLUTION WAS PASSNP WAS OPEN TO THE PUBLIC AS REQUIRED BY LAW. WHEREAS, the City Council of the City of Wichita : alls finds and determines that there is a need for a non-profit c•rporation to promote the common good and general welfare of the community by improving the conditions for low and moderate incom: citizens of the City and by promoting economic development. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCI OF THE CITY OF WICHITA FALLS, TEXAS: SECTION 1. That the City hereby approves the for of Articles of Incorporation proposed to be used in organ' zing the Wichita Falls Development Corporation, and hereby grants authority for the incorporation of the corporation. SECTION 2 . It is hereby officially found and det=rmined that the meeting at which this resolution was passed w.s open to the public as required by law. PASSED AND APPROVED this the 7th day of December, 1993 . 4014111tiMME M A Y O ATTEST: nUA-(/) City Clerk