Res 104-90 6/5/1990RESOLUTION NO. /&.1/—
RESOLUTION APPROVED TRANSFER OF CITY'S AIRPORT
AND AIRWAY IMPROVEMENT ACT OF 1982 ENTITLEMENT
FUNDS IN THE AMOUNT OF $400,000 TO OLNEY MUNICIPAL
AIRPORT.
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 and Airway Improvement
Act of 1982, the City of Wichita Falls waives the following funds apportioned to
it under Section 507 of said Act: $400,000. This waiver is made on the condition
that the Federal Aviation Administration makes such amount available to Olney
Municipal 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 5th day of June, 1990.
11°
01
MAYOR
ATTEST:
City Clerk