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Res 051-90 3/6/1990RESOLUTION NO. 7? RESOLUTION APPROVING AN AGREEMENT BETWEEN THE TEXAS WATER DEVELOPMENT BOARD AND THE CITY OF WICHITA FALLS, TEXAS FOR FUNDING A FEASIBILITY STUDY FOR A FLOOD PROTECTION PLAN FOR THE MAIN BRANCH OF PLUM CREEK. WHEREAS, the United States Corp of Engineers have completed a reconnaissance study for the main branch of Plum Creek indicating a positive benefit to cost ratio for a proposed flood control project; and, WHEREAS, the City of Wichita Falls and the Corp of Engineers have committed funds to pay for the feasibility study; and, WHEREAS, the City has agreed to commit funds or in-kind service in the amount of $200, 000. 00 to pay for the local share of this feasibility study; and, WHEREAS, the Texas Water De'velopment Board approved the application for financial assistance in the amount of $100, 000.00 for the conduct of the study. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WICHITA FALLS, TEXAS, THAT: The contract between the Texas Water Development Board and the City of Wichita Falls, Texas for financial assistance in meeting the local responsibility of $200, 000. 00 is approved with the maximum aid from the Texas Water Development Board set at 100, 000. 00. PASSED AND APPROVED THIS THE 6th day of March, 1990. w. M A YO R ATT ST: 11 c l[ itLlL:L CITY C ERK