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Res 130-87 8/4/1987RESOLUTION NO. &--0 RESOLUTION AUTHORIZING THE CITY MANAGER TO EXECUTE A LETTER OF INTENT GRANTING AMERICAN SIGN AND INDICATOR CORPORATION THE EXCLUSIVE RIGHT TO SEEK SPONSORS TO PURCHASE AN ELECTRONIC MESSAGE CENTER SYSTEM AT THE ACTIVITIES CENTER WHEREAS, the City Council desires to have an electronic message center system at the Activities Center; and WHEREAS, American Sign and Indicator has agreed to seek sponsors for an electronic message center system at the Activities Center; and WHEREAS, the City of Wichita Falls shall retain the right to approve or reject any sponsor. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WICHITA FALLS, TEXAS, THAT: The City Manager is hereby authorized to execute a letter of intent granting American Sign and Indicator Corporation the exclusive right for a ninety-day period to seek appropriate sponsors to purchase an electronic message center system for the Activities Center. PASSED AND APPROVED this the j day of ,, IL„ ,„1 , 1987. JIIFd a i YIR ATTEST: A-6/1& f City Clerk