Res 088-2014 8/5/2014RESOLUTION NO. 88-2014
Resolution approving the programs and expenditures of the Wichita
Falls 4B Sales Tax Corporation Board of Directors and amending the
budget to include funding up to $134,351 for capital improvement
projects to the Farmer’s Market
WHEREAS, Texas Local Gov’t. Code § 501.073(a) provides “The corporation's
authorizing unit will approve all programs and expenditures of a corporation and
annually review any financial statements of the corporation;” and
WHEREAS, on July 25, 2014, the Wichita Falls 4B Sales Tax Corporation
4BSTC) approved the projects listed below and as stated in its agenda.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY
OF WICHITA FALLS, TEXAS, THAT:
1. The Wichita Falls 4B Sales Tax Corporation’s approval and funding of the
following programs and expenditures, in a total amount not to exceed $134,351 as
described below and in said corporation’s agenda, is approved:
Farmers Market Patio Roof Project, which will provide for improvements to the
roof of the patio at the Farmers Market in an amount of up to $88,661
Farmers Market Enclosure Project, which will provide for the enclosure of the
Farmers Market in an amount of up to $45,690.
2. The current fiscal year budget of the 4BSTC is amended to provide for the
aforementioned expenditures and changes thereto.
PASSED AND APPROVED this the 5th day of August, 2014.
M A Y O R
ATTEST:
City Clerk