Res 019-2015 2/17/2015Resolution No. 19-2015
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 $158,125 for engineering study and
preparation of Corp of Engineers 404 Permit Application for Lake
Wichita
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 o f the corporation;” and,
WHEREAS, on February 2, 2015, the Wichita Falls 4B Sales Tax Corporation
(4BSTC) approved the project 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 $158,125 as
described below and in said corporation’s agenda, is approved:
a. Lake Wichita Revitalization Committee funding of up to $158,125 for
Engineering Study and Preparation of Corp of Engineers 404 Permit
Application for Lake Wichita.
2. The current fiscal year budget of the 4B Sales Tax Corporation is amended
to provide for the aforementioned expenditures and changes thereto.
PASSED AND APPROVED this the 17th day of February, 2015.
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M A Y O R
ATTEST:
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City Clerk
4B STC REVISED FY 2014 BUDGET