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Res 109-2001 9/18/2001RESOLUTION NO. I M - JDQj RESOLUTION APPROVING THE FY 2001 -02 BUDGET FOR THE WICHITA FALLS ECONOMIC DEVELOPMENT CORPORATION (4A SALES TAX); DETERMINING THAT THE MEETING AT WHICH THIS RESOLUTION WAS PASSED WAS OPEN TO THE PUBLIC AS REQUIRED BY LAW. WHEREAS, the Board of Directors for the Wichita Falls Economic Development Corporation met on September 17, 2001 and approved a proposed budget for FY 2001 -02; and WHEREAS, the By -laws of the Corporation stipulate that the City Council shall approve the Corporation's budget. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WICHITA FALLS, TEXAS, THAT: SECTION 1. The proposed budget of the Wichita Falls Economic Development Corporation for Fiscal Year 2001 -02 is hereby approved. SECTION 2. It is hereby officially found and determined that the meeting at which this resolution was passed was open to the public as required by law PASSED AND APPROVED this the 18th day of September, 2001. A OR ATTEST: AU 0 City Clerk