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Res 101-2002 9/17/2002RESOLUTION NO. I 0 l - X00 V RESOLUTION OF THE CITY COUNCIL OF THE CITY OF WICHITA FALLS, TEXAS, AUTHORIZING THE PURCHASE OF TRAFFIC FLOW ANALYSIS EQUIPMENT IN THE AMOUNT OF $24,360; FINDING AND DETERMINING THAT THE MEETING AT WHICH THIS RESOLUTION WAS PASSED WAS OPEN TO THE PUBLIC AS REQUIRED BY LAW. WHEREAS, the City of Wichita Falls desires to purchase traffic flow analysis equipment in the amount of $24,360; and WHEREAS, the Wichita Falls Metropolitan Planning Organization (MPO) has agreed to fund 50% of this cost; and WHEREAS, the City of Wichita Falls desires to utilize unexpended general fund subsidies from the Transit System to fund its 50% cost match. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WICHITA FALLS, TEXAS, THAT: SECTION 1. The City Council hereby authorizes the purchase of traffic flow analysis equipment in the amount of $24,360, recognizing that the Wichita Falls MPO will fund 50% of this amount. 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 17th day of September, 2002. ATTEST: Lyuj) City Clerk