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Res 012-2002 2/5/2002RESOLUTION NO. I Q,-D,6CD, RESOLUTION APPROVING AMENDMENTS TO THE FY 2001 -02 BUDGET FOR THE WICHITA FALLS (413) SALES TAX CORPORATION; FINDING AND 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 4B Sales Tax Corporation met on January 29, 2002 to consider the City's request for project approval and funding for four separate projects: (1) Additional Architectural Fees for the Public Safety Training Center; (2) Consulting Fees for the Public Safety Communication Systems; (3) Parks Trail Construction to complete a segment from Hamilton Park to Jaycee Park; and (4) Excavation and Dredging of Sikes Lake in Wood Park; and WHEREAS, the 4B Board has approved amending the Corporation's budget for FY 2001 -02 to include an appropriation of $60,000 for training center architect fees, $431,000 for the communication systems consulting fees, $285,000 for the trail project, and $90,000 for the excavation and dredging work. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WICHITA FALLS, TEXAS, THAT: SECTION 1. The FY 2001 -02 budget for the Wichita Falls 4B Sales Tax Corporation is hereby amended to include an appropriation of $60,000 for additional architectural fees for the Public Safety Training Center Project, $431,000 for consulting fees for the Public Safety Communication Systems, $285,000 for trail construction to complete a segment from Hamilton Park to Jaycee Park and $90,000 for excavation and dredging of Sikes Lake in Wood Park. 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 5th day of February 2002. MAYOR ATTEST:. City Clerk Agenda Item Attachment 4B Sales Tax Budget Amendments Revenue Sales Taxes Interest Total Revenues Expenditures Library Additional Arch Fees Public Safety Train Ctr Public Safety Communications Consulting Additional Sikes Lake Dredging Work Parks Trail Completion (Hamilton to Jaycee) Total Expenditures Revenues Less Expenses Beginning Cash Balance Ending Cash Balance Reserved For Encumbrances Unreserved Fund Balance Original Amended FY02 FY02 Budget Budget 2,695,000 2,695,000 174,670 174,670 2,869,670 2,869,670 342,969 342,969 60,000 431,000 90,000 285,000 342,969 1,208,969 2,526,701 1,660,701 5,096,465 5,096,465 7,623,166 6,757,166 2,301,285 2,301,285 5,321,881 4,455,881