Ord 015-2005 3/1/2005ORDINANCE N0.
ORDINANCE OF THE CITY COUNCIL OF THE CITY OF WICHITA
FALLS, TEXAS, MAKING AN APPROPRIATION IN THE GENERAL
FUND IN THE AMOUNT OF $28,000 TO REIMBURSE THE KICKAPOO
AIRPORT FUND FOR PROCEEDS FROM THE SALE OF PROPERTY;
FINDING AND DETERMINING THAT THE MEETING AT WHICH THIS
ORDINANCE WAS PASSED WAS OPEN TO THE PUBLIC AS
REQUIRED BY LAW.
WHEREAS, the City sold a parcel of land at 4304 Alpine as part of an economic
development incentive project with EMD Engineering, and
WHEREAS, the proceeds from the sale of that parcel of land in the amount of
$28,000 were deposited in the City's General Fund; and
WHEREAS, since the land was originally purchased with FAA Entitlement Grant
Funds as part of the original land purchase for Kickapoo Airpark, these proceeds
should have been maintained In the Kickapoo Airport Fund for future airport related
Projects,
NOW THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE Cl TY
OF WICHITA FALLS, TEXAS, THAT
SECTION 1 . There is hereby appropriated $28,000 in General Fund Reserves to
reimburse the KIckapoc Airport Fund for this accounting error.
SECTION 2 . It is hereby officially found and determined that the meeting at
which this ordinance was passed was open to the public as required by law.
PASSED AND APPROVED this the tat day of March, 2005.
�f � M A Y O R FS - T, ag rit/
MAYOR PRO TE
ATTEST
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Qty Clerk
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