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Ord 08-2016 3/1/2016Ordinance No. _08-2016_ Ordinance making an Appropriation from Wichita Falls Regional Airport Equity Funds in the amount of $77,000 for the purpose of purchasing ground handling equipment and restaurant furniture for the FY 2016 Budget Year WHEREAS, the Council desires to use reserve funds in the Wichita Falls Regional Airport Equity Fund to purchase ground handling equipment and restaurant furniture for Wichita Falls Regional Airport; and, WHEREAS, the ground handling equipment and restaurant furniture were not included in the FY 2016 Budget; and, WHEREAS, this purchase is estimated to cost no more than $77,000.00; and, WHEREAS, Wichita Falls Regional Airport will require $77,000 in equity funds to complete the purchase of ground handling equipment and restaurant furniture. NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF WICHITA FALLS, TEXAS, THAT: An appropriation in the amount of $77,000 from the Wichita Falls Regional Airport Equity Fund is hereby approved for the purchase of grou nd handling equipment and restaurant furniture for Wichita Falls Regional Airport. PASSED AND APPROVED this the 1st day of March, 2016. ______________________________ M A Y O R ATTEST: ____________________ City Clerk