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Res 008-2009 1/20/2009 RESOLUTION NO. -a►� RESOLUTION OF THE CITY COUNCIL OF THE CITY OF WICHITA FALLS, TEXAS, AMENDING THE 2008-2009 BUDGET OF THE WICHITA FALLS ECONOMIC DEVELOPMENT CORPORATION FOR PROJECTS RELATED TO PRATT WHITNEY CANADA, COMMUNITY WIDE MARKETING AND A NEW MISSION AT SHEPPARD AIR FORCE BASE; FINDING AND DETERMINING THAT THE MEETING AT WHICH THIS RESOLUTION WAS PASSED WAS OPEN TO THE PUBLIC AS REQUIRED BY LAW. WHEREAS, The Wichita Falls Economic Development Corporation (WFEDC) met on January 9, 2009; and WHEREAS, The WFEDC is recommending the expenditure of $450,000 for Pratt Whitney Canada for a water jet stripping system and related improvements; and WHEREAS, The WFEDC is recommending the expenditure of $50,000 for a community wide marketing program; and WHEREAS, The WFEDC is recommending $450,000 for improvements to Sheppard Air Force Base for a cyber training mission. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WICHITA FALLS, TEXAS, THAT: SECTION 1. The 2008-2009 Budget of the Wichtia Falls Economic Development Corporation is hereby amended in the amount of $950,000 for these three projects. 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 20 day of January, 2009. MAYOR AT7EST: � ` _ , - �--�-- it lerk ,�