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Res 123-2004 9/7/2004RESOLUTION NO. 123 -2004 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF WICHITA FALLS, TEXAS, APPROVING THE FISCAL YEAR 2004 -2005 BUDGET FOR THE WICHITA FALLS ECONOMIC DEVELOPMENT CORPORATION; 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 met on August 30 to consider a budget for the 2004 -2005 fiscal year; and WHEREAS, the By -laws of the Corporation stipulate that the City Council shall approve the Corporation's budget. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WICHITA FALLS, TEXAS, THAT SE CTION 1 . The proposed budget of the Wichita Falls Economic Corporation for Fiscal Year 2004 -2005 is hereby approved. SE CTION 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 7" day of September, 2004. • ATTEST: City Clerk