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Res 132-2004 9/21/2004RESOLUTION NO. L?)a"0 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF WICHITA FALLS, TEXAS, ACKNOWLEDGING AND EXPRESSING APPRECIATION TO SENATOR KAY BAILEY HUTCHISON AND HER STAFF FOR HER ASSISTANCE IN OBTAINING ECONOMIC DEVELOPMENT INITIATIVE FUNDS FOR THE RENOVATION OF THE HOLT HOTEL; 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 community has long desired a solution to the derelict eight story Holt Hotel; and WHEREAS, the City of Wichita Falls provided Tax Increment Financing, Community Development Block Grant funding, property assistance and staff assistance; and WHEREAS, the community provided local foundation assistance and supported the project with individual donations; and WHEREAS, U.S. Senator Kay Bailey Hutchison facilitated the award of two Economic Development Incentive grants. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WICHITA FALLS, TEXAS, THAT: SECTION 1 . That the City Council of the City of Wichita Falls, TX along with its citizens acknowledges and expresses appreciation to Senator Kay Bailey Hutchison - For her assistance and the assistance of her staff in obtaining Economic Development Initiative funds for the renovation of the Holt Hotel. 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 21st day of September, 2004. Ah CITY COUNCIL MEMBERS COUNCILOR AT LARGE C UNCILOR DISTRICT 3 ATTEST: City Clerk COUNCILOR DISTRICT 2