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Res 023-2008 2/19/2008 RESOLUTION NO. 23-2008 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF WICHITA FALLS, TEXAS, AMENDING THE 2007-2008 BUDGET OF THE WICHITA FALLS ECONOMIC DEVELOPMENT CORPORATION IN THE AMOUNT OF $367,000 TO EQUIP THE WICHITA FALLS BUSINESS PARK WITH ELECTRICITY, NATURAL GAS AND HIGH-SPEED INTERNET SERVICES; 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 February 11, 2008 to consider proposals for extending electricity, natural has and high-speed internet services to the Wichita Falls Business Park; and WHEREAS, The Board has recommended an amendment to the 2007-2008 Budget in the amount of $367,000 to pay for these extensions; and NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WICHITA FALLS, TEXAS, THAT: SECTION 1. The 2007-2008 Budget of the Wichita Falls Economic Development Corporation is hereby amended in the amount of $367,000 to pay for the extension of electricity, natural gas and high-speed internet services. 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 19 day of February, 2008. MAYOR ATTEST: � ' y Clerk