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Res 052-2008 4/15/2008 RESOLUTION NO. 52 - 2008 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF WICHITA FALLS, TEXAS, APPROVING AMENDMENTS TO THE 2007-2008 BUDGET OF THE WICHITA FALLS ECONOMIC DEVELOPMENT CORPORATION FOR YTO USA, TRYER PROCESS EQUIPMENT AND THE PURCHASE OF FOUR LOW-FLOOR TRANSIT BUSES; 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 April 11; and WHEREAS, The Board considered and approved requests from YTO USA, Tryer Corporation, and a request for a local match for the purchase of four low-floor buses; and WHEREAS, The 2007-2008 Budget of the Wichita Falls Economic Development Corporation requires amendment for appropriation of the money needed to fund these agreements. 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 for the projects and amounts as followed: YTO USA - $1,209,000 Tryer Processing Equipment - $112,000 Local Match for Low-Floor Busses - $268,000 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 15 day of April, 2008. MAYOR ATTEST: ity Clerk