Loading...
Res 112-2011 12/6/2011 RESOLUTION NO. _112-2011_ Resolution Approving The Programs And Expenditures Of The Wichita Falls 4B Sales Tax Corporation Board Of Directors, Including A Trolley Bus Replacement Project In The Amount Of Up To $116,000. WHEREAS, TLG’.C §501.073(a) provides “The corporation's EXAS OCAL OVT ODE authorizing unit will approve all programs and expenditures of a corporation and annually review any financial statements of the corporation;” and WHEREAS, on or prior to this date, the Wichita Falls 4B Sales Tax Corporation approved the projects listed below as stated in its agenda. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WICHITA FALLS, TEXAS, THAT: 1. The Wichita Falls 4B Sales Tax Corporation’s approval and funding of the following programs and expenditures, as described above and in said corporation’s agenda, is approved: Trolley Bus Replacement Project , which will provide for approximately 50% of the cost of the replacement of a trolley bus, in a total amount of up $116,000. to 2. The current fiscal year budget of the Wichita Falls 4B Sales Tax Corporation is amended in accordance with the aforementioned expenditures. th PASSED AND APPROVED this the 6 day of December, 2011. ________________________ M A Y O R ATTEST: ____________________ City Clerk