Consider approving a resolution amending the City of Lawton FY 23-24 budget, as amended, by appropriating One Million and 00/100 Dollars ($1,000,000.00) from Hotel Tax fund to FISTA for an economic development incentive to R4 Technologies, and One Million One Hundred Three Thousand Three and 75/100 Dollars ($1,103,003.75) for FISTA operations and insurance, One Million Five Hundred Twenty-Five Thousand and Three Hundred Fifty 00/100 Dollars ($1,525,350.00) to the Parks CIP Project for the purpose of Parks improvements as approved during the November 14th City Council Meeting, Seven Hundred Fifty Thousand and 00/100 Dollars ($750,000.00) for CIP ADA Sidewalk repairs, Seven Million Four Hundred Fourteen Thousand Three Hundred Twenty Nine and 94/100 Dollars ($7,414,329.94) for the purpose of Industrial Infrastructure construct to benefit WestWin Technologies, One Million 00/100 Dollars (1,000,000.00) to pay industrial development incentive from the Economic Development Project of the CIP Fund, Two Million Nine Hundred Forty Thousand and 00/1000 Dollars ($2,940,000.00) to provide funds for the acquisition and improvements in the operation of the water system that provides recreational benefit at Schoolhouse Slough, and Twenty-Seven Million Nine Hundred Seventy-Two Thousand, Six Hundred Seven and 00/100 Dollars ($27,972,607.00) to be transferred from the General Fund to the CIP Fund to start projects which were approved.

Committee

City Council

Introduced

December 20, 2023

On agenda

January 9, 2024