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HomeMy WebLinkAbout(0067) Resolution - DFW Budget FY2020.FINALA Resolution NO. APPROVING THE FISCAL YEAR 2020 BUDGET FOR DALLAS/FORT WORTH INTERNATIONAL AIRPORT WHEREAS, the Dallas/Fort Worth International Airport ("the Airport") serves the aviation needs of the cities of Dallas and Fort Worth and the north Texas region; and WHEREAS, the Contract and Agreement ("Contract and Agreement") between the cities of Dallas and Fort Worth, dated April 15, 1968, as amended, establishes the Dallas/Fort Worth International Airport Board ("the Board") as the operating Board of Directors for the Airport; and WHEREAS, the Contract and Agreement requires that the cities of Dallas and Fort Worth each approve the Airport's annual budget; and WHEREAS, the Board presented the Fiscal Year 2020 Operating Budget to the City of Fort Worth for its approval and WHEREAS, the Board has recommended that the City of Fort Worth approve the Airport's Operating Budget for the fiscal year commencing October 1, 2019. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF FORT WORTH, TEXAS: Section 1. The Operating Budget for the Airport for the fiscal year beginning October 1, 2019 and ending September 30, 2020, as presented by the Board to the Fort Worth City Council on August 27, 2019, is hereby approved. Section 2. This resolution shall take effect immediately upon its passage. Adopted this day of ATTEST: Mary Kayser, City Secretary 2019.