Wichita Falls 4B Board Approves Funding for Downtown Business

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The Wichita Falls 4B Sales Tax Corporation is using the city’s sale tax dollars to invest in downtown.

During the board’s meeting on Friday, the members decided to fund the fire supression system of a new business hoping to go in along Ohio Avenue.

The 4B Board President said a team of local investors are hoping to open a bar and restaurant at this location and funding fire supression systems for downtown buildings is something the board has been investing in lately.

“It not only helps protect the patrons who are there, but it lets us put an investment into a building that if for some reason that establishment doesn’t work,” 4B Board President, Tony Fidelie, said.” The equipment is still there for the next one to move in. It’s an investment in the property and we don’t have to worry about it leaving.”

The system at this location will cost $30,000. 

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