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2001-132-RES APPROVING/AUTHORIZING EXECUTION OF ADVANCE FUNDING AGREEMENT FOR STANDARD TRANSPORTATION IMPROVEMENT PROJECTS (ON-SYSTEM)
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2001-132-RES APPROVING/AUTHORIZING EXECUTION OF ADVANCE FUNDING AGREEMENT FOR STANDARD TRANSPORTATION IMPROVEMENT PROJECTS (ON-SYSTEM)
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Last modified
8/18/2006 4:29:16 PM
Creation date
10/30/2001 6:41:07 PM
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CITY CLERK
Doc Name
2001
Doc Type
Resolution
CITY CLERK - Date
8/20/2001
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<br />( 0045-09-079 <br />Project Number MC 45-9-79 <br />County LAMAR <br />Location BU 82 H vs BU 271 B <br /> <br />ADVANCE FUNDING AGREEMENT FOR STANDARD <br />TRANSPORTATION IMPROVEMENT PROJECTS (ON-SYSTEM) <br /> <br />THE STATE OF TEXAS <br /> <br />THE COUNTY OF TRAVIS <br /> <br />THIS AGREEMENT IS MADE BY AND BETWEEN the State of Texas, acting through the Texas <br />Department of Transportation, hereinafter called the State, and Citv of Paris, a Texas City, acting by <br />and through , hereinafter called the Local <br />Government. <br /> <br />WITNESSETH <br /> <br />WHEREAS, Transportation Code, Chapter 201 and Transportation Code, Chapter 221 authorize the <br />State to layout, construct, maintain, and operate a system of streets, roads, and highways that <br />comprise the State Highway System; and, <br /> <br />WHEREAS, Commission Minute Order Number 108266 authorizes the State to undertake and <br />complete a highway improvement generally described as uparading traffic sianal; and, <br /> <br />WHEREAS, the Local Government has requested that the State allow the Local Government to <br />participate in said improvement by funding that portion of the improvement described as black <br />powder coating of sianal poles. and luminaires and supplying black signal heads at the four <br />intersections of BU 82 Hand BU 271 B on the Paris sauare, hereinafter called the "Project"; and, <br /> <br />WHEREAS, the State has determined that such participation is in the best interest of the citizens of <br />the State; <br /> <br />NOW, THEREFORE, in consideration of the premises and of the mutual covenants and agreements <br />of the parties hereto, to be by them respectively kept and performed as hereinafter set forth, the <br />State and the Local Government do agree as follows: <br /> <br />AGREEMENT <br /> <br />Article 1. Time Period Covered <br /> <br />This agreement becomes effective when signed by the last party whose signing makes the <br />agreement fully executed, and the State and the Local Government will consider it to be in full force <br />and effect until the Project described herein has been completed and accepted by all parties or <br />unless terminated, as hereinafter provided. <br /> <br />Article 2. Project Funding and Work Responsibilities <br /> <br />The State will authorize the performance of only those Project items of work which the Local <br />Government has requested and has agreed to pay for as described in Payment Provision and Work <br />Responsibilities, Attachment A, which is attached to and made a part of this contract. <br /> <br />EXl;1~t=JJt 5 A <br /> <br />Revised 4/9/01 <br />
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