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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 />J 0045-09-079 <br />Project Number Me 45-9-79 <br /> <br />D. The State will not pay interest on any funds provided by the Local Government. <br />E. The State will not execute the contract for the construction of the Project until the required <br />funding has been made available by the Local Government in accordance with this <br />Agreement. <br /> <br />11. Notices <br /> <br />All notices to either party by the other required under this agreement shall be delivered <br />personally or sent by certified or U.S. mail, postage prepaid or sent by electronic mail, <br />(electronic notice being permitted to the extent permitted by law but only after a separate written <br />consent of the parties), addressed to such party at the following addresses: <br /> <br />State: District Engineer <br />Texas Department Of Transportation <br />1365 North Main Street <br />Paris, Texas 75460-2697 <br /> <br />Local Government: City of Paris <br />P.O. Box 9037 <br />Paris, Texas 75461-9037 <br />Attention: City of Paris <br /> <br />All notices shall be deemed given on the date so delivered or so deposited in the mail, unless <br />otherwise provided herein. Either party may change the above address by sending written notice of <br />the change to the other party. Either party may request in writing that such notices shall delivered <br />personally or by certified U.S. mail and such request shall be honored and carried out by the other <br />party. <br /> <br />Article 12. Sole Agreement <br /> <br />In the event the terms of the agreement are in conflict with the provisions of any other existing <br />agreements between the Local Government and the State, the latest agreement shall take <br />precedence over the other agreements in matters related to the Project. <br /> <br />Article 13. Successors and Assigns <br /> <br />The State and the Local Government each binds itself, its successors, executors, assigns, and <br />administrators to the other party to this agreement and to the successors, executors, assigns, and <br />administrators of such other party in respect to all covenants of this agreement. <br /> <br />Article 14. Amendments <br />By mutual written consent of the parties, this contract may be amended prior to its expiration. <br /> <br />Article 15. Signatory Warranty <br />The signatories to this agreement warrant that each has the authority to enter into this agreement on <br />behalf of the party they represent. <br /> <br />Revised 4/9/01 <br /> <br />Page 4 of 5 <br />
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