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<br />RESOLUTION NO.
<br />
<br />95-115
<br />
<br />WHEREAS, The City Council of the City of Paris did heretofore, in Resolution
<br />94-011, on February 14, 1994, authorize a grant application to be made to the Texas
<br />Department of Transportation for the installation of lighted guidance signs on Runway
<br />17/35 at Cox Field Airport; and,
<br />
<br />WHEREAS, the City Council of the City of Paris did heretofore, in Resolution
<br />No. 94-055, on May 23, 1994, accept the Grant Offer for TXDOT Project Number 94-43-
<br />103, authorize the execution of the Grant Agreement between the Texas Department of
<br />Transportation and the City of Paris for an estimated total cost of $67,545.04, requiring
<br />matching contribution of $7,505.00, and authorize the matching funds to be funded by
<br />Certificates of Obligation, Series 1993; and,
<br />
<br />WHEREAS, due to an increase in construction costs, it is in the mutual interest
<br />of the City of Paris and the Texas Department of Transportation to amend the airport
<br />project participation agreement at this time to increase the total estimated project cost to
<br />$92,136.00, which increases the Texas Department of Transportation's share of eligible
<br />project cost by $15,377.40, for a total amount of $82,922.40, and the City of Paris' share
<br />by $1,708.60, for a total amount of $9,213.60; and,
<br />
<br />WHEREAS, the form of Amendment No. 01 to the Grant Agreement attached
<br />hereto as Exhibit A, should, in all things, be approved, and the City Manager, Michael E.
<br />Malone, should be authorized to execute the same; NOW, THEREFORE,
<br />
<br />BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PARIS, that
<br />Amendment No. 01 to the Grant Agreement between the Texas Department of
<br />Transforation and the City of Paris to increase the total estimated project cost to
<br />$92,136.00, which increases the Texas Department of Transportation's share of eligible
<br />project cost by $15,377.40, for a total amount of $82,922.40, and the City of Paris' share
<br />by $1,708.60, for a total amount of $9,213.60, be, and the same is hereby, approved in
<br />the form of Exhibit A, attached hereto; and,
<br />
<br />BE IT FURTHER RESOLVED, that the City Manager of the City of Paris,
<br />Michael E. Malone, be, and he is hereby, authorized and directed to execute on behalf of
<br />the City of Paris Amendment No. 01 to the Grant Agreement between the Texas
<br />Department of Transportation and the City of Paris for the installation of lighted guidance
<br />signs on Runway 17/35 at Cox Field Airport.
<br />
<br />PASSED AND ADOPTED this 9th day of October, 1995.
<br />
<br />0:Z~
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<br />
<br />Eric S. Clifford, Mayor
<br />
<br />ATTEST:
<br />
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