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<br />TEXAS DEPARTKENT OF TRANSPORTATION <br />GRANT AGREEKENT <br /> <br />(State Assisted Airport Development) <br /> <br />TxDOT Project No.: 94-43-103 <br />Amendment No. 01 to the Agreement <br /> <br />WHEREAS, the Ci ty of Pari s, Texas, herei nafter referred to as the <br /> <br />"Sponsor", and the TEXAS DEPARTMENT OF TRANSPORTATION, hereinafter referred <br /> <br />to as the "Department," have entered into a Grant Agreement TxDOT Project <br />Number 94-43-103, executed by the Sponsor on Hay 23, 1994 and by the <br />Department on June 20, 1994, for the development of the Paris-Cox Field <br />Airport; and <br /> <br />WHEREAS, it is in the mutual interest of the Sponsor and the Department <br />to amend said Airport Project Participation Agreement at this time to <br />increase the total estimated project costs due to an increase in <br /> <br />construction costs; and <br /> <br />WHEREAS, Part II - Offer of Financial Assistance, estimates total <br />project costs to be $75,050.00; and <br />WHEREAS, financial assistance is currently limited to $67,545.00 in <br />state funds and $7,505.00 in local sponsor funds; <br />NOW,-THEREFORE, in consideration of the parties' mutual promises,the <br />following amendment to the Airport Project Participation Agreement shall <br />become effective upon execution of this Amendment by the Sponsor and the <br />Department. <br />The Airport Project Participation Agreement is hereby amended: <br /> <br />1. On page 2, Part II, paragraph 1 of the Agreement, change Amount A, <br /> <br />estimated eligible project costs, and any further references in the <br /> <br />EXHIBIT A <br /> <br />Page 1 of 3 <br />