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<br />RESOLUTION NO. 94-161
<br />
<br />WHEREAS, the City Council of the City of Paris, Paris, Texas, did heretofore, in
<br />Resolution No. 88-046, approve the contribution of $155,000.00 for the improvement of
<br />approximately 0.4 mile of 24th Street S.E. beginning at the Texas & Paciftc Railroad right-of-
<br />way south to F.M. 1507, in Paris, Texas; and,
<br />
<br />WHEREAS, the Texas Department of Transportation has offered, in the form of
<br />"Agreement for the Reconstruction of 24th Street S.E.", the terms under which it will undertake
<br />the 24th Street S.E. Reconstruction Project, which form attached hereto as Exhibit A should,
<br />in all things, be approved, and the City Manager, Michael E. Malone, should be authorized to
<br />execute the same; and,
<br />
<br />WHEREAS, in order to fund the construction, contingencies, and right-of-way and
<br />easement procurements, it would be appropriate for the sum of $200,000.00 to be set aside and
<br />reserved from Certiftcates of Obligation, Series 1993; NOW, THEREFORE,
<br />
<br />BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PARIS, that the
<br />form of "Agreement for Reconstruction of 24th Street S.E.", attached hereto as Exhibit A, be,
<br />and the same is hereby, approved; and,
<br />
<br />BE IT FURTHER RESOLVED, that the City Manager of the City of Paris, Michael
<br />E. Malone, be, and he is hereby, authorized and directed to execute on behalf of the City of
<br />Paris the agreement with the Texas Department of Transportation for the reconstruction of 24th
<br />Street S.E. in the form shown in Exhibit A, attached hereto; and,
<br />
<br />BE IT FURTHER RESOLVED, that the Director of Finance, Gene Anderson, be, and
<br />he is hereby, authorized and directed to set aside and reserve $200,000.00 from Certiftcates of
<br />Obligation, Series 1993, for the 0.4 mile 24th Street S.E. Reconstruction Project.
<br />
<br />PASSED AND ADOPTED this 12th day of December, 1994.
<br />
<br />D!lz"~
<br />
<br />ATTEST:
<br />
<br />~~~.~~~~j
<br />Mattie Cunningham, City Cler
<br />
<br />APPROVED AS TO FORM:
<br />
<br />J~~
<br />
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