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I_ -2a25--_420 <br />►, <br />OF PARIS, TEXAS AND FIKES WHOLESALE, <br />IMPROVEMENTS A PORTION OF 7th STREET SOUTHWEST IN THE <br />CITY; MAKING OTHER FINDINGS AND D TO THE <br />SUBJECT; AND PROVIDING AN EFFECTIVE DATE. <br />WHEREAS, Fikes Wholesale, LLC (Fikes) is the owner and operator of a CEFCO gas <br />station and convenience store located at 2900 S. Church Street which caters to both general <br />automotive and heavy truck traffic; and <br />said with the property is bound on one side by Th St. Southwest, a ci <br />causedstreet that is regularly used by heavy truck traffic to access the station; and, I <br />WHEREAS, over time, heavy truck traffic has <br />the Repair Area, shown in the map attached to the Cost Sharing Agreement <br />attached hereto as Exhibit A; and, <br />i es and the City have determined that it is totheir mutual benefit for <br />the City to repair the Repair area via a full -depth replacementwith concrete overlay to better <br />accommodate the heavy truck traffic and to make the street safer and more accommodating <br />to general automotive traffic; and <br />WHEREAS, Fikes and the City of Paris have agreed to a cost -share arrangement for <br />the funding oft e repair oft at portion of Th St. SW whereby each party is responsible for <br />fifty percent (50®/x) of the Total Cost of the project. <br />NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF <br />PARIS, <br />Section . That the findings set out int e preamble tot is resolution are hereby in <br />all things a proved and are incorporated herein for all purposes. <br />Section 2. The City Council of the City of Paris hereby approves the Cost Sharing <br />Agreement attached hereto as Exhibit A and incorporated herein by referenced between the <br />City and Fikes Wholesale, LLC forte funding of the repair of that portion of Th St. S <br />hereby each party is responsible for fifty percent (50%) of the Total Cost of the project. <br />Section . That this resolutions all be effective from and after its date of passage. <br />Ift , k/ <br />Mihir Panl aj, Mayor <br />