1994-055-RES WHEREAS, the City Council of the City of Paris did Resolution No. 94-011 authorize an application to be

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RESOLUTION NO. 94-055 WHEREAS, the City Council of the City of Paris did heretofore in Resolution No. 94-011 authorize an application to be made to the Texas Department of Transportation for the installation of lighted guidance signs on Runway 17/35 at Cox Field Airport, grant; and, WHEREAS, the Texas Department of Transportation has issued its Grant Offer TxDOT Project Number 94-43-103 at the Paris Cox Field Airport in the total amount of $67,545.00 requiring matching contribution of $7,505.00, to be funded by Certificates of Obligation, Series 1993; and, WHEREAS, acceptance of the same must occur within thirty (30) days of the date of receipt of said offer which occurred on May 16, 1994; and, WHEREAS, it is deemed to be in the best interest of the citizens of Paris that the City of Paris accept said Grant offer and continue to improve Cox Field Airport with the installation of lighted guidance signs on Runway 17/35 in the City of Paris; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PARIS, that the Grant Offer for TxDOT Project Number 94-43-103 for the installation of lighted guidance signs on Runway 17/35, Cox Field Airport in the amount of $67,545.00, requiring matching contribution of $7,505.00, be, and the same is hereby, accepted; and, BE IT FURTHER RESOLVED, that the City Manager of the City of Paris, Michael E. Malone, be, and he is hereby, authorized and directed to execute on behalf of the City of Paris the Grant Agreement between the Texas Department of Transportation and the City of Paris, in the form of Exhibit A attached hereto. BE IT FURTHER RESOLVED, that the $7,505.00 matching funds is authorized to be funded by Certificates of Obligation, Series 1993. PASSED AND ADOPTED this 23rd day of May, 1994. ATTEST: Mattie Cunningham, City Clerk APPROVED AS TO FORM: ) /