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<br />TEXAS DEPARTMENT OF TRANSPORTATION <br /> <br />GRANT AGREEMENT <br /> <br />(State Assisted Airport Development) <br /> <br />TxDOT Project No.: 94-43-103 <br />Part I - Identification of the Project <br /> <br />TO: The City of Paris, Texas <br /> <br />FROM: The State of Texas, acting through the Texas Department of Transportation <br /> <br />This Agreement is made and entered into by and between the TEXAS DEPARTMENT <br />OF TRANSPORTATION , (herei nafter referred to as the IIDepartment "), for and on <br />behalf of the State of Texas, and the SPONSOR, (hereinafter referred to as the <br />"Sponsor"). <br /> <br />WITNESSETH: <br /> <br />WHEREAS, the Sponsor desires to sponsor a project for the development of <br />a public aviation facility, known or to be designated as the AIRPORT under Texas <br />Aeronautics Act, Tex. Rev. Civ. Stat. Ann. art. 46c-l et seq., and the Municipal <br />Airports Act, Tex. Rev. Civ. Stat. Ann. art. 46d-l et seq.; and <br /> <br />WHEREAS, the project is described as follows: installation of lighted <br />guidance signs for the runway and taxiway intersections at the Paris-Cox Field <br />Airport; and <br /> <br />WHEREAS, the Sponsor applies for state financial assistance for the project <br />described above; and <br /> <br />WHEREAS, the parties, by this Agreement, do hereby fix their respective <br />responsibilities with reference to each other and with reference to the <br />accomplishment of said project. <br /> <br />NOW, THEREFORE, for and in consideration of the benefits which will accrue <br />to the parties by virtue of the completion of the project, IT IS MUTUALLY <br />COVENANTED AND AGREED as follows: <br /> <br />Page 1 of 9 <br /> <br />EXHIBIT A <br />