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<br />TEXAS DEPARTMENT OF TRANSPORTA nON <br /> <br />AIRPORT PROJECT P ARTICIP A TION AGREEMENT <br /> <br />. I <br /> <br />(State Assisted Airport Development) <br /> <br />Amendment No. 01 to the Agreement <br /> <br />TxDOT Contract No.: 6XXFA032 <br />TxDOT Project No.: AP PARIS 4 <br />TxDOT CSJNo.: 9601PARIS <br /> <br />WHEREAS, the CITY OF PARIS, TEXAS, hereinafter referred to as the "Sponsor", and <br />the TEXAS DEPARTMENT OF TRANSPORT ATlON, hereinafter referred to as the "State," <br />have entered into an Airport Project Participation Agreement TxDOT CSJ Number 960 IP ARIS, <br />executed by the Sponsor on September 19, 1995 and by the State on October 12, 1995, for the <br />development of Cox Field Airport~ and <br /> <br />WHEREAS, the project is described as follows: reconstruct and overlay hangar access <br />taxiwa~ install segmented circle~ construct drainage improvements~ construct tenninal building~ install <br />erosion/sedimentation controls~ and associated appurtenances at Cox Field ~ and <br /> <br />WHEREAS, it is in the mutual interest of the Sponsor and the State to amend said Airport <br />Project Participation Agreement at this time to increase the total estimated project costs based on <br />the receipt of construction bids and increase the amount of State financial assistance~ and <br /> <br />WHEREAS, Part II - Offer of Financial Assistance, estimates total project costs to be <br />$630,000.00~ and <br /> <br />WHEREAS, financial assistance is currently limited to $200,000.00 in state funds and <br />$200,000.00 in local sponsor funds for the construction of the terminal building and $207,000.00 <br />in state funds and $23,000.00 in local sponsor funds for project items as described above other <br />than the construction of the tenninal building~ <br /> <br />NOW, THEREFORE, in consideration of the parties' mutual promises, the following <br />amendment to the Airport Project Participation Agreement shall become effective upon execution <br />of this Amendment by the Sponsor and the State. <br /> <br />, I <br /> <br />The Airport Project Participation Agreement is hereby amended to: <br /> <br />1. On page 2, Part II, paragraph 1 of the Agreement, change Amount A, estimated eligible <br />project costs, and any further references in the Agreement to Amount A, to $750,000.00. It is <br />estimated that $480,000.00 of Amount A is for the construction of the tenninal building and will be <br /> <br />Page 1 of3 <br /> <br />EXHIBIT j'i <br />