12-Deliberate and act on a resolution approving an app for funding for sidewalk improvement through Texad Dept of Ag Texas Capital Fund Main Street Prog.

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Section 5. The City Manager be, and is hereby authorized and directed to act on the City's behalf in all matters pertaining to this application. Section 6. That the funds requested in the grant application will be used to construct sidewalk improvements, install ADA accessible ramps for sidewalks, install streetlamps and purchase trash receptacles and benches which will reduce or eliminate the blighted areas in the downtown area of the City of Paris as defined in this resolution. Section 7. That it further be stated that the City of Paris will be committing $45,000 as a cash contribution toward the engineering and construction activities of this Main Street Project. Section 8. The City Council has reviewed and hereby agrees not to participate in program income recapture and will return all program income to the State to be placed in a statewide Revolving Loan Fund to be used by the State to fund future economic development awards. By agreeing to this measure, the city understands that it will be eligible to receive as many Texas Capital Fund awards per program year as it has eligible projects. Section 9. That this resolution shall be effective immediately upon passage. PASSED AND APPROVED this 27th day of September, 2010. Will Biard, Mayor ATTEST: Janice Ellis, City Clerk APPROVED AS TO FORM: W. Kent McIlyar, City Attorney