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<br /> <br /> <br /> <br /> <br /> <br /> WHEREAS, TXDOT has made additional funding available to SURRMA in the form of a <br /> twenty (20) year State Infrastructure Bank loan so that SURRMA can cover its local participation <br /> costs in the State Highway 24 widening project (right-of-way acquisition costs and utility <br /> relocation costs); and <br /> <br /> WHEREAS, SURRMA has requested the City of Paris, Texas, Lamar County, Texas, the <br /> Paris Economic Development Corporation, the City of Cooper, Texas and Delta County, Texas to <br /> join SURRMA in providing a portion of the funding needed for the State Highway 24 Upgrading <br /> and Widening Project; and <br /> <br /> WHEREAS, Chapter 791 of the Government Code, entitled "The Interlocal Cooperation <br /> Act," authorizes local governments, including municipalities, to contract with other governmental <br /> entities to cooperate in the performance of governmental functions common to all governmental <br /> entities; and, <br /> <br /> WHEREAS, SURRMA desires to enter into an Interlocal Cooperative Agreement with <br /> the City of Paris, Texas, Lamar County, Texas, the City of Cooper, Texas, Delta County, Texas <br /> and the Paris Economic Development Corporation to set out the terms and provisions for local <br /> participation funding of the State Highway 24 Widening Project from Cooper to the Delta/Hunt <br /> County line; and <br /> <br /> WHEREAS, the City Council of the City of Paris, Texas, has determined that it is in the <br /> best interests of the City of Paris and its citizens to enter into an Interlocal Cooperative Agreement <br /> with the above referenced parties in a forn substantially similar to the Interlocal Cooperative <br /> Agreement attached hereto and incorporated herein as Exhibit "A." <br /> <br /> NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE <br /> CITY OF PARIS, TEXAS, THAT: <br /> <br /> Section 1. The findings set out in the preamble to this resolution are hereby in all things <br /> approved. <br /> <br /> Section 2. That the Mayor of the City of Paris, Texas, be, and he is hereby authorized and <br /> directed to execute on behalf of the City of Paris an Interlocal Cooperative Agreement with the <br /> parties referenced above in a form substantially similar to the Agreement attached hereto and <br /> incorporated herein as Exhibit "A." <br /> <br /> Section 3. This resolution shall be effective from and after the date of passage. <br /> <br /> PASSED AND APPROVED this 27th day of February, 2012. <br /> <br /> <br /> <br /> <br /> A.J. Hashmi, M.D., Mayor <br /> <br /> <br /> <br /> <br /> <br /> 250 <br />