911 RES COP PASSED RES ENTERING INTO JOINT PROJECT WITH TX STATE HIGHWAY DEPT

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. • RESOLUTTON NO, 911 WHEREAS, the City of Paris has heretofore passed a resolution. entering into a joint project with the Texas State Highway Department for the widening of U. S. Highway 271, being North Ma.in Street out to the Loop, and for widening Clarksville Street from 24th Street, S. E. to the City Limit Line, and widening Lamar Avenue from 30th Street, N. E. to the present City Limit Line; and, WHEREAS, the City of Paris has obligated itself to advance the costs of curb and gutter thereon, in the approximate sum of $41, 500. 00; an d, WHEREAS, the City of Paris intends to assess the adjoining pro- perty owners for said advanced finances; and, WHEREAS, the Texas State Highway Department is now requesti.ng deposit of the necessary $41, 500. 00 before letting the contract therefar, and the City of Paris does not have the same in the Street Assessment Fund; and, WHEREAS, the City Clerk has advised the City Council tha.t he has available in the Water Building Fund the sum of $7, 500. 00 and in the Water Contract Fund the amount of $34, 000. 00; NOW, THEREFORE= BE IT RESOLVED BY THE CTTY COUNCIL OF THE CITY OF PARTS, TEXAS, That the City Clerk, H. C. Kennemer, be, and he is hereby authorized to borrow from the Water Building Fund the sum of $7, 500. 00 and from the Water Contract Fund the sum of $34, 000. 00, and to place the same in the Street Assessment Fund, in order to make the necessary pe.yment to the Texas Sta.te Highway Department, and the City Clerk is further authoitized and directed to repe.y said loan from the street assessment payments when made and as the same are ma.de. Passed and adopted this llth day of April, A. D., 1960. . Mayor ATTEST,O i . . _ _ . ~ • _ . , ~ City Clerk APPROVED AtS D FORM: City Atto ney.