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RESOLUTION NO. 2000 -003 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PARIS, PARIS, TEXAS, AUTHORIZING THE ACCEPTANCE OF AN EIGHTY - FOOT RIGHT -OF -WAY AND IMMEDIATELY ADJACENT RIGHT -OF- WAY PROPERTY FROM LAMAR COUNTY TO THE CITY OF PARIS IN ORDER TO ACCOMMODATE THE EXTENSION OF HEARNE STREET; MAKING OTHER FINDINGS AND PROVISIONS RELATED TO THE SUBJECT; AND DECLARING AN EFFECTIVE DATE. WHEREAS, the City Council of the City of Paris has heretofore by prior Resolution No. 90 -020, requested the transfer of right -of -way across the south end of property purchased by Lamar County from Foy Crockett, et ux, described in deed recorded in Volume 126, Page 188, Real Property Records, Lamar County, Texas, in order to accommodate the extension of Hearne Street for the purpose of providing adequate turning space for large trucks as part of the economic development effort to support the expansion of industries located in the immediate vicinity thereof, and to minimize the impact on adjacent residential properties; and, WHEREAS, the Pace Group, in a Business Retention Survey and Flexible Incentive Plan for the City of Paris, dated May 12, 1994, advised the Paris Economic Development Corporation of the inadequacy of access roads to Delta Logistics and Rodgers -Wade Manufacturing to properly service the expanding business demands of these vital industries; and, WHEREAS, the current route used to access Delta Logistics, Rodgers -Wade Manufacturing, and warehouses in the vicinity thereof is through residential areas on streets which do not provide adequate turning space for large trucks, and significant amounts of traffic by large vehicles through residential areas causes deterioration to the street; and, WHEREAS, the Paris Economic Development Corporation deemed it appropriate and in the interest of retaining the aforesaid important businesses and enlarging the operation of those businesses at the current locations that the Paris Economic Development Corporation participate in the extension of Hearne Street from 1st Street S.W. to 4th Street S.W., through the project entitled "PEDC Hearne Street Extension, 1999," at a cost not to exceed $265,000.00, in order to provide an adequate route for large vehicles traveling to Rodgers -Wade and the warehouses in the vicinity thereof and to alleviate the road deterioration caused by large vehicles traveling through residential areas; and, WHEREAS, the Paris Economic Development Corporation did, based on these considerations, pass Resolution No. 99 -007 on September 13, 1999, as thereafter amended by subsequent resolution adopted on November 29, 1999, the purpose of said resolutions addressing the extension of Hearne Street from l st Street S.W. to 4th Street S.W., thereby authorizing the "PEDC Hearne Street Extension, 1999" to be funded at a cost not to exceed $265,000.00 by the Paris Economic Development Corporation and requesting the City of Paris to perform the construction of the aforesaid Hearne Street extension; and,