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0M WHEREAS, it was deemed by the Commissioners Court of Lamar County, Texas, to be in the best interests of the County of Lamar and its citizens, and in the interest of promoting economic development while at the same time benefitting affected residences in the immediate area, that said right -of -way request by the City and the Paris Economic Development Corporation be honored in ` order that Hearne Street may be extended West from 1st Street S.W. to 4th Street S.W., thereby providing additional access for industrial truck traffic and alleviating similar traffic through residential areas and at the same time thereby promoting improved traffic circulation in and adjacent to the Lamar County Jail; and, WHEREAS, as a consequence of said conclusion, the Commissioners Court of Lamar County, Texas, at an official meeting convened on December 27, 1999, did at that time consider and adopt a resolution authorizing the transfer of the aforesaid right -of -way to the City of Paris, conditioned upon compliance with state law requiring the preparation of an appraisal in payment of fair market value by or on behalf of the City of Paris to Lamar County, in full conformance with the requirements of Section 272.001 (b) (5) of the Local Government Code; and, WHEREAS, the City Council of the City of Paris is prepared to accept said conveyance by and on behalf of the Paris Economic Development Corporation and Lamar County, and to authorize the City Manager to proceed in undertaking the necessary action to cause the completion of said Hearne Street Extension, NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PARIS, PARIS, TEXAS: Section 1. That the findings set out in the preamble of this resolution are hereby in all things approved. Section 2. That the City Council does hereby authorize and accept the conveyance by Right - of -Way Deed of that property immediately south of the County Jail as described in said deed as a necessary acquisition incident to the extension of Hearne Street. Section 3. That the City Manager is hereby authorized to expend city funds pursuant to a certified appraisal prepared in conformance with Section 272.001 (b) (5) of the Local Government Code to Lamar County as full and complete payment for the fair market value of the right -of -way so acquired, such funds to be contributed by the Paris Economic Development Corporation in conformance with Resolution No. 99 -007 adopted by the Economic Development Corporation Board on September 13, 1999, and as thereafter amended by subsequent Resolution adopted November 29, 1999. Section 4. That the City Manager is hereby authorized to undertake any and all other actions necessary to initiate the construction of the Hearne Street Extension as described herein. Section 5. That this resolution shall be effective from and after its date of passage.