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1995-115-RES WHEREAS, CITY COUNCIL DID HERETOFORE IN RESOLUTION 94-011 ON FEBRUARY 14, 1995 RESOLUTION NO. 95-115 WHEREAS, The City Council of the City of Paris did heretofore, in Resolution 94-011, on February 14, 1994, authorize a grant application to be made to the Texas Department of Transportation for the installation of lighted guidance signs on Runway 17/35 at Cox Field Airport; and, WHEREAS, the City Council of the City of Paris did heretofore, in Resolution No. 94-055, on May 23, 1994, accept the Grant Offer for TXDOT Project Number 94-43- 103, authorize the execution of the Grant Agreement between the Texas Department of Transportation and the City of Paris for an estimated total cost of $67,545.04, requiring matching contribution of $7,505.00, and authorize the matching funds to be funded by Certificates of Obligation, Series 1993; and, WHEREAS, due to an increase in construction costs, it is in the mutual interest of the City of Paris and the Texas Department of Transportation to amend the airport project participation agreement at this time to increase the total estimated project cost to $92,136.00, which increases the Texas Department of Transportation's share of eligible project cost by $15,377.40, for a total amount of $82,922.40, and the City of Paris' share by $1,708.60, for a total amount of $9,213.60; and, WHEREAS, the form of Amendment No. 01 to the Grant Agreement attached hereto as Exhibit A, should, in all things, be approved, and the City Manager, Michael E. Malone, should be authorized to execute the same; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PARIS, that Amendment No. 01 to the Grant Agreement between the Texas Department of Transforation and the City of Paris to increase the total estimated project cost to $92,136.00, which increases the Texas Department of Transportation's share of eligible project cost by $15,377.40, for a total amount of $82,922.40, and the City of Paris' share by $1,708.60, for a total amount of $9,213.60, be, and the same is hereby, approved in the form of Exhibit A, attached hereto; and, BE IT FURTHER RESOLVED, that the City Manager of the City of Paris, Michael E. Malone, be, and he is hereby, authorized and directed to execute on behalf of the City of Paris Amendment No. 01 to the Grant Agreement between the Texas Department of Transportation and the City of Paris for the installation of lighted guidance signs on Runway 17/35 at Cox Field Airport. PASSED AND ADOPTED this 9th day of October, 1995. 0:Z~ ---::::. Eric S. Clifford, Mayor ATTEST: ~ TEXAS DEPARTKENT OF TRANSPORTATION GRANT AGREEKENT (State Assisted Airport Development) TxDOT Project No.: 94-43-103 Amendment No. 01 to the Agreement WHEREAS, the Ci ty of Pari s, Texas, herei nafter referred to as the "Sponsor", and the TEXAS DEPARTMENT OF TRANSPORTATION, hereinafter referred to as the "Department," have entered into a Grant Agreement TxDOT Project Number 94-43-103, executed by the Sponsor on Hay 23, 1994 and by the Department on June 20, 1994, for the development of the Paris-Cox Field Airport; and WHEREAS, it is in the mutual interest of the Sponsor and the Department to amend said Airport Project Participation Agreement at this time to increase the total estimated project costs due to an increase in construction costs; and WHEREAS, Part II - Offer of Financial Assistance, estimates total project costs to be $75,050.00; and WHEREAS, financial assistance is currently limited to $67,545.00 in state funds and $7,505.00 in local sponsor funds; NOW,-THEREFORE, in consideration of the parties' mutual promises,the following amendment to the Airport Project Participation Agreement shall become effective upon execution of this Amendment by the Sponsor and the Department. The Airport Project Participation Agreement is hereby amended: 1. On page 2, Part II, paragraph 1 of the Agreement, change Amount A, estimated eligible project costs, and any further references in the EXHIBIT A Page 1 of 3 Agreement to Amount A, to $92,136.00. 2. On page 2, Part II, paragraph 1 of the Agreement, change Amount B, Sponsor's share of eligible project costs, and any further references in the Agreement to Amount B, to $9,213.60. 3. On page 2, Part II, paragraph 1 of the Agreement, change Amount C, Department's share of eligible project costs, and any further references in the Agreement to Amount C, to $82,922.40. All other terms and conditions of the agreement are unchanged and remain in full force and effect. The above amendment to the Grant Agreement between the City of Paris, Texas and the TEXAS DEPARTMENT OF TRANSPORTATION is hereby mutually agreed to and accepted by, Executed this 9th day of Ort-nhp-r , 19 Q<; Witness: The City of Paris. Texas Sponsor SiQnature Michael E. Malone City Manager Title Signature Mattie Cunningham City Clerk Title Page 2 of 3 Attorney General's Approval This contract is approved as to form. Attorney General of Texas By: Assistant Attorney General Date: Acceptance by the State STATE OF TEXAS TEXAS DEPARTMENT OF TRANSPORTATION By: Date: Page 3 of 3