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RESOLUTION 2014 -154R <br />A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN <br />MARCOS, TEXAS, APPROVING AN AIRPORT PROJECT <br />PARTICIPATION AGREEMENT (TXDOT CSJ 1414SMRCO) BETWEEN <br />THE CITY AND THE STATE OF TEXAS ACTING THROUGH THE <br />TEXAS DEPARTMENT OF TRANSPORTATION FOR THE RUNWAY <br />13 -31 RECONSTRUCTION PROJECT AT THE SAN MARCOS <br />REGIONAL AIRPORT; AUTHORIZING THE CITY'S EXPENDITURE <br />OF APPROXIMATELY $697,050.00 IN LOCAL PARTICIPATION IN <br />THE PROJECT'S CONSTRUCTION COSTS; AUTHORIZING THE CITY <br />MANAGER OR HIS DESIGNEE TO EXECUTE THE AGREEMENT ON <br />BEHALF OF THE CITY; AND DECLARING AN EFFECTIVE DATE. <br />RECITALS: <br />1. On September 20, 2011 the City of San Marcos (the "City ") passed a resolution <br />approving an Airport Project Participation Agreement TxDOT CSJ 1214 SMRCO for the design <br />of an overlay and reconstruction for Runway 13 -31 (the "Project ") at the San Marcos Regional <br />Airport. This resolution authorized the City's expenditure of $38,000.00 in design costs and the <br />eventual expenditure of $394,000.00 in construction costs. <br />2. The original Agreement TxDOT CSJ 1214SMRCO has been amended four <br />different times to increase the cost of design and construction costs. <br />3. TxDOT is moving forward with the construction of the Project and it is necessary <br />that the City approve Airport Project Participation Agreement TxDOT CSJ 1414SMRCO for the <br />City's local participation of $697,050.00 in construction costs. <br />4. Because TxDOT has since bid the Project and is expected to begin construction in <br />the near future, the City has remitted $697,050.00 in local participation costs to TxDOT. <br />BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SAN MARCOS, <br />TEXAS: <br />PART 1. The attached Airport Project Participation Agreement between the City <br />and the State of Texas acting through the Texas Department of Transportation, TxDOT CSJ No. <br />1414SMRCO for construction of the Project is approved. <br />PART 2. The City's expenditure of approximately $697,050.00 in local <br />participation funding towards the construction of the Project is approved. <br />PART 3. The City Manager or his designee is authorized to execute Airport Project <br />Participation Agreement TxDOT CSJ 1414SMRCO on behalf of the City. <br />1 <br />