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RESOLUTION NO. 2020-171R <br />A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN <br />MARCOS, TEXAS APPROVING AN ADVANCE FUNDING AGREEMENT <br />WITH THE STATE OF TEXAS, ACTING THROUGH THE TEXAS <br />DEPARTMENT OF TRANSPORTATION (CSJ NO. 0016-09-040, 0366-01- <br />079), FOR THE GUADALUPE STREET (LOOP 82) IMPROVEMENTS <br />PROJECT FROM UNIVERSITY DRIVE TO GROVE STREET, <br />INCLUDING BIKE LANES, PARKING, BIKE SIGNALS AND SIGNS, <br />WITH AN ESTIMATED COST OF PARTICIPATION BY THE CITY IN <br />THE AMOUNT OF $36,954.00; AUTHORIZING THE CITY MANAGER, <br />OR HIS DESIGNEE, TO EXECUTE SAID AGREEMENT ON BEHALF OF <br />THE CITY; AND DECLARING AN EFFECTIVE DATE. <br />BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SAN MARCOS, <br />TEXAS: <br />PART 1. The attached Advance Funding Agreement with the State of Texas, acting <br />through the Texas Department of Transportation (CSJ No. 0016-09-040, 0366-01-079) (the <br />"Agreement") is approved. <br />PART 2. The City Manager, or his designee, is authorized to execute the Agreement <br />on behalf of the City. <br />PART 3. This resolution shall be in full force and effect immediately from and after <br />its passage. <br />ADOPTED on August 18, 2020. <br />)ane Hughson <br />Mayor <br />Attest: <br />amm ,Zcook <br />Interim City Clerk <br />