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RESOLUTION NO. 2010 -72R <br />• <br />A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN <br />MARCOS, TEXAS APPROVING AN ADVANCE FUNDING <br />AGREEMENT BETWEEN THE CITY AND THE STATE OF TEXAS <br />ACTING THROUGH THE TEXAS DEPARTMENT OF <br />TRANSPORTATION FOR THE CONSTRUCTION OF A BIKE AND <br />PEDESTRIAN FACILITY ON RM12 FROM CHARLES AUSTIN DRIVE <br />TO 200 FEET EAST OF THE UNION PACIFIC RAILROAD IN <br />ASSOCIATION WITH THE THORPE LANE IMPROVEMENTS <br />PROJECT; AUTHORIZING THE CITY MANAGER TO EXECUTE THIS <br />AGREEMENT ON BEHALF OF THE CITY; APPROVING THE CITY'S <br />ESTIMATED LOCAL PARTICIPATION CONTRIBUTION IN THE <br />PROJECT OF $55,000.00; 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 for a STP Metropolitan <br />Mobility Project, CSJ No. 0286 -01 -048, between the City of San Marcos and the State of Texas, <br />acting through the Texas Department of Transportation (the "Agreement ") is approved. <br />• PART 2. The City's local participation contribution as required under the <br />Agreement, estimated to be $55,000.00, is hereby approved <br />PART 3. The City Manager, Rick Menchaca, is authorized to execute the <br />Agreement on behalf of the City. <br />PART 4. This Resolution shall be in full force and effect immediately from and <br />after its passage. <br />ADOPTED this the 18th day of May, 2010. <br />AA 4 wq oA < <br />Susan Nary <br />Mayor <br />Attest: <br />Sherry Mas urn <br />• City Clerk <br />