08162005 Regular Meeting - Laserfiche WebLink

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Regular Meeting August 16, 2005 175. Page 9 Mr. Castillo stated the City Council and School Board needed to hold a Joint Meeting. Mayor Narvaiz stated a meeting could be scheduled. The Council then voted unanimously for adoption of the Resolution. Mayor Narvaiz introduced for consideration Item 16, removed from the consent agenda, adoption of a Resolution, the caption which was read as follows: A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN MARCOS, TEXAS, APPROVING AN ADVANCE FUNDING AGREEMENT BETWEEN THE CITY AND THE STATE OF TEXAS, ACTING THROUGH THE TEXAS DEPARTMENT OF TRANSPORTATION FOR THE STATE HIGHWAY 123/COUNTY ROAD 266 INTERSECTION IMPROVEMENTS PROJECT; AUTHORIZING THE CITY MANAGER TO EXECUTE THIS AGREEMENT ON BEHALF OF THE CITY; AND DECLARING AN EFFECTIVE DATE. Mr. Guerrero moved for adoption of the Resolution, and Mr. Taylor seconded the motion. Mr. O'Leary stated this is an Advanced Funding Agreement for the City to participate with TxDOT. He stated TxDOT is prohibited from contracting directly with private development or the school district. He stated funding for the construction project will come through three sources, the developer of Cottonwood Creek subdivision, the City and SMCISD/Hays County. He stated the funding source for the City's participations come from reimbursement that the County paid the City for the construction of Clovis Barker Road. The City portion of the project is $300,000.00. He also stated as a result of TxDOT's reallocation and higher construction prices, there is a shortfall in the construction. This Interlocal Agreement is being modified through separate Council action to address the shortfall, and upon receipt of the funds from SMCISD and/or County, the account will be reimbursed. The Council then voted unanimously for the adoption of the Resolution. Mayor Narvaiz introduced for consideration Item 17, removed from the consent agenda, adoption of a Resolution, the caption which was read as follows: A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN MARCOS, TEXAS, APPROVING THE TERMS AND CONDITIONS OF AMENDMENT NO. 1 TO THE INTERLOCAL AGREEMENT BETWEEN THE CITY, HAYS COUNTY AND THE SAN MARCOS CONSOLIDATED INDEPENDENT SCHOOL DISTRICT FOR FUNDING FOR IMPROVEMENTS TO OLD BASTROP ROAD; AUTHORIZING THE CITY MANAGER TO EXECUTE THE AMENDMENT; AND DECLARING AN EFFECTIVE DATE. Mr. Diaz moved for adoption of the Resolution, and Mr. Guerrero seconded the motion. This amendment to the Interlocal Agreement is required to address increases in project costs from the original agreement approved last year. He stated this amendment revises the Interlocal Agreement to address the shortfall. He stated Staff recommends the City consider