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37. Regular Meeting January 18, 2005 Page 9 STORES, INC.; AUTHORIZING THE CITY MANAGER TO EXECUTE A RELEASE; AND PROVIDING AN EFFECTIVE DATE. Adoption of Resolutions: A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN MARCOS, TEXAS, APPROVING THE TERMS AND CONDITIONS OF A CAPITAL IMPROVEMENT AGREEMENT BETWEEN THE CITY AND BOBSCO, INC. RELATED TO THE H&H INDUSTRIAL PARK; AUTHORIZING THE CITY MANAGER TO EXECUTE THE AGREEMENT ON BEHALF OF THE CITY; AND DECLARING AN EFFECTIVE DATE. A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN MARCOS, TEXAS, FINDING 48 PERSONAL COMPUTERS TO BE SURPLUS AND OF NO VALUE TO THE CITY OF SAN MARCOS PUBLIC LIBRARY; AUTHORIZING THE DONATION OF THESE COMPUTERS TO THE SAN MARCOS HOUSING AUTHORITY; AND DECLARING AN EFFECTIVE DATE. A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN MARCOS, TEXAS, AWARDING AN ANNUAL CONTRACT TO GILLAND LAWN SERVICE FOR THE PROVISION OF LAWN MAINTENANCE SERVICES; AUTHORIZING THE PURCHASING MANAGER TO EXECUTE CONTRACT DOCUMENTS ON BEHALF OF THE CITY; AND DECLARING AN EFFECTIVE DATE. Mayor Narvaiz introduced a discussion regarding a presentation by Dannenbaum Engineering on Pass Through Tolling Concept for the Wonder World Drive Extension Project. Mr. O'Leary stated the City has struggled for a number of years over the Wonder World Drive Extension Project. He stated the City and the State had agreed upon an arrangement where the City would acquire permits and right-of-way and the State would build an extension of Wonder World from Hunter Road to Ranch Road 12 for approximately $25 million. He also stated the State has informed the City that the State funding is many years away. At the last Texas Legislative Session, legislation was passed to create some new mechanisms for TxDOT for funding major road construction projects. Mr. Paul Serano, of Dannenbaum Engineering, provided the Council with a PowerPoint presentation regarding two concepts of how to finance the building of roads in the State of Texas. He stated the first option is a toll road. He stated the second option is a funding mechanism called a Pass Through Toll. He stated this is a concept where the State would leverage what few dollars they have by using local entities who want to build roads as both the banker and the developer. He stated the State pays for the road through a road use fee. He stated in a Pass Through Toll the local entity funds and builds a road project and enters into what is known as the Pass Through Toll Agreement, so they will be reimbursed on the vehicle usage of the road, with a floor and a ceiling. He stated the purpose for the floor and the ceiling is to protect both the State and the local entity in the event the projected vehicle volume of cars is different than what was