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<br /> 94 <br /> RESOLUTION 1998- 109R <br />A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN MARCOS, <br />TEXAS, APPROVING THE TERMS AND CONDITIONS OF AN ADVANCE <br />FUNDING AGREEMENT BETWEEN THE CITY AND THE TEXAS <br />DEPARTMENT OF TRANSPORTATION FOR THE CENTERPOINT ROAD <br />RECONSTRUCTION PROJECT; AUTHORIZING THE CITY MANAGER TO <br />EXECUTE THE AGREEMENT ON BEHALF OF THE CITY; AND <br />DECLARING AN EFFECTIVE DATE. <br />RECITALS: <br />1. The Texas Department of Transportation ("TXDOT") has requested the City <br />to execute the attached Advance Funding Agreement for improvements to be made by <br />TXDOT to the City's portion of Centerpoint Road (the "Project") in San Marcos, Hays <br />County, Texas. <br />2. The Agreement requires the City to pay for the full cost of the Project, which <br />consists of the widening of Centerpoint Road from three lanes to five lanes, and the <br />addition of concrete curb-and-gutter and underground storm drainage. <br />BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SAN MARCOS, <br />TEXAS: <br />PART 1. The terms and conditions of the Advance Funding Agreement attached <br />to this Resolution between the City and TXDOT for the Project are approved. <br />PART 2. The City Manager, Larry D. Gilley is authorized to execute this <br />Agreement on behalf of the City. <br />PART 3. That this Resolution is in full force and effect immediately from and after <br />its passage. <br />ADOPTED this 8thday of June ,1998. <br /> fJ~~) ~ <br /> Billy G. Moore <br /> Mayor <br />A~: ) <br />~. / ., -d/ <br />u IJ ØA~) f:Jj' JÝ~1A&~)~ <br />Janis K. Womack> <br />City Secretary <br />