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<br />I <br /> <br />I <br /> <br />I <br /> <br />RESOLUTION 2007-~_R <br /> <br />A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN MARCOS, <br />TEXAS, APPROVING AN ADVANCE FUNDING AGREEMENT BETWEEN <br />THE CITY AND THE STATE OF TEXAS ACTING THROUGH THE TEXAS <br />DEPARTMENT OF TRANSPORTATION FOR THE CONSTRUCTION OF <br />RAMP RELOCATIONS AT MCCARTY LANE; AUTHORIZING THE CITY <br />MANAGER TO EXECUTE THIS AGREEMENT ON BEHALF OF THE CITY; <br />AND DECLARING AN EFFECTIVE DATE. <br /> <br />BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SAN <br />MARCOS, TEXAS: <br /> <br />PART 1. The attached Advance Funding Agreement for the Construction of Ramp <br />Relocations at McCarty Lane Project between the City of San Marcos and the State of Texas <br />acting through the Texas Department of Transportation ("TxDOT"), Project Number: CSJ 0016- <br />03, is approved contingent upon the City's approval of a Capital Improvement Agreement with <br />Creekside Square, Ltd. for the Stone Creek Crossing Development. <br /> <br />PART 2. The City Manager, Dan O'Leary, is authorized to execute the Agreement <br />on behalf of the City. <br /> <br />PART 3. <br />after its passage. <br /> <br />This Resolution shall be in full force and effect immediately from and <br /> <br />ADOPTED this the 6th <br /> <br />day of February 2007. <br /> <br />~~ <br /> <br />Mayor '-' U <br /> <br /> <br />ShellGOo'tl:~. f) <br /> <br /> <br />Interim City Clerk <br />