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172. <br /> <br />RESOLUTION NO. 2004- 9 R <br /> <br />A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF <br />SAN MARCOS, TEXAS, ACCEPTING AND APPROVING THE <br />TERMS OF AN ADVANCE FUNDING AGREEMENT BETWEEN <br />THE CITY AND THE TEXAS DEPARTMENT OF <br />TRANSPORTATION FOR THE WONDER WORLD DRIVE (FM <br />3407) RAILROAD OVERPASS PROJECT; AND DECLARING AN <br />EFFECTIVE DATE. <br /> <br />RECITALS: <br /> <br /> 1. The Texas Departmem of Transportation ("TXDOT") has requested the City to accept and <br />approve the terms of the attached Local Transportation Project Advance Funding Agreement (the <br />"Agreement") pertaining to the Wonder World Drive (FM 3407) Railroad Overpass Project (the <br />"Project") in San Marcos, Hays County, Texas. <br /> <br /> 2. The Agreement provides for the City to contribute $272,967.70 towards the cost of the <br />Project. <br /> <br />3. The City wishes to approve and accept the Agreement to facilitate the Project. <br /> <br /> BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SAN MARCOS, <br />TEXAS: <br /> <br />PART 1. The terms and conditions of the Agreement are approved and accepted. <br /> <br /> PART 2. The City Manager, Dan O'Leary, is authorized to execute the Agreement on behalf <br />of the City. <br /> <br />PART 3. This Resolution is in full force and effect immediately from and after its passage. <br /> <br />ADOPTED on January 12, <br /> <br />Attest: <br /> <br />City Clerk <br /> <br />2004. <br /> <br /> Robert Habingreither <br /> Mayor <br /> <br /> <br />