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HomeMy WebLinkAboutRES 2003-025 RESOLUTION NO. 2003-25 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF GRAPEVINE, TEXAS AUTHORIZING AN ADVANCE FUNDING AGREEMENT AMENDMENT WITH THE TEXAS DEPARTMENT OF TRANSPORTATION ADDRESSING FUNDING PARTICIPATION LEVEL AND PROJECT SCOPE FOR THE TRAFFIC SIGNAL IMPROVEMENTS PROJECT WITHIN THE CITY OF GRAPEVINE; AND PROVIDING AN EFFECTIVE DATE WHEREAS, a Master Agreement between the City of Grapevine and the State was adopted by Resolution No. 2000-60 on November 21, 2000 and the agreement states the general terms and conditions for transportation projects developed through this Advance Funding Agreement; and WHEREAS, the Texas Transportation Commission passed Minute Order 107737 that provides for the development of, and funding for the Traffic Signal Improvements project in the City of Grapevine; and WHEREAS, the Grapevine City Council strongly supports the efforts of the Metropolitan Planning Organization and Texas Department of Transportation in developing a system of highways in cooperation with local governments. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF GRAPEVINE, TEXAS: Section 1. That all matters stated in the preamble of this resolution are true and correct and are incorporated herein as if copied in their entirety. Section 2. That the City Council of the City of Grapevine approves entering into this Advance Funding Agreement amendment for development of the Traffic Signal Improvements project within the City of Grapevine. Section 3. That this resolution shall become effective from and after the date of its passage. PASSED AND APPROVED BY THE CITY COUNCIL OF THE CITY OF GRAPEVINE, TEXAS on this the 19th day of August, 2003. APPROVED: William D. Tate Mayor ATTEST: Jn. C. Brown A sistant City Secretary APPROVED AS TO FORM: John F. Boyle, Jr. City Attorney RES. NO. 2003-25 2