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HomeMy WebLinkAboutRES 2005-040 RESOLUTION NO. 2005-40 tEk A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF GRAPEVINE, TEXAS SUPPORTING THE TARRANT COUNTY TRANSPORTATION BOND PROGRAM; AUTHORIZING CITY STAFF TO SUBMITT CANDIDATE PROJECTS; AUTHORIZING FUNDING PARTICIPATION WITH TARRANT COUNTY; DECLARING AN EMERGENCY AND PROVIDING AN EFFECTIVE DATE WHEREAS, traffic congestion and the subsequent need for transportation related projects providing capacity improvements is a high priority to the City of Grapevine and northeast Tarrant County; and WHEREAS, the Tarrant County Commissioners Court has notified the City of its intention to conduct a bond election for the purpose of funding transportation projects through out the County; and WHEREAS, the cities of Tarrant County have been invited to submit candidate projects to be funded from the bond program for consideration by Tarrant County Officials. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF GRAPEVINE, TEXAS: Section 1. That it is hereby determined that the City of Grapevine approves and supports the Tarrant County Commissioners Court's plan for a bond election for the purpose of funding Transportation Improvement Projects within the County. Section 2. That the City Staff is authorized to submit candidate projects for consideration by Tarrant County Officials for the bond program. Section 3. That the City of Grapevine commits to participate in the funding of its candidate projects as follow: State Highway 26 $ 2,000,000 Bass Pro Drive $ 750,000 Section 4. That this resolution shall take effect from and after the date of its passage. PASSED AND APPROVED BY THE CITY COUNCIL OF THE CITY OF GRAPEVINE, TEXAS on this the 6th day of September, 2005. APPROVED: William D. Tate Mayor ATTEST: (i904ideti Linda Huff City Secretary APPROVED AS TO FORM: I ~ Doug Conner City Attorney RES. NO. 2005-40 2