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HomeMy WebLinkAboutResolution 3059,_; ~.~ A Resolution N O L,l.~" / CERTIFYING THE AVAILABILITY OF $87,000 IN CITY FUNDS FOR THE PURPOSE OF FUNDING 10% OF THE COST OF PHASE I AIRFIELD INFRASTRUCTURE UPGRADES AT FORT WORTH SPINKS AIRPORT WHEREAS the Crty of Fort Worth ("City") desires to make vanous upgrades and improvements at Fort Worth Spmks Airport ("Airport"), including, but not hmrted to, the construction of a 75 000 square foot terminal ramp extension and the installation of medium intensity taxiway lights as the first phase of such upgrades and improvements (the `Project") and WHEREAS, the City has requested grant assistance from the Texas Department of Transportation ("TXDOT") m order to pay $783 000 toward the Project (the `Grant"), which is estimated to cost $870 000 with the City contributing $87 000 toward such costs as a 10% match to the Project cost; and WHEREAS, the City intends to name TXDOT as its agent for the limited purpose of applying for receiving and disbursing all Grant funds under the Project, for consultant selection and for administration of all directly related contracts, NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF FORT WORTH, THAT Section 1 The recitals contained m the preamble of this Resolution are determined to be true and correct and are hereby adopted as a part of this Resolution. Section 2 The Crty hereby certifies the availability of $87 000 m current Crty revenues for application as the Crty's 10% match to the Project cost of $870 000 the balance of which will be funded by TXDOT through the Grant. Section 3 The City Council hereby authorizes the City Manager or any Assistant Crty Manager to execute on behalf of the Crty at the appropriate lime and with the appropriate authorization of the City Council, all contracts and agreements with the State of Texas, represented by TXDOT and such ~~PRO~~p ~~ ~~ ~~~ .~ ~~, other parties as shall be necessary for the undertaking of that portion of the Project paid for with TXDOT Grant funds. Section 4 This Resolution shall take effect immediately from and after its adoption. AND IT IS SO RESOLVED. Adopted thisG~~ day of ~Y 200,E •