HomeMy WebLinkAboutResolution 3116~~
A Resolution
NO ~~~~
CERTIFYING THE AVALABILITY OF $400,000 IN CITY FUNDS FOR THE
PURPOSE OF FUNDING 50% OF THE COST OF CONSTRUCTION OF AN
EXECUTIVE TERMINAL AND PARKING LOT
AT FORT WORTH SPINKS AIRPORT
WHEREAS, the City of Fort Worth ("City") desires to construct an executive terminal and
parking lot (the `Project") at Fort Worth Spmks Airport; and
WHEREAS, the City has requested assistance from the Texas Department of Transportation
("TxDOT"} in order to pay $400 000 toward the Project (the `Grant") wYuch is estimated to cost
$800 000 with the City contributing $400 000 toward such costs as a 50% match to Pro}ect cost;
NOW, THEREFORE, SE IT RESOLVED BY THE CITY COUNCIL OF THE
CITY OF FORT WORTH, TEXAS
Section 1 The Recitals contained in 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 City hereby certifies the availability of $400 000 in current City
revenues for application as the City s 50% match to the Project cost of $800 000 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
City Manager to execute on behalf of the City at the appropriate time and with the
appropriate authorization of the City Council all contracts and agreements with the State
of Texas represented by TxDOT and such 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. s~
Adopted this~_ day of _ 2004
~, APPROVED
ATTEST "' ~ ~~~~ CITY COUNCIL
Y~ ~ ~~~
B~'~ ~ - AUG 3 1 2004
.~:.
;Marty Hend,-' ~ Secretary
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