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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 .. ~ r ,, ~ _.. i ,, 1 Y \ Q;.~~~ ~s ".,,.,,,,,,,,~ ~'!~~ ~„"~ ~' ` t... it ~o~orteWa th, Texas f~,, .x ', :~; .~