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Res 151-94 9/20/1994w s RESOLUTION NO. 151 - 614 RESOLUTION APPROVING THE TRANSFER OF THE CITY'S AIRPORT AND AIRWAYS IMPROVEMENT ACT OF 1982 ENTITLEMENT FUNDS FOR FISCAL YEAR 1992 IN THE AMOUNT OF $441,750. 00 TO THE STATE OF TEXAS, DEPARTMENT OF TRANSPORTATION, DIVISION OF AVIATION, FOR USE AT THE MINERAL WELLS AIRPORT. WHEREAS, as of October 1, 1994, these funds will be lost to the City, as well as to the State of Texas; and WHEREAS, the City Council desires to designate a recipient of these funds; NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WICHITA FALLS, TEXAS, THAT: In accordance with Section 508 (b) (2) of the Airport Improvement Act of 1982 , the City of Wichita Falls waives the following funds apportioned to it under Section 507 of said act; $441,750. 00 from fiscal year 1992 . This waiver is made on the condition that the Federal Aviation Administration makes such amounts, $441,750. 00, available to the State of Texas, Department of Transportation, Division of Aviation, for use at the Mineral Wells airport, for eligible projects under Section 505 of the Act. The execution of an agreement for transfer of such entitlements for the City of Wichita Falls, by the mayor, is approved. PASSED AND APPROVED this the 20th day of September, 1994. e._ff,e M . R ATTEST: O))6W)j-aitOL• ity Clerk I AGREEMENT FOR TRANSFER OF ENTITLEMENTS In accordance with Section 508 (b) (2) of the Airport and Airway Improvement Act of 1982 (hereinafter called the Act) , the CITY OF WICHITA FALLS, TEXAS, hereby waives receipt of the following amount of funds apportioned to it for the fiscal year specified under Section 507 of the Act: AMOUNT FISCAL YEAR 441, 750. 00 1992 TOTAL 441,750.00 on the condition that the Federal Aviation Administration makes the waived amount available to, THE STATE OF TEXAS, DEPARTMENT OF TRANSPORTATION, DIVISION OF AVIATION, FOR USE AT THE MINERAL WELLS AIRPORT, for eligible projects under Section 505 of the Act. This waiver shall expire on the earlier of September 30, 1994, or when the availability of apportioned funds would lapse under Section 508 a) of the Act. FOR THE UNITED STATES OF AMERICA FEDERAL AVIATION ADMINISTRATION BY: TITLE: Manager, Airports Programming Branch DATE: FOR THE CITY OF WICHITA F, S, TEXAS BY: TITLE: Mayor, City of Wichita Falls, Texas DATE: September 20, 1994 I. CERTIFICATE OF SPONSOR'S ATTORNEY I, Gregory D. Humbach, acting as Attorney for the Sponsor, do hereby certify: That I have examined the foregoing agreement and find that the Sponsor has been duly authorized to make such transfer and that the execution thereof is in all respects due and proper and in accordance with the laws of the State of Texas and the Act. Dated at Wichita Falls, Texas, this the 20th day of September, 1994 . Title: City Attorney_