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Res 031-2001 4/3/2001RESOLUTION NO. 3 - I RESOLUTION APPROVING ADDITIONAL FUNDING TO THE ADVANCED FUNDING AGREEMENT FOR AN URBAN STREET PROJECT ON BARNETT ROAD BETWEEN ATHLETIC ROAD AND LAKE SHORE DRIVE; FINDING AND DETERMINING THAT THE MEETING AT WHICH THIS RESOLUTION WAS PASSED WAS OPEN TO THE PUBLIC AS REQUIRED BY LAW. WHEREAS, the City of Wichita Falls desired to improve Barnett Road between Athletic Road and Lake Shore Drive; and WHEREAS, funding was available to the Texas Department of Transportation under their Urban Street Program; and WHEREAS, the City of Wichita Falls entered into an Advanced Funding Agreement with the Texas Department of Transportation for the reconstruction of Barnett Road between Athletic Road and Lake Shore Drive; and WHEREAS, the project has been completed and the additional cost to the City is $97,994.54. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WICHITA FALLS, TEXAS, THAT: SECTION 1. The additional $97,994.54 payment to the Texas Department of Transportation is hereby approved. SECTION 2. It is hereby officially found and determined that the meeting at which this resolution was passed was open to the public as required by law. PASSED AND APPROVED this the 3rd day of April 2001. A�4� 4cye�- MAYOR ATTEST: (7 /