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HomeMy WebLinkAboutResolution 1973-014 RESOLUTION NO. 73-14 WHEREAS, it is the desire of the City of North Richland Hills, Texas, that Fox Hollow Lane be extended in a northerly direction from Watauga-Smithfield Road (County Road 4022) for future connection with Chapman Road (County Road 3036); and WHEREAS, such extension will require a crossing over the St. Louis and Southwestern Railroad tracks; and WHEREAS, the Developer of Fox Hollow Addition has deposited with the City a letter of credit in the amount of $25,000.00 for which will be substituted a cash escrow in the amount of $25,000.00, on letting of the construction contract, for payment of all costs for such crossing; NOW THEREFORE BE IT RESOLVED that there be constructed by such Railroad, at the sole expense of the Developer of Fox Hollow Addition, a 45 foot full timber crossing with automatic crossing protection consisting of flashing lights and gates, at a cost not to exceed $25,000.00, to be funded from the cash escrow deposit held by the City for such purpose. PASSED AND APPROVED thi s 27th day of August , 1973. ATTEST: ¡J~c/~l(A_J? DONNA AIRS , CITY SECRETARY