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HomeMy WebLinkAboutResolution 1992-051 ,~,,-~-."._._-~.~-,--'*~~---~_._-~--_._.~---~~-- '" -- ...__......_--.~._.._^_.~<--",.,_. RESOLUTION NO. 92-51 BE IT RESOLVED by the City Council of the City of North Richland Hills, Texas, that: 1 . The Mayor be and is hereby authorized to execute the attached" Agreement to Contribute Funds" with the Texas Department of Transportation concerning the acquisition of right-of-way for the Watauga Road (PASS) Project from Davis Boulevard (FM 1938) to Precinct Line Road (FM 3029). 2. Authorize the disbursement of $500,000 to the Texas Department of Transportation in accordance with Minute Order No. 87506 as passed on July 25, 1988 by Resolution No. 88-21. PASSED AND APPROVED this the 12th day of October, 1992. APPROVED: ATTEST: APPROVED AS TO FORM AND LEGALITy': .... .------ ,;~..-""--- .,------_...~._--'--"-'_._--"_._-~-_.. , . State Department of Highways and Public Tran8portation ¡"orm U-15-146 Agreement to Contribute Funds (City Form - PASS Project) COUNTY OF TRA VIS I I I County Tarrant Project No. CSJ No. 8606-02-009 Account No. THE STATE OF TEXAS This agreement by and between the State of Texas, acting by and through the State Department of Highways and Public Tnmsportation, hereinafter called the State, and N. Richland Hills , Texas, acting by and through its duly authorized officials under Ordinance dated day of , 19 q? ,hereinafter eaBed the City, shall be effective on the date of approval and execution by and on behalf of the State. WHEREAS, the State and the City desire to enter into contractual agreements and acquire right of way on the following projects: llighway Watauga Road Account No. Limits From: F.M. 1938 To: F.M. 3029 ; and, WHEHEAS, the City has now requested that the State assume responsibility for acquisition of all necessary rightofway; and, WHEREAS, the City desires to voluntarily contribute to the State funds, equal to 50 percent of the cost of the right of way, for the proper development and construction of the State Highway System. NOW, THEREFORE, in consideration of the foregoing premises and the mutual benefits to be derived therefrom, the City shall contribute to the State an amount equal to ~ percent of the cost of the right of way to be acquired by the State and shall transmit to the State with the return of this agreement, executed by the City, a warrant or check payable Lo the State Department of Highways and Public Transportation in the amount of Five Hundred Thousand and No/100 ------------------------------- Dollars ($ 500,000.00 however, if it is found that this amount is insufficient to pay the City's obliga Lion, then the City, upon request of the State, will forthwith supplement this amount in such amount as requested by the State. The City will be given full credit based upon the State's determined value, up to the amount of their right of way obligation, for all right of way parcels acquired in the name of the State by donation or without cost after the effective date of this contract. Upon completion of the project and in the event the amount paid and or credited is more than the City's right of way obligation then any excess amount previously paid by the City will be returned to the City. Cost of the right of way acquired by the State shall mean the total value of compensation to owners for their properly interests either by negotiation or eminent domain. This agreement is approved and executed on behalf of the State this _ day of 19 92 City of North Richland Hills , Texas EXECUTION RECOMMENDED: By: Mayor District Engineer ^ TTEST: TH E STATE OF TEXAS Certified as being execut.ed for the purpose and elTect of activating and/or carrying outtne orders, established policies, or work progra ms heretofore approved and a utno- rized by the Stale Hi¡¡-hways and Public Transportation Commission under the authority of Minute Order BY: Right of Way Engineer DA TJo::