1976-11-22 Regular Meeting - Laserfiche WebLink

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. ~ ~ .~ • _ ~ ~- • RESOLUTION N0. 76- 7 WHEREAS, on October 20, 1976, the City of La Porte, Texas, submitted to the Texas Aeronautics Commission an application for a grant-in-aid for an airport development project at the La Porte Municipal Airport; and WHE REAS, the Texas Aeronautics Commission has issued a Grant Offer for TAC Project No. 772-0$, dated November 1, 1976, which,.if duly accepted, provides a commitment of not to exceed fifty per cent (50~)~of-all allowable project costs of said project, and not to exceed a maximum obligation of Twenty Thousand Dollars ($20,000.00.); and WHEREAS, the City of .La Porte, Texas, has available a • like amount of matching funds, in cash or in kind, which have been appropriated and designated for airport develop- ment purposes; and WHEREAS, it is determined to be in the best interests of the citizens. of the City of La. .Porte, Texas,.. to accept this Grant~Offer and thereby enter into a Grant Agreement with the Texas Aeronautics Commission; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF LA PORTE: , Section 1. That the City of La Porte does hereby enter into a Grant Agreement with the Texas Aeronautics Commission by accepting the Grant Offer for TAC Project No. 772-08, dated November 1, 1976; and, be it further • RESOLVED, that the .City of La Porte, Texas, shall be bound by the provisions of said Grant Agreement, a copy of which is attached hereto as Exhibit."A" and made a part hereof for all legal purposes; and, be it further RESOLVED, that J. J. Meza, the Mayor of the City of La Porte be, and he is hereby, authorized and directed to • execute said Grant Agreement on behalf of the City. of La Porte, Texas.