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R-3688-8-19 RESOLUTION NO.3688-8-19(R) A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ALLEN, COLLIN COUNTY,TEXAS,APPROVING THE TERMS AND CONDITIONS OF THE LOCAL PROJECT ADVANCE FUNDING AGREEMENT (LPAFA) WITH THE STATE OF TEXAS ACTING BY AND THROUGH THE TEXAS DEPARTMENT OF TRANSPORTATION FOR FUNDING TRAFFIC SIGNAL DETECTION EQUIPMENT; AND PROVIDING AN EFFECTIVE DATE. WHEREAS, the City Council has been presented a proposed Local Project Advance Funding Agreement by and between the City of Allen, Texas and the State of Texas acting by and through the Texas Department of Transportation which provides for funding Stacy Road Improvements, attached as Exhibit"A"; and, WHEREAS, upon full review and consideration of the Agreement, and all matters related thereto, the City Council is of the opinion and finds that the terms and conditions thereof should be approved, and that the City Manager should be authorized to execute the Agreement on behalf of the City of Allen, Collin County,Texas. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF ALLEN, TEXAS,THAT: SECTION 1. The Local Project Advance Funding Agreement for funding Traffic Signal Detection Improvement.,attached hereto and incorporated herein by reference for all purposes,having been reviewed by the City Council of the City of Allen,Texas, and found to be acceptable and in the best interest of the City and its citizens, be, and the same is hereby, in all things approved, and the City Manager is hereby authorized to execute the Agreement on behalf of the City of Allen,Collin County,Texas. SECTION 2. This resolution shall become effective from and after its passage. DULY PASSED AND APPROVED BY THE CITY COUNCIL OF THE CITY OF ALLEN, COLLIN COUNTY,TEXAS,THE 13TH DAY OF AUGUST 2019. APP VE ....C;I\::) Stephen rrell,MAYOR ATTEST: Shel ey B.George, EC Y