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R-3092-7-12RESOLUTION NO. 3092-7-12(R) ' A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ALLEN, COLLIN COUNTY, TEXAS, APPROVING THE TERMS AND CONDITIONS OF THE SURFACE TRANSPORTATION PROGRAM — METROPOLITAN MOBILITY AGREEMENT FOR STATE -CONTRACTED TRAFFIC SIGNAL CONSTRUCTION WITH THE STATE OF TEXAS ACTING BY AND THROUGH THE TEXAS DEPARTMENT OF TRANSPORTATION FOR FUNDING STACY ROAD TRAFFIC SIGNAL CONSTRUCTION; AND PROVIDING AN EFFECTIVE DATE. WHEREAS, the City Council has been presented a proposed Metropolitan Mobility 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 Traffic Signal Construction, 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 Metropolitan Mobility Agreement for funding Stacy Road Traffic Signal Construction, 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 immediately from and after its passage. DULY PASSED AND APPROVED BY THE CITY COUNCIL OF THE CITY OF ALLEN, COLLIN COUNTY, TEXAS, THE 10"' DAY OF JULY, 2012. APPROVED: Stephen ermll, MAYOR k11YY*1kp ' Shelley B. George, C, CITY SIWRETARY \( .� r\��}§� § .2. �J + � y « ©d \ \\\ < \~^ \/ / ! . w7elaw e ` \� \� >. . �