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R-2729-4-08RESOLUTION NO. 2729 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ALLEN, COLLIN ' COUNTY, TEXAS, APPROVING A FUNDING AGREEMENT AMONG THE CITIES OF ALLEN, FRISCO, AND PLANO FOR ADDITIONAL FUNDING IN THE AMOUNT OF $100,000 EACH FOR FINAL CONSTRUCTION DOCUMENT AND BID DOCUMENT DEVELOPMENT AND RELATED SERVICES FOR A PROPOSED PROJECT PERTAINING TO THE ARTS OF COLLIN COUNTY COMMISSION, INC., THAT SUPERCEDES THE PRIOR FUNDING AGREEMENT AMONG THE CITIES OF ALLEN, FRISCO AND PLANO; AUTHORIZING THE CITY MANAGER TO EXECUTE THE AGREEMENT; AND PROVIDING AN EFFECTIVE DATE. WHEREAS, the cities of Allen, Frisco and Plano, collectively referred to as "Cities," previously entered into an Interlocal Cooperation Agreement for funding services related to the Arts of Collin County Commission, Inc. in November 2006(the `prior agreement"); and, WHEREAS, the Cities desire to enter into a new Interlocal Cooperation Agreement for additional funding of project costs related to the next phase of design services and costs, to include finalization of construction documents and development of bid documents, related Arts of Collin County Commission, Inc. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF TAE CITY OF ALLEN, COLLIN COUNTY, TEXAS, THAT: ' SECTION 1. The terms and conditions of the Funding Agreement, a copy of which is attached hereto as Exhibit "A" and incorporated herein by reference, having been reviewed by the City Council of the City of Allen and found to be acceptable and in the best interests of the City of Allen and its citizens, is hereby, in all things approved. SECTION 2. The City Manager is hereby authorized to execute the Funding Agreement on behalf of the City of Allen, substantially according to the terns and conditions set forth in the Agreement and this Resolution. SECTION 3. Any non -substantive changes in the Agreement may be approved by the City Manager without the passage of a new Resolution. SECTION 4. The City Secretary shall forward a certified copy of this Resolution to the City Secretaries of the City of Plano and City of Frisco and the Arts of Collin County Commission, hie. SECTION & 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, ON THIS THE 22ND DAY OF APRIL, 2008. APPROVED: /j.�� Stephen feerrell, MAYOR ATTEST: Shelley B. Gorg , RMC, CITY 4kRETARY