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Resolution 2002-12 RESOLUTION NO. ;OO~- I ~(I?) A RESOLUTION OF THE CfIY COUNCIL OF THE CfIY OF WYLIE, TEXAS, AUTHORIZING THE MAYOR TO EXECUTE AND APPROVE THE MASTER ADVANCE FUNDING AGREEMENT WITH THE TEXAS DEPARTMENT OF TRANSPORTATION. WHEREAS, the elements of contracts between the Texas Department of transportation (TxDOT) and municipalities vary from project to project including the project specifications and the fimding arrangements; and WHEREAS, in order to streamline the contract process, TxDOT has designed: (1) a Master Advance Funding Agreement (MAFA) and (2) a Local Project Advance Funding Agreement (LPAFA); and WHEREAS, the MAF A contains what may become statewide contract standards which are generally agreeable to an cities and counties; and WHEREAS, this MAF A will need to be approved only one time by the local municipality; and WHEREAS, the LP AF A contains provisions related only to the local project needs; and WHEREAS, the LP AF A is short and simple to understand and complete for routine projects; and WHEREAS, exceptions to the MAF A or LP AF A may be addressed by specific amendments; and WHEREAS, the governing terms of this MAF A will provide for efficient and effective contract administration of the LP AF As. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF TIIE CITY OF WYLIE, TEXAS: SECTION 1. That the City Council authorizes the Mayor to execute and approve the Master Advance Funding Agreement (MAFA) with the Texas Department of Transportation (TxDOT). . ." SECTION 2. That this Resolution shall take effect immediately from and after its passage. DULY RESOLVED by the City Council of the City of Wylie, Texas, on this the 24th day of September, 2002. .. " ATIEST: