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R-88-1124 - 6/9/1988ATTEST: NE LAND, City Secretary C26RESMKTROW c 4 RESOLUTION NO. 1 WHEREAS, the City Council of Round Rock, Texas, on the 5th day of February, 1987, passed Resolution No. 949R, which authorized the Mayor to execute an agreement on behalf of the City regarding the negotiation for the acquisition and financing of the Missouri - Kansas Texas Railroad right - of - way from Austin to Georgetown, and WHEREAS, the City Council desires to re- affirm its support for the acquisition of the M -K -T right -of -way by the cities of Round Rock,' Pflugerville and Georgetown and the Counties of Travis and Williamson, if Urban Mass Transportation Administration funds are available to facilitate said acquisition, Now Therefore, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF ROUND ROCK, TEXAS, That the City Council of Round rock hereby re- affirms its support for the acquisition of the M -K -T right-of-way. RESOLVED this day of , 1988. _glA MIKE ROBINSON, Mayor City of Round Rock, Texas DATE: June 6, 1988 SUBJECT: Council Agenda, June 9, 1988 ITEM: 9A. Consider a resolution reaffirming support of the MKT right -of -way purchase. STAFF RESOURCE PERSON: Joe Vining STAFF RECOMMENDATION: Approval. ANALYSIS: The State Department of Highways and Public Transportation is applying for Urban Mass Transportation funds to purchase the MKT right of way. This represents a change in the original concept that had the four cities and two counties filing for the grant. As part of the application, UMTA is requiring a resolution confirming our willingness to provide funding for our share of the 25% match. It is estimated that our share will amount to $50,000. This expenditure is contained in our CIP but currently is not funded. However, the draft contract being prepared is calling for a closing date in summer or fall 1989.