File #: ID 23-2220    Version: 1 Name:
Type: Ordinance
File created: 11/8/2023 In control: City Council
On agenda: 12/5/2023 Final action: 12/5/2023
Title: Consider adoption of an ordinance of the City of Denton, a Texas home-rule municipal corporation, authorizing the City Manager, or Designee, to execute and deliver an Advance Funding Agreement ("AFA") between the City of Denton ("City") and Texas Department of Transportation ("TxDOT") for funding the City's MSE Walls Aesthetics Package Project, providing financial assistance through the TxDOT IH-35 Corridor Aesthetics Project; CSJ 0195-03-087, in an amount not to exceed One Million Six Hundred Ninty-Five Thousand, Four Hundred Ninety-Seven And 41/100 ($1,695,497.41) dollars; providing for the expenditure of funds therefor; and providing an effective date.
Attachments: 1. Exhibit 1 - Agenda Information Sheet, 2. Exhibit 2 - Ordinance, Advanced Funding Agreement, Construction Plan Set, 3. Exhibit 3 - Presentation

AGENDA CAPTION

Title

Consider adoption of an ordinance of the City of Denton, a Texas home-rule municipal corporation, authorizing the City Manager, or Designee, to execute and deliver an Advance Funding Agreement (“AFA”) between the City of Denton (“City”) and Texas Department of Transportation (“TxDOT”) for funding the City’s MSE Walls Aesthetics Package Project, providing financial assistance through the TxDOT IH-35 Corridor Aesthetics Project; CSJ 0195-03-087, in an amount not to exceed One Million Six Hundred Ninty-Five Thousand, Four Hundred Ninety-Seven And 41/100 ($1,695,497.41) dollars; providing for the expenditure of funds therefor; and providing an effective date.

Body