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HomeMy WebLinkAbout11-62 RESOLUTION1 RESOLUTION 110. % t 2 - ACCEPTING MO AUTHORIZING EXECUTION OF AMENDMENT N0. 1 TO GRANT AGREEMENT WHEREAS, the Assistant Administrator, Southwest Region of thetederal Aviation Agency has determined it to be is the interest of the United Statds-m( America that the Grant Agreement between the Regional Administrator, Federal Aviation Agency. acting for and on behalf of the United States, and the City of Fayetteville, Arkansas (hereinafter referred to as '`Sponsor"), accepted by said Sponsor on the 6th day of June, 1959, be amended, and WHEREAS. the Mayor and City Connell of the City of Fayetteville, Arkansas. have determined it to be to the best interest of the City of Fayetteville, Arkansas, that said grant agreement be amended, NOW, THEREFORE. BE IT RESOLVED; Section 1. That said Grant Agreement between the Regional Administrator, Federal Aviation Agency, acting for and on behalf of the United States and the City of Fayetteville. Arkansas, accepted by the City of Fayetteville, Arkansas, on June g. 1969, be and the same shall be amended as follows: 1. By revising the description of the project as set forth in the second paragraph. Page 1 of the Grant Agreement, to reed es follows: "Acquire land (Tracts H, C, and E sen Exhibit "A"), construct termi- nal apron, parallel Utility to 0/S runway. hangar apron and connect- ing taxiway. extreme* road, auto parking area, terminal building, sidewalks and utilities; perform approach clearing at each end of N/S runway; install security fence; perform turfing incidental to grading. " !. By deleting Special Condition S(d) as set forth in the fourth paragraph Page Sod the Grant Agreement and substituting therefor the following: "It is agreed between the partite hereto that the property interests which the Sponsor shall acquire in Tracts B, C. and Et an Exhibit "A" shall consist of fee simple title satisfactory to the Administrator to Tracts B and C and avlgatioa easements for clear sons purposes satisfactory to the Administrator in Tract E on Exhibit le; sad it is further agreed that the United States shall not maks, nor be obligated to make. any grant payments for the acquisition of such property interests is said Tracts until the Sponsor has submitted evidence satisfactory to the Administrator that it has acquired such property interests." S. Hy deleting Exhibit "A", dated August/195Se attached to and media part et the Project Application and Grant Agreement and substituting therefor Map Exhibit A" dated May 0. 1960. 4. By increasing the maximum amount of the obligation of the United States payable under the Grant Agreement from $90. 000.00 to 999, 000.00. Section 2. That the Mayor of the City of .Fayetteville. Arkansas. be and he is hereby authorised to evidence the City's agreement to suck amendment by affixing his signaturs to such agreement. which Is hereby executed in settupte, and the City tyClerlt3ti ,hereby authorised and directed to impress the official seal o1 the City of Arkansas, thereon and to attest said execution. SS WHEREOF, we have set our heads on this Slay of July. 7 Ml/ MAYOR