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09-139 - R TOWN OF PROSPER,TEXAS RESOLUTION NO. 09-139 A RESOLUTION OF THE TOWN COUNCIL OF THE TOWN OF PROSPER, TEXAS, HEREBY AUTHORIZING THE SUBMISSION OF AN APPLICATION FOR TRANSPORTATION ENHANCEMENT FUNDS AND COMMITTING LOCAL FUNDS TO ASSIST IN IMPLEMENTING AND ADMINISTERING PROJECTS SUBMITTED FOR FUNDING. WHEREAS, the Town Council of the Town of Prosper recognizes the importance of intermodal transportation and sustainability; and WHEREAS, the Town Council of the Town of Prosper commits a minimum of twenty percent(20%)of the funding required to complete the Prosper Trail hike and bike improvements, the First Street hike and bike improvements,and the Coit underpass projects ; and NOW, THEREFORE, BE IT RESOLVED BY THE TOWN COUNCIL OF THE TOWN OF PROSPER,TEXAS: SECTION 1: That an application for Transportation Enhancement Funds in the amount of $807,100 is hereby supported by the Town Council. SECTION 2: That the Town authorizes and directs the Town Manager to serve as the authorized representative on all matters pertaining to the Transportation Enhancement Fund Program. SECTION 3: This Resolution shall take effect immediately upon its passage. RESOLVED THIS THE 8th day of December,2009. -Char es N swanger,Mayor ATTEST T : 7/. hew D. Denton,TRMC �� •O •' '••••w•O T-,wn Secretary • <\ o • Ji s i 7t I � . o�''e'E i AIS,,``e`•%