HomeMy WebLinkAbout19860925Memorandum of Agreement
The City of College Station hereby agrees to provide
$100,000 as its FY 87 contribution to Texas A&M University for
the purpose of implementing the capital improvement program at
Easterwood Airport. It is understood that this contribution
represents a commitment for one year, and does not constitute an
additional obligation by the City of College Station for similar
contributions in future years. Requests for additional funds
will be considered on a case-by-case basis.
It is further understood and agreed that these funds, plus
any accrued interest on these funds, will be deposited into TAMU
Account 59994, Reserve for Airport Expansion - Governmental
Entities, and may be appropriated only for capital improvements
contained in the Airport Master Plan (1984), and then only after
review of their intended use by the Intergovernmental Liaison
Committee.
It is agreed that the City of College Station will remit
this contribution as soon as possible.
Approved: "T--'~',,~"-~"~L. ~, o __. Approv
Mayo~') ~ '~. -' (."x
City of COi~g~ Sta't'fon
Texas A&M University
Date: 1/~.' / ~ / ~,~ Date:
Attorney Date
DA~rS~cStto~r~ ~i/Flnance Date
City Manager Date
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