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1977-041RESOLUTION NO. 77-41 WHEREAS, the City of Southlake has deter- mined through advice of Financial and En- gineering Consultants that the proposed Sewer System pursued through Steps 1 and 2 of a Grant would not be economically feasible to build and operate, AND, WHEREAS, further pursuit of the Grant would entail a considerable expeniture of City Funds for another study, system redesign rework of application, and a bond election, NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SOUTHLAKE, TEXAS, THAT, I. Further pursuit on the Sewer System under the current Grant is not economically feasible, that all effort be discontinued on this particular System and Grant,and that all involved Parties/Agencies be so notified. PASSED, APPROVED AND ADOPTED this 15th day of November,1977. ATTEST: City Secretary Mayor 260