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A RESOLUTION EXPRESSING THE WILLINGNESS OF THE CITY OF JONESBORO TO UTILIZE FEDERAL-AID MONIES FOR THE FOLLOWING CITY PROJECT: TRAFFIC SIGNAL UPGRADE AT THE INTERSECTION OF HIGHWAY 18 AND QUALITY WAY
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WHEREAS, the City of Jonesboro understands Federal-aid Surface Transportation Block Grant Program funds are available for certain local project at the following Federal, State, and city participating ratios up to a maximum of $350,000 Federal-aid available per project:
Type Work Work Phase Fed Share State Share City Share
Traffic Signals/ Construction 80% 10% *10%
Intersection Improvements & Engineering
Right-of-way 0% 0% 0%
&Utilities
Projects designed but never All Phases 0% 0% 0%
Progressed to construction
*The City share for this work phase will be 10% unless the overall cost of this phase exceeds $437,500. If this occurs, 100% of the amount above this value will be the responsibility of the City; and,
WHEREAS, the Arkansas Department of Transportation has agreed to this arrangement and will provide funding for 10% of the project cost up to $43,750 and will handle all phases of the project.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF JONESBORO, ARKANSAS, THAT:
SECTION 1: The City will participate in accordance with its designated responsibilities in this project, which include providing electrical service, maintenance of traffic signal and associated control equipment, and 100% of any cost over the maximum available funds ($350,000 Federal-aid and $43,750 State).
SECTION 2: The Mayor, or his designee representative, is hereby authorized and directed to execute all appropriate agreements and contracts necessary to expedite the construction of this city project
SECTION 3: The City pledges its full support and hereby authorizes the Arkansas Department of Transportation to initiate action to implement this project
PASSED AND APPROVED THIS 15TH DAY OF OCTOBER, 2019.