File #: RES-21:044    Version: 1 Name: AMEND THE 2021 BUDGET TO INCLUDE GRANT FUNDING FROM THE DELTA REGIONAL AUTHORITY TO EXPAND RAIL INFRASTRUCTURE
Type: Resolution Status: Passed
File created: 3/3/2021 In control: Finance & Administration Council Committee
On agenda: Final action: 3/16/2021
Title: A RESOLUTION TO AMEND THE 2021 BUDGET TO INCLUDE GRANT FUNDING FROM THE DELTA REGIONAL AUTHORITY TO EXPAND RAIL INFRASTRUCTURE
Sponsors: Engineering, Grants, Finance
Indexes: Budget amendment, Contract
Related files: RES-20:244, RES-20:154

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A RESOLUTION TO AMEND THE 2021 BUDGET TO INCLUDE GRANT FUNDING FROM THE DELTA REGIONAL AUTHORITY TO EXPAND RAIL INFRASTRUCTURE

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WHEREAS, Resolution 20:154 authorized the Mayor and City Clerk to accept the award and to enter into an agreement with the Delta Regional Authority (DRA); and

 

WHEREAS, the City of Jonesboro was awarded a grant from the Delta Regional Authority (DRA) in the amount of $509,090 with no local match required to expand rail infrastructure at the Craighead Technology Park; and

 

WHEREAS, the City of Jonesboro, Arkansas passed the 2021 budget in RES-20:244, which will need to be amended to reflect the award amount.

 

NOW THEREFORE BE IT RESOLVED BY THE CITY COUNCIL FOR THE CITY OF JONESBORO, ARKANSAS THAT:

 

Section 1:  The 2021 budget is hereby amended to include the $509,090 grant from the Delta Regional Authority for the expansion of rail infrastructure at the Craighead Technology Park


PASSED AND APPROVED THIS 16TH DAY OF MARCH, 2021.