File #: RES-21:046    Version: 1 Name: AMEND THE 2021 BUDGET TO INCLUDE GRANT FUNDING FROM THE FEDERAL RAILROAD ADMINISTRATION 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 FEDERAL RAILROAD ADMINISTRATION TO EXPAND RAIL INFRASTRUCTURE
Sponsors: Engineering, Grants, Finance
Indexes: Budget amendment, Contract, Grant
Related files: RES-20:244, RES-21:014

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A RESOLUTION TO AMEND THE 2021 BUDGET TO INCLUDE GRANT FUNDING FROM THE FEDERAL RAILROAD ADMINISTRATION TO EXPAND RAIL INFRASTRUCTURE

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WHEREAS, Resolution 21:014 authorized the Mayor and City Clerk to accept the award and to enter into an agreement with the Federal Railroad Administration; and

 

WHEREAS, the City of Jonesboro was awarded a grant from the Federal Railroad Administration in the amount of $2,335,400 (no city 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 $2,335,400 grant from the Federal Railroad Administration for the expansion of rail infrastructure at the Craighead Technology Park.

 

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