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A RESOLUTION BY THE CITY OF JONESBORO, ARKANSAS TO AMEND THE FY2024 BUDGET AND APPROPRIATE FUNDS FOR ADDITIONAL STREET OVERLAYS AND AMEND THE CONTRACT WITH ATLAS ASPHALT, INC. THE 2024 ASPHALT MILLING AND OVERLAYS FOR SELECTED CITY STREET PROJECTS
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WHEREAS, Atlas Asphalt is nearing completion of the current $1,000,000 overlay contract and believe an addition to the scope could be fulfilled in 2024, allowing for additional infrastructure investments to be considered; and
WHEREAS, the City of Jonesboro Street and Engineering Departments have identified multiple projects based off data provided by recently incorporated pavement management software; and
WHEREAS, Atlas Asphalt, Inc. has agreed to amend the 2024 Asphalt Milling and Overlays Selected City Street Project to include additional City streets; and
WHEREAS, the City of Jonesboro desires to amend the FY2024 budget to appropriate an additional $1,500,000 in Capital Improvement Funds for street overlays.
NOW THEREFORE BE IT RESOLVED BY THE CITY COUNCIL FOR THE CITY OF JONESBORO, ARKANSAS THAT:
Section 1: The FY2024 Budget / Capital Improvement Fund is amended to fund an additional $1,500,000 appropriation for street overlays.
Section 2: The City of Jonesboro shall amend the contract with Atlas Asphalt, Inc. to perform overlays for additional City streets.
Section 3: The Mayor, Harold Copenhaver, and City Clerk April Leggett, are hereby authorized by the City Council for the City of Jonesboro to execute all documents necessary to allocate funds and amend the contract with Atlas Asphalt, Inc.
PASSED AND APPROVED THIS 6TH DAY OF AUGUST 2024.