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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 Highway 141 (South Culberhouse Street) and Parker Road
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WHEREAS, THE CITY OF JONESBORO UNDERSTANDS FEDERAL-AID SURFACE TRANSPORTATION FUNDS ARE AVAILABLE FOR CERTAIN CITY PROJECTS AT THE FOLLOWING FEDERAL PARTICIPATING RATIOS:
TYPE OF WORK WORK PHASE FED SHARE STATE CITY
1. TRAFFIC SIGNALS CONSTRUCTION & 80 % 0% 20%
ENGINEERING
2. INTERSECTION IMP. CONSTRUCTION 80 % 0% 20%
ENGINEERING
RIGHT OF WAY & -0- -0- 100%
UTILITIES
4. CITY/COUNTY ALL PHASES -0- -0- 100 %
PROJECTS PROGRAMED
BUT NOT LET
TO CONTRACT
NOW THEREFORE, BE IT RESOLVED BY THE CITY'S GOVERNING BOARD OF THE CITY OF JONESBORO ARKANSAS, THAT:
SECTION ONE: THE CITY WILL PARTICIPATE IN ACCORDANCE WITH ITS DESIGNATED RESPONSIBILITY IN THIS PROJECT.
SECTION TWO: THE CITY IS HEREBY AUTHORIZED AND DIRECTED TO EXECUTE ALL APPROPRIATE AGREEMENTS AND CONTRACTS NECESSARY TO EXPEDITE THE CONSTRUCTION OF THIS CITY PROJECT.
SECTION THREE: THE CITY PLEDGES ITS FULL SUPPORT AND HEREBY AUTHORIZES THE ARKANSAS STATE HIGHWAY AND TRANSPORTATION DEPARTMENT TO INITIATE ACTION TO CONSTRUCT THIS CITY PROJECT.
PASSED AND ADOPTED this 5th DAY OF January, 2004.