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A RESOLUTION EXPRESSING THE WILLINGNESS OF THE CITY OF JONESBORO TO ENTER INTO AN AGREEMENT OF UNDERSTANDING WITH THE ARKANSAS STATE HIGHWAY AND TRANSPORTATION DEPARTMENT RELATED TO THE RECREATIONAL TRAILS PROGRAM
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WHEREAS, THE City of Jonesboro agreed to submit an application to the Arkansas Highway Departments 2009 Arkansas Recreational Trails Program (see RES-09:081); and
WHEREAS, funding was requested to continue construction of the Turtle Creek Greenway (see documents associated with file number RES-09:081); and
WHEREAS, funding has been approved in the amount of $72,865, with a Federal share of $60,721 and a local match of $12,144 (80%/20% split); and
WHEREAS, an existing appropriation of funds for this award is included in the Grants Fund of the 2010 budget for the City of Jonesboro; and
WHEREAS, the local match is being funded with $5000 provided for the Bikes Belong Grant and $7144 from existing appropriations of the City of Jonesboro.
NOW THEREFORE BE IT RESOLVED BY THE CITY COUNCIL FOR THE CITY OF JONESBORO, ARKANSAS THAT:
Section 1: Mayor Harold Perrin and the City Clerk are hereby authorized and directed to execute the agreement of understanding related to the above stated project.
Section 2: Existing appropriations in the Grants Fund of the 2010 adopted budgeted are utilized for this project.
PASSED AND APPROVED this 16th day of February, 2010.