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RESOLUTION EXPRESSING THE WILLINGNESS OF THE CITY OF JONESBORO TO UTILIZE FEDERAL-AID TRANSPORTATION ALTERNATIVES PROGRAM FUNDS
BODY
WHEREAS, the City of Jonesboro understands federal-aid transportation alternative funds are available at 80% federal participation and 20% local match to develop the Craighead Forest Park Trailway; and
WHEREAS, the City of Jonesboro understands that federal-aid funds are available for the project on a reimbursable basis, requiring work to be accomplished and proof of payment prior to actual monetary reimbursement; and
WHEREAS, the project, using federal funding, will be open and available for use by the general public and maintained by the applicant for the life of the project; and
WHEREAS, the City of Jonesboro is applying for $625,000 for phase 2 construction of the Craighead Forest Park Trailway and will be responsible for 20% of the amount awarded up to $125,000.
NOW, THEREFORE, BE IT RESOLVED BY the City of Jonesboro that:
SECTION 1: The City of Jonesboro will participate in accordance with its designated responsibility, including maintenance of this project.
SECTION 2: At time of a grant award, an agreement will be brought back before council for final approval, at which time, the Mayor and City Clerk will be authorized and directed to execute all appropriate agreements and contracts necessary to expedite the construction of the above stated project.
SECTION 3: The City Council pledges its full support and hereby authorizes the City of Jonesboro to cooperate with the Arkansas State Highway and Transportation Department to initiate action to implement this project.
PASSED AND APPROVED this 17th day of March, 2015.