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A RESOLUTION EXPRESSING THE WILLINGNESS OF THE CITY OF JONESBORO TO UTILIZE FEDERAL-AID MONIES FOR THE FOLLOWING CITY PROJECT:
INSTALL TRAFFIC SIGNAL AT HIGHWAY 18 AND NESTLE 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 WORK WORK PHASE FEDERAL STATE CITY
SHARE SHARE MATCH
Traffic signals/intersection Construction &
Improvements: State Hwy Engineering 80% 10% 10%
System & City Cross Street
Right of way &
Utilities 0% 0% 100%
Projects programmed but not
let to contract All phase 0% 0% 100%
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 IMPLEMENT THIS PROJECT.
PASSED AND ADOPTED this 16th DAY OF AUGUST, 2004.