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A RESOLUTION OF THE CITY OF JONESBORO, ARKANSAS TO ENTER INTO AN AGREEMENT WITH TRAC-WORK, INC. FOR THE CRAIGHEAD TECHNOLOGY PARK INDUSTRIAL RAIL YARD EXPANSION PROJECT - SECTION II TRACK CONSTRUCTION (2022:10)
WHEREAS, the City of Jonesboro desires to accept the low bid and enter into a contract for the Craighead Technology Park Industrial Rail Yard Expansion project - Section II Track Construction;
WHEREAS, the low bidder and the firm selected for the project is Trac-Work, Inc.; and
WHEREAS, the funding for the execution of the contract shall come from the United States Department of Commerce Economic Development Administration (EDA) FY 2020 Public Works and Economic Adjustment Assistance Grant and Delta Regional Authority Grant and compensation shall be paid in accordance with the agreement.
NOW, THEREFORE BE IT RESOLVED, BY THE CITY COUNCIL OF THE CITY OF JONESBORO, ARKANSAS;
Section 1: That the City of Jonesboro shall accept the low bid and enter into a contract with Trac-Work, Inc. for the Craighead Technology Park Industrial Rail Yard Expansion project - Section II Track Construction.
Section 2. The funding for the execution of the contract shall come from the United States Department of Commerce Economic Development Administration (EDA) FY 2020 Public Works and Economic Adjustment Assistance Grant and Delta Regional Authority Grant and compensation shall be paid in accordance with the agreement.
Section 3. The Mayor and the City Clerk are hereby authorized by the City Council for the City of Jonesboro to execute all documents necessary to effectuate the agreement.
PASSED AND APPROVED THIS 19TH DAY OF APRIL 2022.