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A RESOLUTION EXPRESSING THE WILLINGNESS OF THE CITY OF JONESBORO TO MATCH FEDERAL AID AND URBAN SYSTEM MONIES FOR THE IMPROVEMENT OF CARAWAY ROAD
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WHEREAS, the City of Jonesboro understands additional Federal-Aid and Urban System funds are available for improvements to the city streets; and
WHEREAS, the City has determined that the top priority project is the widening of Caraway Road from E. Matthews to the ASU Campus, with improvement to the intersection of Caraway and Matthews.
WHEREAS, the City understands that their matching portion of this project will be 25% of the total cost, and should be escrowed City matching funds be inadequate to cover the City's obligation, the Department may cause this deficiency to be withheld from the allotment of gasoline tax returnable to the City;
NOW THEREFORE BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF JONESBORO, ARKANSAS, THAT:
SECTION I. The City of Jonesboro will participate in accordance with its designated responsibility in this project.
Section II. The Mayor is hereby authorized and directed to execute all appropriate agreements and contracts necessary to expedite the construction of the improvements on city streets.
Section III. The City of Jonesboro pledges its full support and hereby authorizes the Arkansas State Highway and Transportation Department to initiate action to construct this project.
THIS RESOLUTION adopted this 5th day of March, 1984.