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RESOLUTION AUTHORIZING THE CITY OF JONESBORO TO ENTER INTO AN AGREEMENT OF UNDERSTANDING WITH THE ARKANSAS DEPARTMENT OF TRANSPORTATION (ARDOT) FOR THE FY 2020 TRANSPORTATION ALTERNATIVE PROGRAM (TAP) - JONESBORO DOWNTOWN TO ASU CONNECTION - PH. 2 (JOB 101117)
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WHEREAS, the City of Jonesboro was awarded the FY 2020 Transportation Alternative Program Grant in the amount of $518,750 of which $415,000 are Federal-aid funds (80%); and
WHEREAS, the City of Jonesboro will match the Federal-aid funds with $103,750 in local funds; and
WHEREAS, the City of Jonesboro will accept all accounting, reporting, and project responsibilities for said grant; and
WHEREAS, the City of Jonesboro will use said funds for the construction of Ph. 2 the Downtown to ASU Bike/Pedistrian trail as part of the Greenway Trailway, a master trail system that will provide pedestrian and bicycle accessibility to the recreational complexes throughout the City.
NOW THEREFORE BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF JONESBORO, ARKANSAS THAT:
SECTION 1: The City of Jonesboro will enter into an Agreement of Understanding with the Arkansas Department of Transportation for the Jonesboro Downtown to ASU Connection Ph. 2 in the amount of $518,750; and
SECTION 2: The Mayor, City Clerk, and the City Attorney are hereby authorized by the City Council for the City of Jonesboro to execute all documents necessary to effectuate this contractual agreement.
PASSED AND APPROVED THIS 2ND DAY OF FEBRUARY, 2021.