2136 RESOLUTION NO. 2 i3�
A RESOLUTION TO CONFIRM THE PAYMENT OF ENGINEERING AND
CONSTRUCTION EXPENSES ASSOCIATED WITH THE PROJECT
DESIGNATED AS INTERNATIONAL RAIL PORT LOGISTICS PARK(TIGER
IV GRANT FR-T11-0013-13).
WHEREAS, Section 3.08.040 of the West Memphis Municipal Code provides that the payment
or disapproval of any bills, debts or liabilities not covered by a previous appropriation and those
that exceed the amount of$50,000.00 shall require confirmation of the City Council; and
WHEREAS,the total engineering and construction expenses associated with the project
designated as International Rail Port Logistics Park, are expected to be approximately
$6,549,162.00 which are to be invoiced monthly in amounts in excess of$50,000.00; and
WHEREAS,the City of West Memphis must issue a check to the contractor prior to
requesting reimbursements from the federal government and confirmation of these expenditures
will streamline the ability of the City of West Memphis to pay the contractor and to seek
reimbursement;
NOW,THEREFORE,BE IT RESOLVED BY THE CITY COUNCIL OF THE
CITY OF WEST MEMPHIS,ARKANSAS,THAT the payment of monthly invoices for
engineering and construction expenses in amounts in excess of$50,000.00 associated with the
project designated as International Rail Port Logistics Park are hereby confirmed and approved
by the City Council for purposes of compliance with Section 3.08.040 of the West Memphis
Municipal Code. Such expenses shall not exceed the total amount of$6,549,162.00.
ADOPTED this LL_day of 2017.
WILLIAM H. JOHNSON, Mayor
ATTEST:
PHILLIP PAR6 City Clerk
SPONSORED BY:
RECEIVED
City Clews offlt*e
Date/Time µ-1� t
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