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1634RESOLUTION NO. ~ 63y A RESOLUTION APPROVING THE NEW PUBLIC HIGHWAY CROSSING AGREEMENT AND FOR OTHER PURPOSES. WHEREAS, an agreement with Union Pacific Railroad Company is necessary in order for the South Loop Project to cross the railroad tracks operated by Union Pacific Railroad Company; and WHEREAS, the City of West Memphis and Union Pacific Railroad Company have negotiated an agreement entitled New Public Highway Crossing Agreement for the South Loop Project to cross the railroad and a copy of said agreement has been presented to the West Memphis City Council; and WHEREAS, the West Memphis City Council finds that the New Public Highway Crossing Agreement is in the best interests of the City of West Memphis and should be approved and the Mayor and the City Clerk should be authorized to execute said agreement on behalf of the City of West Memphis; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WEST MEMPHIS, ARKANSAS, THAT the New Public Highway Crossing Agreement between the City of West Memphis and Union Pacific Railroad Company is hereby approved and the mayor and City Clerk are hereby authorized to execute said agreement on behalf of the City of West Memphis. ADOPTED this 2nd day of December, 1999. WILLIAM H. JOHN ,MAYOR ATTEST: ..._... _... -- _. _~ ----- - . PHILLII' ,CITY CLERK s~