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1413RESOLUTION N0. ~~13 A RESOLUTION EXPRESSING THE CITY'S WILLINGNESS TO PARTICIPATE WITH THE ARKANSAS STATE HIGHWAY AND TRANSPORTATION DEPARTMENT IN REPLACING THE NORTH AVALON BRIDGE OVER TEN MILE BAYOU AND AUTHORIZING THE FINAL PAYMENT OF THE CITY'S SHARE OF THE PROJECT BE PAID TO THE ARKANSAS STATE HIGHWAY AND TRANSPORTATION DEPARTMENT BY JANUARY 31, 1995. WHEREAS, the bridge over Ten Mile Bayou on North Avalon is in need of replacement; and WHEREAS, the City has made numerous repairs to it in recent years; and; WHEREAS, the Arkansas State Highway Department (AHTD) has agreed to include the bridge in its replacement program; and WHEREAS, the City has agreed to pay 20% of the cost of the bridge replacement cost; and WHEREAS, the AHTD has completed all design work, has acquired all needed right-of-ways, all utilities have been relocated, the project has been bid out and a low bid of $722,812 has been tentatively accepted by the AHTD; and WHEREAS, the City's share of the project will be $144,562; and WHEREAS, the City has already made a $10,000 payment in 1993 and will be able to make another $30,000 in 1994; and WHEREAS, the City's remaining share of $104,562 will be due in January, 1995; NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WEST MEMPHIS, ARKANSAS, THAT: The City pledges its full support and hereby authorizes the final payment of the City's remaining share of $104,652 by January 31, 1995. PASSED AND APPROVED this ~~ day of N~~pnA~e~ , ,,- ~~A 19~. ATTEST: i DAN CRAFT, City ~ KEI H M. INGRAM, May RECEaYED CITY CLERK OFF1C~ DATE ~l /~'q ~ ~ ~ ,~sf"'~ ~R ~~