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1439FEDERAL-AID PROJECT RESOLUTION RESOLUTION NO. I~39 A RESOLUTION EXPRESSING THE WILLINGNESS OF THE CITY OF WEST MEMPHIS TO UTILIZE FEDERAL-AID MONIES FOR THE FOLLOWING CITY PROJECT: j L Construction of South Loop on New Location from Highway 70, South and West to South Eighth Street. WHEREAS, the City of West Memphis understands Federal-aid Surface Transportation Program funds are available for certain city projects at the following federal participating ratios: Work Phase Federal Share City Match 1. Traffic Signals Construction & 100% 0 Engineering 2. Roadway & Br. Construction on Preliminary 0 100% City Streets Engineering Right-of--Way & 80% 20% Utilities Construction & 80% 20% Const. Engineering 3. City projects programmed but All Phases 0 100% not let to contract NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WEST MEMPHIS, ARKANSAS, THAT: SECTION I: The City will participate in accordance with its designated responsibilities 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 this city project. SECTION III: The City pledges its full support and hereby authorizes the Arkansas State Highway and Transportation Department to initiate action to implement this project. THIS RESOLUTION adopted this 5T day of ~~~E , 1995. Mayor ATTEST: (SEAL) RECEIVES ~°' CITY CLERK OFFICE TE n1a.. ~4 ~gg5~l:lva~- ,~u, w