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1221RESOLUTION N0. 1221 A RESOLUTION OF INTENT TO OBLIGATE FUNDS FOR THE WEST • MEMPHIS AND VICINITY DRAINAGE PROJECT OF THE U. S. CORP OF ENGINEERS. BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WEST MEMPHIS, ARKANSAS, THAT: SECTION 1. The City of West Memphis, Arkansas, will serve as local sponsor for the West Memphis and vicinity drainage project of the U. S. Corp of Engineers. SECTION 2. The City of West Memphis, Arkansas, hereby resolves to obligate an amount not to exceed $3,500,000.00 to be financed by funds through the West Memphis Utility Commission for the West Memphis and vicinity drainage project. ADOPTED this 20th day of August, 1990. ,~/~ ITH M. INGRAM, yor SPONSORED BY: ATTEST• DA CRAFT C't Clerk