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1922RESOLUTION NO. I ~ a ~ A RESOLUTION APPROVING A GRANT FROM THE FEDERAL AVIATION ADMINISTRATION IN THE AMOUNT OF $176,357.00, FOR PROJECT NUMBER 3-05-0065-021-2009 AUTHORIZING THE MAYOR AND CITY CLERK TO EXECUTE DOCUMENTS TO OBTAIN THE GRANT, APPROVING EXPENDITURES, AND FOR OTHER PURPOSES. WHEREAS, the City of West Memphis and the West Memphis Municipal Airport Commission have been approved for assistance under the Airport Improvement Program, as authorized by the Airport and Airway Improvement Act of 1982, as amended by the Airport and Airway Safety and Capacity Expansion Act of 1987, and/or the Aviation Safety and Noise Abatement Act of 1979; and WHEREAS, the Federal Aviation Administration has allocated for the West Memphis Municipal Airport a grant in the total amount of $176,357.00, for project number 3-OS-0065-021- 2009 to be used for the purpose of acgyiring land for development; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WEST MEMPHIS, ARKANSAS, THAT the grant from the Federal Aviation Administration in the amount of $176,357.00 for project number 3-OS-0065-021-2009 is hereby approved and accepted and the Mayor and the City Clerk are hereby authorized to execute the necessary documents to obtain the grant; and FURTHER, BE IT RESOLVED that, for purposes of Section 3.08.040 of the West Memphis Municipal Code, project number 3-OS-0065-021-2009 may require expenditures of said grant funds in excess of $50,000 and such expenditures are hereby authrozed and confirmed by the City Council. ADOPTED this Z ~ day of ~I(~ ~~/ , 2009. WILLIAM H. JOH SON, MAYOR ATTEST: PH I A, CITY CLERK SPONSORED BY: RECEIVED City Clerk's 0-ffice Date/1'ime o5 ~~ ~g ~:~oP~.