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0766RESOLUTION NO, 766.(#03 — 2018) A RESOLUTION EXPRESSING WILLINGNESS OF THE CITY OF JACI+;SONVILLE, ARKANSAS, TO UTILIZE STATE AID STREET MONIES FOR THE MAIN & JAMES. STREETS 0 VERLA YS; AND,. FOR OTHER PURPOSES; WHEREAS, the City of Jacksonville, Arkansas, in application for funding through the Arkansas State Aid Street. Program for overlay improvements available for certain City projects, understands. that State Aid Funds are available for the. Main and James..Streets Overlays in the following participating ratios: PROJECT PHASE STA TE CITY Reconstruction/Resurfacing Preliminary Engineering 100% 0% Construction of City Projects Right of Way 0% 100% utilities0% 100% Construction 90010 100/0 Construction Engineering 1000/0 0% City Projects Programmed 0% 100% But Not Let to Contract NOfN THEREFORE, 6E IT RESOLVED 6Y THE CITY COUNCIL OF THE CITY. OF JACKSONVILLE,.ARKANSAS; THAT . SECTION ONE; The City Council of the City of Jacksonville, Arkansas, will participate in the 2018 State Aid for City Street Program in accordance with its designated responsibility, including development, construction, and maintenance of overlays on Main and.James Streets. SECTION TWO: The Mayor and City Clerk are hereby authorized and directed to. execute a.11 appropriate agreements and contracts necessary to expedite the construction of the above stated Projects as outlined above and as required by any specific grant terms. SECTION THREE.- The City agrees that, upon completion of the. Projects, to. assume the maintenance of the Right of Way by the City :and/or others, including utilities and individuals in accordance with prevailing Arkansas State Highway & Transportation Department regulations. 5ECTIONFOUR The. City Council pledges its full support and hereby authorizes the City of Jacksonville to cooperate with. the Arkansas State Highway and Transportation Department to initiate action to implement this Project. Resolution No.. 766 (#03 —.2018) Page Two SECTION FIVE: Any other Resolutions in conflict. herewith are hereby repealed to the extent of said conflict. This Resolution shall be in effect from and after its date of passage... APPROVED.AND ADOPTED THIS 51H DAY OFAPR.14 2018. CITY OF JACKSONVrLLE, ARKANSAS CITY CLERIC