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0801RESOLUTION NO. 801 (912-2020) A RESOLUTION EXPRESSING THE WILLINGNESS OF THE CITY OF JACKSONVILLE, ARKANSAS TO UTILIZE FEDERAL -AID FUNDS FOR THE FOLLOWING CITY OF JACKSONVILLE PROJECT: West Main Street Straip—litenin WHEREAS, the Central Arkansas Regional Transportation Study, Metroplan, has issued a call for Federal -aid Surface Transportation Block Grant Program Attributable funds for the project at the following Federal and City participating ratios, up to the maximum Federal -aid available: Type Work Work Phase Federal % City % Projects that reach construction Preliminary Engineering 80 20 Right -of -Way 80 20 Utilities 80 20 Construction 80 20 Construction Engineering 80 20 Projects that never progress to All Phases -0- 100 construction WHEREAS, the estimated total cost of this project is $1,447,800.00 and the City of Jacksonville, intends to submit an application for a grant to cover eighty percent of the project cost ($1,158,240.00); WHEREAS, the City of Jacksonville, recognizes that funding is contingent on the project's selected and award by the Metroplan Board of Directors; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF JACKSONVILLE, ARKANSAS: SECTION I: The City will participate in accordance with its designated responsibilities in this project. SECTION II: The Mayor or their designated representative 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 Department of Transportation and Metroplan to initiate action to implement this project. SECTION IV: The City is committed to providing the required match of twenty percent to the project and pledges to budget for this match requirement, estimated at $289,560.00. APPROVED AND ADOPTED THIS I ST DAY OF OCTOBER, 2020. Bob Johnson, Mayor Attest: Susan. City Clerk/Treasurer Approved as to Form: Stephanie Freidman, City Attorney