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0732RESOLUTION NO, 732 (#08 - 2015) A RESOLUTION EXPRESSING WILLINGNESS OF THE CITY OF JACKSONVILLE TO UTILIZE STATE AID STREET MONIES FOR THE NORTH JAMES & FIRST STREET OVERLAYS; AND, FOR OTHER PURPOSES, WHEREAS, the City of Jacksonville understands that State Aid Street Program funds are available for certain City Projects at the following participating ratios: Reconstruction and Work Phase Preliminary Engineering State Share 100% City Share Resurfacing Construction Right -of -Way -0- -0- 100% Of City Projects Utilities -0- 100% Construction 90% 10% Construction City projects Engineering 100% -0- programmed but not let to contract All Phases -0- 100% NOW, THEREFORE, SETT RESOL VED BY THE CITYCOUNCIL OF THE CITY OF JACKSONVILLE, ARKANSAS, THA T. SECTION ONE, The City of Jacksonville, Arkansas, will participate in accordance with its designated responsibilities in these Projects, together with commitment for the appropriation of the required funds to pay the City's proportional share of the Project. SECTION TWO: The Mayor, or his authorized designee, is hereby directed to execute all appropriate agreements and contracts necessary to expedite participation, development, and construction of these City Projects. SECTION THREE. The City agrees that, upon completion of the Projects, to assume the maintenance of the Right -of -Way with City crews and/or others, including utilities and individuals, all in accordance with the prevailing Arkansas State Highway and Transportation Department regulations. C,7 �, S7 RESOLUTION NO. 732(#08-2015) Page Two SECTION FOUR; The City pledges its full support and hereby authorizes the Arkansas State Highway and Transportation Department to initiate action to implement these Projects. APPROVED AND ADOPTED THIS DAY OF OCTOBER, 2015. MAYOR GAR YFLETCHER ATTEST SUSANDAVI7T, CITY CLERK APPROVED AS TO FORM,• ROBERT E. BAMBURG, CITYATTORNEY PULLED FROM THE AGENDA -DEEMED NOT NECESSARY