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0701RESOLUTION NO, 701 (#10 - 2013) A RESOLUTION AUTHORIZING THE CITY OF JACKSONVILLE TO ENTER INTO A JOINT COOPERATIVE AGREEMENT WITH PULASKI COUNTY, ARKANSAS; AND, FOR OTHER PURPOSES, WHEREAS, the City of Jacksonville, Arkansas, and Pulaski County, Arkansas, have determined that improvements to the West Main and Harris Road intersection, upon which a roundabout is to be constructed, should be done as a joint venture between the Two (2) government entities to maximize available funds and increase improvements to the intersection and traffic flow for the area; and, WHEREAS, to insure construction of such a Project in such a manner, the City should enter into a Joint Cooperative Agreement with the County, as authorized under ACA § 25-20-101 et. seq., to obtain a contribution from Pulaski County, Arkansas, of Two Hundred Fifty Thousand Dollars ($250,000.00) for the Project. NOW, THEREFORE, BE ITRESOLVED5YTHE CITY COUNCIL OFTHE CITY OF JACKSONVILLE, ARKANSAS, THAT: SECTION ONE; The Mayor is hereby authorized to enter into a Joint Cooperative Agreement on behalf of the City of Jacksonville, Arkansas, to obtain a contribution of Two Hundred Fifty Thousand Dollars ($250,000.00) from Pulaski County, Arkansas, for the West Main and Harris Road Intersection Improvements Project. SECTION TWO: Any and all other Resolutions in conflict herewith are hereby repealed to the extent of said conflict.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. RESOLUTION NO, 701 (#10 - 2013) Page Two APPROVED AND ADOPTED THIS 15th DAY OFAUGUST, 2013. CITY OF -JACKSONVILLE. ARKANSAS MAY ATTEST.• Y 000159