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0844RESOLUTION NO. 844 (#2-2024) A RESOLUTION EXPRESSING THE WILLINGNESS OF THE CITY OF JACKSONVILLE TO UTILIZE STATE AID STREET MONIES FOR THE CITY OF JACKSONVILLE STREET OVERLAY PROJECT: WHEREAS, the City of Jacksonville understands that State Aid Street Program funds are available city projects at the following participating ratios: Reconstruction/Resurfacing Construction of City Projects City projects programmed but not let to contract Work Phase Preliminary Engineering & Construction Engineering Right -of -Way Utilities Construction All Phases State Aid% Ci %o 100% -0- -0- 100% -0- 100% 90% (Max. $300K) 10% (Balance) -0- 100% NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF JACKSONVILLE, ARKANSAS, THAT: SECTION ONE: The City will participate in accordance with its designated responsibilities in this project. SECTION TWO: The Mayor, or his designee, is hereby authorized and directed to execute all appropriate agreements and contracts necessary to expedite the construction of this city project. SECTION THREE: The City agrees upon completion of the project to assume the maintenance of the right-of-way by City Forces and/or others including utilities and individuals in accordance with the prevailing Arkansas Department of Transportation regulations. SECTION FOUR: The City pledges its full support and hereby authorizes the Arkansas Department of Transportation to initiate action to implement this project. APPROVED AND ADOPTED THIS 18TH DAY OF JANUARY, 2024. CITY OF JACKSONVILLE, ARKANSAS WiFILMORE, MAYOR RESOLUTION NO. 844 (42-2024) Page Two ATTEST: APPROVED AS TO FORM: STEPHANIE FRIEDMAN, CITY ATTORNEY