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RES NO 05-01-1992 CITY OF VAN BUREN, ARKANSAS RESOLUTION NO. 45 -1992 A RESOLUTION AUTHORIZING ENTERING INTO AN INTERLOCAL AGREEMENT WITH FORT SMITH, ARKANSAS. WHEREAS, There is an opportunity for the City of Van Buren to apply for grant assistance from the U.S. Economic Development Administration; and WHEREAS, It is advantageous to the City to make a joint application with the City of Fort Smith and, if needed, to coordinate implementation and administration with the City of Fort Smith: r NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF VAN BUREN, ARKANSAS: SECTION 1: That the Mayor and City Clerk are authorized to execute an Interlocal Agreement with the City of Fort Smith and to agree to the terms herein. PASSED AND APPROVED THIS 18TH DAY OF MAY 1992 an MAC ATTESTED: CITY CLERK TREASURER INTERLOCAL AGREEMENT BETWEEN THE CITIES OF FORT SMITH AND VAN BUREN RELATING TO THE SUBMISSION OF AN APPLICATION FOR AND THE IMPLEMENTATION OF AN EDA FUNDED SECTION 302(a) PLANNING PROJECT THIS INTERLOCAL AGREEMENT is made and entered into by and between the City of Fort Smith and the City of Van Buren, Arkansas. WITNESSETH: 0 WHEREAS, it is the desire of the two cities to undertake economic development planning focusing on the Fort Smith -Van Buren area which will provide direction to the cities in their efforts to improve their respective community's and the area's economic well- being; and WHEREAS, the cities recognize that such planning should logically be a joint and cooperative undertaking between the two cities; and WHEREAS, the cities recognize that an adequate planning effort will require a commitment of resources beyond what locally can be provided and that financial assistance from the U.S. Economic Develop- ment Administration should be sought and secured; and WHEREAS, it is the desire of the two cities to enter into this Interlocal Agreement setting forth the intentions and responsibilities of each party relating to the submission of an application to the U.S. Economic Development Administration requesting grant assistance under the EDA Section 302(a) Planning Program and the implementation and administration of the Project, if funded: NOW, THEREFORE, the parties hereto agree as follows: 1. The governing bodies of the two cities authorize the submission jointly by the cities of an application to the U.S. Economic Development Administration requesting grant assistance under the EDA Section 302(a) Planning Program and agree that the City of Fort Smith will be the lead applicant for submission purposes. 2. The Mayors of the cities are authorized to execute all necessary documents associated with the submission of the application and, if the grant is awarded, acceptance of the grant and administration of the project. 3. The City of Fort Smith shall be responsible for the administration of the project, including fiscal responsibility for the grant funds, any necessary contracting for services relating to the project, responsibility to oversee implementation of the project, required reporting to EDA, and grant closeout. 4. Both cities shall have representatives of their communities that will be actively involved and have input into the development of the plan. 5. This Agreement shall remain in force until abolished by the unanimous agreement of the parties to this Agreement, but if the project is funded, not before the terms of the project grant agreement with EDA have been met and the project completed. The governing bodies of each city hereby agree to the terms of this Agreement and authorize their respective chief executive officer to execute this Agreement. 0 APPROVED CITY OF VAN BUREN, ARKANSAS JP I2tS ee Attest: BY �i�iir.:G C ty Clerk- Treasurer Mayor, City o an Buren CITY OF FORT SMITH Attest: By: City Clerk Mayor, City of Fort Smith