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RES NO 04-01-2010 RESOLUTION NO. 4 -act() A RESOLUTION EXPRESSING THE WILLINGNESS OF THE CITY OF VAN BUREN TO UTILIZE FEDERAL -AID FUNDS FOR THE Van Buren Intermodal Port Facility Access Improvements WHEREAS, the City of Van Buren understands Federal -aid I -Iigh Priority Project funds are available for access improvements to the Van Buren Intermodal Port Facility; and WHEREAS, funds are available at the following participating ratios: Work Phase Federal City Construction of City Preliminary Engineering 0 100 Projects Right -of -Way 80 20 Utilities 80 20 Construction 80 20 Construction Engineering 0 100 City projects programmed All Phases -0- 100 hut not let to contract NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF VAN BUREN, ARKANSAS, THAT: SECTION I: The City will participate in accordance with its designated responsibilities in this project. SECTION II: 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 III: The City pledges its full support and hereby authorizes the Arkansas State Highway and Transportation Department to initiate action to implement this project. THIS RESOLUTION adopted this t day of i i L 2010. s- mat Mayor ATTEST: ei4c6" (SEAL)