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RES NO 02-05-2015 CITY OF VAN BUREN,ARKANSAS RESOLUTION NO. - J -2015 BE IT ENACTED BY THE CITY COUNCIL,FOR THE CITY OF VAN BUREN,ARKANSAS, A RESOLUTION TO BE ENTITLED: A RESOLUTION EXPRESSING THE WILLINGNESS OF THE CITY OF VAN BUREN,ARKANSAS TO UTILIZE STATE AID STREET MONIES FOR THE 2e STREET OVERLAY PROJECT,AND FOR OTHER PURPOSES. WHEREAS, the City of Van Buren,Arkansas understands that State Aid Street Program funds are available for certain city projects at the following participating ratios: Work Phase State Aid% City% Reconstruction/Resurfacing Preliminary Engineering 100% -0- Construction of City Projects Right-of-Way -0- 100% Utilities -0- 100% Construction 100% -0- Construction Engineering 100% -0- City projects programmed, All Phases -0- 100% but not let to contract NOW,THEREFORE,BE IT RESOLVED BY THE CITY COUNCIL OF VAN BUREN, ARKANSAS,THAT: SECTION 1: The City will participate in accordance with its designated responsibilities in this project. SECTION 2: The Mayor is hereby authorized and directed to execute all appropriate agreements and contracts necessary to expedite the construction of this city project. SECTION 3: 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 State Highway and Transportation Department regulations. SECTION 4: The City pledges its full support and hereby authorizes the Arkansas State Highway and Transportation Department to initiate action to implement this project. IN WITNESS WHEREOF,the City of Van Buren,Ar .. . ,by its City Council,did pass,approve, and adopt, by a vote of (p for and 0 against the foregoing 'esol,tion at its regular meeting held on the 26th day of February 2015. -11[ RoI-it D. ---n.i Maa A ESTED: " '•' 1 t F I . etAhla3 ..010FilApp ipAL Barbie Curtis . dice A.Settle City Clerk/Treasurer City Attorney