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RES NO 09-01-2005 CITY OF VAN BUREN, ARKANSAS RESOLUTION NO. 1 -2005 AN AMENDED RESOLUTION EXPRESSING THE WILLINGNESS OF THE CITY OF VAN BUREN, CRAWFORD COUNTY, TO UTILIZE FEDERAL -AID MONIES TO INSTALL A TRAFFIC SIGNAL AT HIGHWAY 59 (SOUTH 4TH STREET) AT WOOD STREET. WHEREAS, The City Council of the City of Van Buren previously adopted Resolution 10 -1 -2004 approving participation in a traffic signal project with federal government; and WHEREAS, The percentage of funds to be matched by the City under the project was inaccurately reflected as 20% when the City's actual share will be 10 as set out in the following table: Federal State City Type of Work Work Phase Share Share Match Traffic Signals/Intersection Construction 90% 0% 10% Improvements: Engineering State Highway System Right -of -Way 0% 0% 100% Utilities Projects programmed but All Phases 0% 0% 100% not let to contract NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF VAN BUREN, ARKANSAS, THAT: SECTION 1: Resolution 10 -1 -2004 is hereby amended to reflect the correct percentage of 10% as the City's share of this project and the City will participate in accordance with its designated responsibility in this project, which includes providing electrical service and maintenance of the traffic signal and associated control equipment. SECTION 2: The City is hereby authorized and directed to execute all appropriate agreements and contracts necessary to expedite the construction of this County project. 0 SECTION 3: The City pledges its full support and hereby authorizes the Arkansas State Highway and Transportation Department to initiate action to construct this City project. PASSED AND APPROVED THIS 11 DAY OF Afl'F,}}ib- 2005. APPROVED: JOHN RIGGS, MAO ATTEST: BARBIE CURTIS, CITY CLERK