RES NO 01-02-2020 CITY OF VAN BUREN,ARKANSAS
RESOLUTION NO. I - a►2020
BE IT ENACTED BY THE CITY COUNCIL, FOR THE CITY OF VAN BUREN,
ARKANSAS,A RESOLUTION TO BE ENTITLED:
A RESOLUTION TO AUTHORIZE THE MAYOR TO PROVIDE
FINANCIAL ASSISTANCE TO THE WESTERN ARKANSAS
INTERMODAL AUTHORITY FOR REGIONAL ECONOMIC
DEVELOPMENT.
WHEREAS, the City of Van Buren, Arkansas recognizes the need for regional economic development
cooperation; and
WHEREAS, the Western Arkansas Intermodal Authority (WAIA) was formed by the cities of Van
Buren and Fort Smith and the counties of Crawford and Sebastian to work toward
improving the area's effectiveness in transporting goods while enhancing the potential for
economic development in the region; and
WHEREAS, funding is necessary to continue the operations of WAIA and all members of WAIA are
asked to share equally in the operational cost of the entity; and
WHEREAS, the City of Van Buren budgeted funds in the 2020 city budget for such operations.
NOW,THEREFORE,BE IT RESOLVED BY THE CITY COUNCIL OF VAN BUREN,
ARKANSAS,THAT:
SECTION 1. The City of Van Buren,Arkansas fully supports WAIA and wishes to continue to support
WAIA and the economic development of our region.
SECTION 2. The Mayor of the City of Van Buren,Arkansas is hereby authorized and directed to make
payment in the amount of$20,000.00 as the city's equal share for continued operations of
WAIA.
IN WITNESS WHEREOF, the City of Van Buren, Arkansas, by its City Council, did pass,
approve, and adopt, by a vote of (Q for and o against,the foregoing Resolution at its regular meeting
held on the 27th day of January 2020.
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ATTESTED: APPR• D D . TO FO' 1
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January 3, 2020
The Honorable Joe Hurst
Mayor of Van Buren
1003 Broadway
Van Buren, AR 72956
INVOICE
With the Board of Director's approval of the 2020 Operating Budget to support the
Western Arkansas Intermodal Authority, please remit the amount of$20,000 to the
Western Arkansas Intermodal Authority.
Thank you for your continued financial support and please call should you need
additional information.
Sincerely,
S. ha Grist, Executive Director
Western Arkansas Intermodal Authority
Please remit payment to:
Western Arkansas Intermodal Authority
1109 So. 16th Street
Fort Smith, AR 72901
WAIA Inv. #01-04-0020