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RES NO 03-06-2000 RESOLUTION NO. 3-(0 A RESOLUTION EXPRESSING THE WILLINGNESS OF THE CITY OF VAN BUREN, ARKANSAS (Sponsor) TO UTILIZE FEDERAL -AID ENHANCEMENT MONIES WHEREAS, THE CITY OF VAN BUREN, ARKANSAS understands Federal -aid Surface (Sponsor's Governing Authority) Transportation Enhancement funds are available at 80% federal participation and 20% local cash match for the following project: PHILLIPS LANDING RIVER WALK NOW, THEREFORE, BE IT RESOLVED BY THE CTTY 01? VAN BDREN, ARKANSAS (Sponsor's Governing Authority) THAT: SECTION I: THE CITY OF VAN BUREN, ARKANSAS will participate in (Sponsor) accordance with its designated responsibility, including maintenance of this project. his SECTION II: THE MAYOR OF THE CITY 01? VAN BUREN, AR or,filiedesignee is (Title of Sponsor's CEO /CAO) hereby authorized and directed to execute all appropriate agreements and contracts necessary to expedite the construction of the above stated improvement. SECTION III: THE CTTY OF VAN BIIREN, ARKANSAS pledges its full (Sponsor's Governing Authority) support and hereby authorizes the Arkansas State Highway and Transportation Department to initiate action to implement this project. THIS RESOLUTION adopted this 70Th day of MARCH 2000. Xi tk &Qat 'Lk onsor's O/CAO) ATTEST:' ,*0t_ i CITY CLERK— TREASURER