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RES NO 04-09-2000 FEDERAL -AID PROJECT RESOLUTION RESOLUTION NO. L l A RESOLUTION EXPRESSING THE WILLINGNESS OF THE CITY OF VAN BUREN TO UTILIZE FEDERAL -AID MONIES FOR THE FOLLOWING CITY PROJECT: Sfrnalization of Highway 64 at 7` 11 IS` WHEREAS, The City of Van Buren understands Federal -Aid Surface Transportation funds are available for certain city projects at the following Federal participating ratios: Federal State City Type Work Work Phase Share Match Match Traffic Signals Construction 80% 10% 10% Engineering Intersection Construction 80% 10% 1 0% Improvements Engineering Right -of -Way 0% 0% 100% Utilities City All Phases 0% 0% 100% projects programmed but not let to contract NOW THEREFORE, BE IT RESOLVED BY THE CITY'S GOVERNING BOARD OF THE CITY OF VAN BUREN, ARKANSAS, THAT: SECTION I: The City will participate in accordance with its designated responsibility in this project. SECTION II: The City 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 construct this City project. THIS RESOLUTION adopted this 7 day of 40.4a, 2000 C(\• r MAYOR 'a ATTEST:. tra Lt jfa.