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RES NO 10-03-2000 CITY OF VAN BUREN, ARKANSAS RESOLUTION NO./j<9 -2000 A RESOLUTION AUTHORIZING THE MAYOR TO ENTER INTO A CONTRACT FOR THE CONSTRUCTION OF RENA ROAD EAST, AND TO PAY FOR THE COST OF ENGINEERING AND OTHER EXPENSES FOR SAID ROAD. WHEREAS. The Mayor has executed a Contract with property owners for the construction of Rena Road East; and WHEREAS, The Contract obligates the City of Van Buren to pay for the cost of engineering for the construction of the road and other expenses; and WHEREAS, The Council feels that the construction of said road will benefit the citizens of the City of Van Buren; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF VAN BUREN, ARKANSAS: SECTION 1: The Mayor is authorized to enter into a contract for the construction of Rena Road East and to pay for expenses not to exceed 540,000.00 related to that construction out of the Street Fund. PASSED AND APPROVED THIS 64-DAY OF OCTOBER, 2000. M 7 OR.JO r GGS ATTESTED: CITY CLERK/TREASURER 0