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HomeMy WebLinkAbout123-84 RESOLUTIONRESOLUTION NO. '123-84 • A RESOLUTION AGREEING TO PAY TWENTY-FIVE (25) PER CENT OF THE COST OF IMPROVING AND SIGNALIZING INTERSECTION OF ARKANSAS HIGHWAY 265 NORTH WITH ARKANSAS HIGHWAY 45 EAST AND IMPROVING THE ARKANSAS HIGHWAY 16 EAST INTERSECTION. WHEREAS, the City of Fayetteville has requested the Arkansas Department of Highways and Transportation to improve and signalize the Intersection of Arkansas Highways 265 North with Arkansas Highway 45 East and to improve Arkansas Highway 16 East intersection; and WHEREAS, Federal urban assistance funds are available to pay seventy-five (75) per cent of said improvement costs NOW, IHEEEFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE CITY OF FAYETTEVILLE, ARKANSAS: Section 1: That the City of Fayetteville hereby agrees to pay twenty-five (25) per cent of the cost of improving and signalizing the Intersection of Arkansas Highway 265 North with Arkansas Highway 45 East and' improving the Arkansas Highway 16 East intersection. Section 2. That the Board of Directors hereby urges the Arkansas Department of Highways and Transportation to expedite said improvements. APPROVED this 16th day of October , 1984. ATTEST: APPROVED: By:(:;;;) Mayor