HomeMy WebLinkAbout110-86 RESOLUTIONRESOLUTION NO.
110-86
A RESOLUTION EXPRESSING THE WILLINGNESS
OF THE CITY OF FAYETTEVILLE TO MATCH FEDERAL
AID AND URBAN SYSTEM MONIES FOR THE
CONSTRUCTION OF RAZORBACK ROAD
FROM CATO SPRINGS ROAD TO FIFTEENTH STREET
WHEREAS, the City of Fayetteville understands additional
Federal Aid and Urban System funds are available for improvements
to the city streets; and
WHEREAS, the City understands that their matching portion
of this project will be 5% of the total cost, and should the
escrowed City matching funds be inadequate to cover the City's
obligation, the Department may cause this deficiency to be withheld
from the allotment of gasoline tax returnable to the City;
NOW THEREFORE BE IT RESOLVED BY THE CITY BOARD OF DIRECTORS
OF THE CITY OF FAYETTEVILLE, ARKANSAS, THAT:
SECTION I: The City of Fayetteville will participate
in accordance with its designated responsibility in this project.
SECTION II: The Mayor is hereby authorized and directed
to execute all appropriate agreements and contracts necessary
to expedite the construction of the improvements of city streets.
SECTION III: The City of Fayetteville pledges its full
support and hereby authorizes the Arkansas State Highway and
Transportation Department to initiate action to construct this
project.
THIS RESOLUTION adopted this 4th day of November, 1986.
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