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HomeMy WebLinkAbout174-90 RESOLUTIONRESOLUTION NO. 174-90 A RESOLUTION APPROVING CERTAIN WATER IMPROVEMENTS FOR SUNRISE MOUNTAIN AND AUTHORIZING. THE CITY TO PAY 75% OF SUCH COSTS IF THE SUNRISE MOUNTAIN PROPERTY OWNERS PAY 25% OF SUCH COSTS. BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE CITY OF FAYETTEVILLE, ARKANSAS: Section 1. That the Board of Directors hereby authorizes the Mayor and City Clerk to enter into an agreement with the Sunrise Mountain property owners to construct certain improvements to the Sunrise Mountain Water System. Section 2. That the aforementioned agreement shall be for minimum improvements to include the construction of 3,000 feet of 4 inch water main, a new booster pump, and 2,500 gallon pressure tank at an estimated cost not to exceed $80,000.00. • Section 3. That the aforementioned agreement shall commit the City to the payment of 75% of such costs contingent upon the Sunrise Property owners paying the remaining 25% but not more than $20,000.00. Section 4. That the aforementioned. agreement shall provide that ownership .and maintenance of the•;water system with improvements shall rest with the City of Fayetteville. Section 5., .The aforementioned water improvements shall be placed in the Capital Improvement Plan itd be done in 1991. . 4 PASSED AND APPROVED this• 6th day of, -,November • 4 1 -i% APPROVED: �Ltuy r r?, ^ &� .&ATTEST: Ay•/A: s;7'~. City /. Cle ; �f ,� . ^a . ' `,\\ •• ynN)) y By: ed; Mayor , 1990.