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13974RESOLUTION NO. 13,974 A RESOLUTION EXPRESSING THE WILLINGNESS OF THE CITY OF LITTLE ROCK, ARKANSAS, TO PARTNER WITH THE ARKANSAS HIGHWAY AND TRANSPORTATION DEPARTMENT FOR THE RODNEY PARHAM ROAD AND INTERSTATE 430 INTERCHANGE IMPROVEMENTS; AND FOR OTHER PURPOSES. WHEREAS, a traffic analysis has been completed that identified the need to improve traffic operations at the Rodney Parham Road and Interstate 430 interchange; and WHEREAS, the Arkansas Highway and Transportation Department is willing to handle all phases of the project; and WHEREAS, the City of Little Rock will be responsible for Seven Hundred Fifty Thousand Dollars ($750,000.00) of project costs. NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE CITY OF LITTLE ROCK, ARKANSAS, THAT: SECTION I: The City will participate in accordance with its designated responsibilities in this project. SECTION II: The City Manager or his designated representative is hereby authorized and directed to execute all appropriate agreements and contracts necessary to expedite the construction of this project. SECTION III: Funding for the project was authorized by Resolution No. 13, 699 and is available from the 2013 Capital Improvement Bonds for Streets and Drainage. SECTION III: The City pledges its full support and hereby requests that the Arkansas Highway and Transportation Department initiate action to implement this project. ADOPTED: October 6, 2014 APPROVED: 111/446/ ey, City Clerk Marg Stodola, Mayor AS TO LEGAL FORM: J illrY?�Z Bill Mann, Chief Deputy City Attorney