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15039 1 RESOLUTION NO. 15,039 2 3 A RESOLUTION TO EXPRESS THE WILLINGNESS OF THE CITY OF 4 LITTLE ROCK, ARKANSAS, TO PARTICIPATE IN A COST SHARING 5 AGREEMENT WITH THE UNIVERSITY OF ARKANSAS FOR MEDICAL 6 SCIENCES FOR IMPROVMENTS TO PINE STREET; AND FOR OTHER 7 PURPOSES 8 9 WHEREAS,the University of Arkansas for Medical Sciences(UAMS)has developed plans to address 10 safety,traffic flow,parking,drainage,beautification and border establishment for the UAMS Campus;and, 11 WHEREAS, the project includes constructing arterial street improvements to Pine Street in the area 12 between Markham Street and Interstate 630 and the abandonment of Cedar Street;and, 13 WHEREAS,it is desirable for the City to partner with and participate in the cost for improvements to 14 Pine Street. 15 NOW,THEREFORE,BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE CITY 16 OF LITTLE ROCK,ARKANSAS: 17 Section 1. The City will participate in the Pine Street Improvement Project in an amount not to exceed 18 Four Million, Six Hundred Thirteen Thousand, Eight Hundred Seventy-Five Dollars ($4,613,875.00) in 19 accordance with the cost estimate and proposal prepared by UAMS. 20 Section 2. The City Manager, or his designee, is hereby authorized and directed to execute all 21 appropriate agreements and payments necessary to expedite the construction of this project. 22 Section 3. Funding for the City's share of this project is from the Street Fund Special Projects. 23 Section 4. Severability. In the event any title, section, paragraph, item, sentence, clause, phrase, or 24 word of this resolution is declared or adjudged to be invalid or unconstitutional, such declaration or 25 adjudication shall not affect the remaining portions of the resolution which shall remain in full force and 26 effect as if the portion so declared or adjudged invalid or unconstitutional was not originally a part of the 27 resolution. 28 Section 5. Repealer. All laws,ordinances, resolutions,or parts of the same,that are inconsistent with 29 the provisions of this resolution, are hereby repealed to the extent of such inconsistency. 30 ADOPTED: August 6,2019 31 d APPROVED: 32 33 . ► I 34 usa gra City Clerk Frank D. Scott,Jr., CD (Page 1 of 2] 1 APPROV D AS TO LEGAL FORM: 2 3 , . • / 4 Thomas M.Carpenter,City Attorn! 5 // 6 // 7 // 8 // 9 // 10 // 11 // 12 // 13 // 14 // 15 // 16 // 17 // 18 // 19 // 20 // 21 // 22 // 23 // 24 // 25 // 26 // 27 // 28 // 29 // 30 /I 31 // 32 // 33 // 34 // [Page 2 of 2]