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153601 RESOLUTION NO. 15,360 2 3 A RESOLUTION EXPRESSING THE WILLINGNESS OF THE CITY OF 4 LITTLE ROCK, ARKANSAS, TO PARTNER WITH THE ARKANSAS 5 DEPARTMENT OF TRANSPORTATION FOR JOB NO. 061706, 6 INTERSTATE 440 AND FOURCHE DAM PIKE INTERCHANGE 7 IMPROVEMENTS; AND FOR OTHER PURPOSES. 8 9 WHEREAS, Act 1 of the 90" General Assembly's Third Extraordinary Session established the 10 Arkansas Highway Improvement Plan of 2016, which provides funding to help address highway 11 construction needs of the State of Arkansas; and, 12 WHEREAS, a portion of Act 1 funding includes 25% of State Surplus Funds; and, 13 WHEREAS, the amount of State Fiscal Year 2019 State Surplus funds exceeded projections, which 14 resulted in additional funding being made available for highway improvements beyond what was 15 anticipated; and, 16 WHEREAS, in February 2020, the Arkansas Highway Commission passed Minute Order 17 No. 2020-004 authorizing the Arkansas Department of Transportation (ArDOT) to dedicate up to Fifteen 18 Million Dollars ($15,000,000.00) in Act 1 Surplus Funding received by ArDOT to be used to support 19 projects that promote economic development and economic competitiveness; and, 20 WHEREAS, the Arkansas Economic Development Commission, in conjunction with the City of Little 21 Rock, Pulaski County and the Little Rock Port Authority, requested that ArDOT One Million Dollars 22 ($1,000,000.00) of the Act 1 Surplus Funds to support infrastructure improvements that will be needed to 23 safely and efficiently handle increased traffic volumes associated with the new Amazon facility at the Port 24 of Little Rock; and, 25 WHEREAS, it has been determined that the City of Little Rock will be responsible for handling all 26 phases of the project; and, 27 WHEREAS, ArDOT will assist with any coordination necessary with the Federal Highway 28 Administration and other agencies as necessary; and, 29 WHEREAS, Arkansas Highway Commission Minute Order No. 2020-057 authorized ArDOT's 30 Director to commit One Million Dollars ($1,000,000.00) from the State Fiscal Year 2019 State Surplus 31 Funds for construction of this project; and, 32 WHEREAS, the City will be responsible for the costs associated with all other phases of the project 33 and any construction costs beyond the One Million Dollars ($1,000,000.00) provided by ArDOT. 34 [Page 1 of 21 1 2 3 4 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 31 32 33 34 35 NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE CITY OF LITTLE ROCK, ARKANSAS, THAT: Section 1. The City will participate in accordance with its designated responsibilities as described above. Section 2. The Mayor, or his designated representative, is hereby authorized and directed to execute all appropriate agreements and contracts necessary to expedite construction of this project. Section 3. The City pledges its full support and hereby requests that the Arkansas Department of Transportation initiate action to assist in implementation of this project. Section 4. Severability. In the event any title, section, paragraph, item, sentence, clause, phrase, or word of this resolution is declared or adjudged to be invalid or unconstitutional, such declaration or adjudication shall not affect the remaining portions of the resolution which shall remain in full force and effect as if the portion so declared or adjudged invalid or unconstitutional was not originally a part of the resolution. Section 5. Repealer. All laws, ordinances, resolutions, or parts of the same, that are inconsistent with the provisions of this resolution, are hereby repealed to the extent of such inconsistency. ADOPTED: December 1, 2020 Clerk LEGAL FORM: Thomas M. Carpenter, H H H H H H H H H H H Atto APPROVED: Frank Scott, Jr., mer [Page 2 of 2]