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13742 1 RESOLUTION NO. 13,742 2 3 A RESOLUTION AUTHORIZING AN AGREEMENT WITH THE 4 ARKANSAS STATE HIGHWAY AND TRANSPORATION 5 DEPARTMENT FOR GRANT MATCH FUNDING OF THE MAIN 6 STREET OVERLAY PROJECT; AND FOR OTHER PURPOSES. 7 8 WHEREAS, the City of Little Rock applied for and was granted funding from the Arkansas State 9 Highway and Transportation Department's (AHTD) State Aid for Cities program on March 6, 2013, to 10 overlay and restripe Main Street from Interstate 630 to Roosevelt Road ; and 11 WHEREAS,the City is required to provide a 10% match of the total project costs 12 NOW,THEREFORE,BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE CITY 13 OF LITTLE ROCK,ARKANSAS: 14 Section 1. The City Manager is hereby authorized to execute an agreement with AHTD to construct 15 the improvements to Main Street with the City providing the 10%matching funds. 16 Section 2. Grant matching funding for the project is available from the Limited Tax General 17 Obligation Capital Improvement Bonds approved by City of Little Rock residents in 2012. Amount of 18 matching funds is Forty-Six Thousand Dollars($46,000.00). 19 Section 3. Severability. In the event any title, section, paragraph, item, sentence, clause, phrase, or 20 word of this resolution is declared or adjudged to be invalid or unconstitutional, such declaration or 21 adjudication shall not affect the remaining portions of the resolution which shall remain in full force and 22 effect as if the portion so declared or adjudged invalid or unconstitutional were not originally a part of the 23 resolution. 24 Section 4. Repealer. All laws, ordinances, resolutions, or parts of the same, that are inconsistent 25 with the provisions of this resolution, are hereby repealed to the extent of such inconsistency. 26 ADOPTED: July 16,2013 27 APPROVED• 28 � 29 II,:_ 30 Susa • , City Clerk Mark Stodola,Mayor 31 APPR k • . TO LEGAL FORM: 32 33 34 Thomas M. Carpenter,City AttdOney'' 35 II