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HomeMy WebLinkAbout16764 1 RESOLUTION NO. 16,764 2 3 A RESOLUTION TO AUTHORIZE THE CITY MANAGER TO EXECUTE 4 A SUPPLEMENT TO THE AGREEMENT OF UNDERSTANDING AND 5 AMEND THE AUTHORIZED CONTRIBUTION TO THE ARKANSAS 6 DEPARTMENT OF TRANSPORTATION, FOR INTERSECTION 7 IMPROVEMENTS TO ASHER AVENUE,COLONEL GLENN ROAD,AND 8 UNIVERSITY AVENUE; AND FOR OTHER PURPOSES. 9 10 WHEREAS, Little Rock,Ark. Resolution No. 14,458(December 6,2016), as adopted by the 11 Little Rock Board of Directors, expressed the intent to contribute $600,000.00 and 10% set aside 12 for city-wide projects from the 2013 Capital Improvement Bonds for Streets and Drainage for 13 intersection improvements to Asher Avenue/Col Glenn Road/University Avenue; and, 14 WHEREAS, In February of 2017, the City of Little Rock entered into an Agreement of 15 Understanding with the Arkansas State Highway and Transportation Department(now referred to 16 as ARDOT) for the implementation of Job 061510, Highway 70/Highway 5/University Avenue 17 Intersection Improvements and agreed to contribute $600,000.00 towards the overall cost of the 18 project; and, 19 WHEREAS, signal equipment at the intersection was subsequently damaged by a lightning 20 strike and staff subsequently requested that ARDOT include replacement of the damaged 21 equipment in the scope of the project; and, 22 WHEREAS, ARDOT has subsequently included the equipment replacement in the project 23 scope, adjusted the project estimate for cost escalations and requested a supplement to the 24 Agreement of Understanding for Job 061510 and an increase in the City's contribution in the 25 amount of Five Hundred Fifty-Two Thousand, Three Hundred Eighty Dollars and Zero Cents, 26 ($552,380.00) for a total contribution of One Million, One Hundred Fifty-Two Thousand, Three 27 Hundred Eighty Dollars and Zero Cents,($1,152,380.00). 28 NOW,THEREFORE,BE IT RESOLVED BY THE BOARD OF DIRECTORS OF 29 THE CITY OF LITTLE ROCK,ARKANSAS: 30 SECTION 1. The City Manager is hereby authorized to execute a supplement to the 31 Agreement of Understanding for Job 061510 and an increase in the City's contribution in the 32 amount of Five Hundred Fifty-Two Thousand, Three Hundred Eighty Dollars and Zero Cents 33 ($552,380.00) for a total contribution of One Million, One Hundred Fifty-Two Thousand, Three 34 Hundred Eighty and Dollars and Zero Cents,($1,152,380.00). Page 1 of 21 1 Section 2. Funding for this project is from the %th Cent Capital Improvement Sales and 2 Compensating Use Tax funds, and the 2018 Capital Improvement Bonds as authorized by Little 3 Rock, Ark. Resolution 14,803. Account Activity Number is TSOB129. 4 Section 3. Severability. In the event any title, section, paragraph, item, sentence, clause, 5 phrase, or word of this resolution is declared or adjudged to be invalid or unconstitutional, such 6 declaration or adjudication shall not affect the remaining portions of the resolution which shall 7 remain in full force and effect as if the portion so declared or adjudged invalid or unconstitutional 8 was not originally a part of the resolution. 9 Section 4. Repealer. All laws, ordinances, resolutions, or parts of the same, that are 10 inconsistent with the provisions of this resolution, are hereby repealed to the extent of such 11 inconsistency. 12 ADOPTED: August 5,2025 13 ATTEST: APPROVED: 14 15 A 1110i0 '-a,,, 1,,, /J ..__ 16 Allison Segars, City Clerk Frank Scott,Jr., Mayor 17 APPROVED AS TO FORM: 18 19 h44V-sal ' c4737--... 20 Thomas M. Carpenter, City Attorney 21 // 22 // 23 // 24 // 25 // 26 // 27 // 28 /I 29 // 30 // 31 // 32 // Page 2 of 2]