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HomeMy WebLinkAbout98891 RESOLUTION NO. 9,889 2 3 4 A RESOLUTION AUTHORIZING THE CITY MANAGER TO TRANSFER 5 $202,000 FROM THE 1995 PARKS IMPROVEMENTS ACCOUNT TO THE 6 PARKS PLANNING AND IMPROVEMENTS ACCOUNT FOR 7 CONSTRUCTION OF THE JIMERSON CREEK BICYCLE AND 8 PEDESTRIAN BRIDGE AND AUTHORIZING THE CITY MANAGER TO 9 10 PAY $108,231.90 TO THE ARKANSAS HIGHWAY AND 11 TRANSPORTATION DEPARTMENT (AHTD) FOR THE CITY'S 20% 12 MATCH OF ISTEA FUNDS. 13 14 WHEREAS, as a result of a citizen initiative revoking a vehicle bridge crossing at Jimerson 15 16 Creek and approval to construct a bicycle and pedestrian bridge in lieu of the vehicle brige, staff 17 applied for ISTEA funds to finance construction of the bridge; and 18 WHEREAS, two applications were successful in the amount of $519,000 worth of funds to 19 begin Phase I and II of planning and implementation of a bikeway system; and 20 WHEREAS, bids for Phase I were obtained according to state procedures and Jenson 21 Construction Company of Des Moine, Iowa, hs been identified as the low bidder in the amount of 22 23 $515,390; and 24 WHEREAS, the AHTD will allow incorporation of Phase II project funds to support Phase 25 1 development; therefore the City's 20% match plus AHTD's 1% administration costs of the 26 $515,390 bid is $108,231.90. 27 NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF 28 29 THE CITY OF LITTLE ROCK, ARKANSAS: 30 SECTION 1. The City Manager is hereby authorized to transfer $202,000 from the 1995 31 Parks Improvements Account to the Parks Planning and Improvements Account for construction of 32 the Jimerson Creek Bicycle and Pedestrian Bridge. 33 SECTION 2. The City Manager is also authorised to pay $108,231.90 to the Arkansas 34 Highway and Transportation Department (AHTD) for the City's 20% match of ISTEA funds. 35 36 27 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 36 SECTION 3. Funding is available and will be transferred from 303 - 230 -0384 to 303 -230- 0407. ADOPTED: January 7, 1997 ATTEST: ClAcAL, ROBBIE HANCO K CITY CLERK APPROVED AS TO FORM: Oy Lf,0C(.A its( . Gt� THOMAS M. CARPENT CITY ATTORNEY APPROVED: BOG JI AILEY MAYOR W