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HomeMy WebLinkAbout5510 RESOLUTION NO 5,510 A RESOLUTION AUTHORIZING AN AGREEMENT BETWEEN THE CITY OF LITTLE ROCK AND THE OFFICE OF THE COORDINATOR OF PUBLIC SAFETY OF THE STATE OF ARKANSAS; TRANSFERRING FUNDS; AND FOR OTHER PURPOSES BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE CITY OF LITTLE ROCK, ARKANSAS . SECTION 1. The Board of Directors of the City of Little Rock, Arkansas hereby authorizes the Mayor and City Clerk to execute an Agreement for and on behalf of the City of Little Rock with the Office of the Coordinator of Public Safety of the State of Arkansas for the implementation of a Stop and Yield sign study and replacement program in the City of Little Rock to insure that all existing Stop and Yield signs meet the mini- mum warrants established by the Uniform Manual on Traffic Control Devices of the Federal Government. The City ' s share of the total cost of this Program will be ten (10%) percent and not to exceed in the whole the sum of $24 , 000 . 00 arrived at by using the multiplier of 4, 000 replaced signes at a cost not to exceed the sum of $60 . 00 each. The City ' s share of the cost of this Program will be funded by transfers from Traffic Control Devices Account #2221-705 and #2221-215 and Street Maintenance Account #2212-302 . SECTION 2 . This Resolution shall be in full force and effect from and after its adoption . ADOPTED: March 18, 1976 ATTEST: Cit City i' APPROVED Q City Cler Assistant Mayor