1992-11-01-R - Laserfiche WebLink

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e 03 AGREEMENT OF UNDERSTANDING • BETWEEN THE CITY OF Batesville ARKANSAS AND THE ARKANSAS STATE HIGHWAY AND TRANSPORTATION DEPARTMENT In Cooperation with the U. S. Department of Transportation Federal Highway Administration RELATIVE TO The installation and maintenance of traffic control signalization of Urban Arterial and Collector Routes eligible for Surface Trans- portation Program funds. WHEREAS, the Intermodal Surface Transportation Efficiency Act of 1991 provides 100% Federal-Aid funds for traffic control signalization improvements on Arterial and Urban Collector Routes, and WHEREAS, the City has expressed its desire to use Federal-Aid funds for an eligible project and to provide necessary matching for such funds, and WHEREAS, the City understands that the Department will adhere to the General Requirements for recipients and subrecipients concern- ing minority business enterprises as stated on the attachment, IT IS HEREBY AGREED that the City of , and the Arkansas Arkansas State Highway and Transportation Department, in cooperation with the Federal Highway Administration, will participate in a coop- erative program for implementation, and HEREBY, accept the responsibilities and assigned duties as described hereafter. THE CITY WILL: L. Be responsible for satisfactory maintenance and operation of all traffic signals and all other improvements on that portion of the project not on the Arkansas Highway System. Failure to adequately maintain and operate the facility in accordance with Federal-Aid requirements will result in withholding future Federal-Aid highway funds. :2 . Be responsible for 20% of the total project cost, of appraisal and acquisition of right-of-way, relocation services (when required) , adjustment of all man-made improvements including utilities.