3317 RESOLUTION NO. 3 ,317
A RESOLUTION ACCEPTING THE BID OF THOMCO,
INC. , FOR THE CONSTRUCTION OF TWO (2)
BRIDGES IN SUNNYMEADE ADDITION TO THE
CITY OF LITTLE ROCK; AUTHORIZING THE
EXECUTION OF A CONTRACT FOR THE WORK;
AND FOR OTHER PURPOSES.
WHEREAS, pursuant to advertisement for bids for the
construction of two (2) bridges in Sunnymeade Addition to
the City of Little Rock, Arkansas, according to plans and
specifications on file in the office of the Director of
Public Works of the City of Little Rock, bids were received
and opened, all according to law; and
WHEREAS, the lowest responsible and responsive bid was
submitted by Thomco, Inc. , of Little Rock, Arkansas, in the
sum of Ten Thousand Five Hundred Seventy-Eight and 50/100
Dollars ($10, 578.50) ; and
WHEREAS, it is the desire of the Board of Directors of
the City of Little Rock to accept the bid of Thomco, Inc. ,
and to authorize a contract with the said bidder for the
performance of the work;
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS
OF THE CITY OF LITTLE ROCK, ARKANSAS:
SECTION 1. The bid of Thomco, Inc. , in the sum of Ten
Thousand Five Hundred Seventy-Eight and 50/100 Dollars
($10,578.50) for the construction of two bridges in Sunny-
meade Addition to the City of Little Rock, in full accoraance
with the specifications and other bidding instruments on
file in the office of the Department of Public Works of the
City of Little Rock, is hereby accepted.
SECTION 2. The Mayor and City Clerk are hereby authorized
and directed to execute for and in behalf of the City of Little
Rock a contract with Thomco, Inc. , for the said work described
in Section 1 hereof, which contract shall be in form and sub-
stance as follows:
C O N T R A C T
THIS CONTRACT AND AGREEMENT, Made and entered into this day of
, 19 _, by and between
Party of the First Part; and
Party of the Second Part, WITNESSETH:
That for and in consideration of the payment to be made as hereinafter
set forth, the Party of the First Part hereby agrees to furnish all tools,
labor, equipment, and materials, and to build and construct
in exact accord with the Plans on file in the office of the
, Little Rock, Arkansas, designated
as , and with the copy of said
Plans, Specifications and Proposal being attached hereto and made a
part hereof as fully as though copied in full herein, under the direct
supervision, and to the entire satisfaction of the
, subject to inspection at all times
in accordance with the laws of the State of Arkansas.
It is agreed and understood between the parties hereto that the Party of
the First Part agrees to accept and the Party of the Second Part agrees
to pay for the work at the prices stipulated in said Proposal, such pay-
ment to be in lawful money of The United States, and the payment shall
be made at the time and in the manner set forth in the Specifications.
The Party of the First Part agrees, for the consideration above express-
ed, to begin work within ten days after being ordered to begin work by
the Engineer, and to complete the work within
( ) days. If the Party of the First Part shall fail to
complete the work in the time herein specified, he shall pay to the Party
of the Second Part, as liquidated damages, ascertained and agreed, and
not in the nature of a penalty, the sum of
($ ) for each day delayed,
which shall be deducted from the final amount of estimate made by the
Contractor.
WITNESS OUR HANDS, this the day of , 19
Party of the First Part
By
Party of the Second Part
By
136-1
-2-
SECTION 3. Upon completion of the work, as more speci-
fically described in the contract authorized in Section 2,
the City Manager and Director of Finance are authorized to
issue the necessary warrant or warrants in payment of the
work.
SECTION 4. This resolution shall be in full force and
effect from and after its adoption.
ADOPTED: April 19, 1965
ATTEST:( ee.Co-�� APPROVED: 4, .6 4/ r
City Clerk Mayor