3367 . { .
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RESOLUTION NO. 3,367
A RESOLUTION ACCEPTING THE BID OF GENERAL MOTORS
CORPORATION FOR THIRTY (30) THIRTY-FIVE-PASSENGER
(35-PASSENGER) COACHES AND TWELVE (12) FORTY-FIVE-
PASSENGER (45-PASSENGER) COACHES IN THE SUM OF
EIGHT HUNDRED SEVENTY-NINE THOUSAND SEVEN HUNDRED
FORTY-FOUR AND 84/100 DOLLARS ($379 ,744.84) ;
AUTHORIZING PAYMENT THEREFOR; SPECIFYING CONDITIONS
PERTAINING TO THE PAYMENT OF SAME; AND FOR OTHER
PURPOSES.
WHEREAS, the Housing and Home Financing Agency of the
United States of America makes available to municipalities
matching funds under the Urban Mass Transportation Act of
1964, also known as Public Law 88-365 , for acquisition of
busses or motor coaches; and
WHEREAS, Twin City Transit Company has agreed to make
substantial financial contribution toward the acquisition of
busses for use in the City of Little Rock, which, together
with the funds provided by the said Housing and Home Finance
Agency and the City of Little Rock will be sufficient to pro-
cure thirty (30) thirty-five-passenger (35-passenger) busses
and twelve (12) forty-five-passenger (45-passenger) busses;
and
WHEREAS, contingent upon approval of an application by
the City of Little Rock for matching funds available through
the Housing and Home Finance Agency, it is the desire of this
Board of Directors to pursue without delay the acquisition of
busses as aforesaid, it being understood by all persons that
consunuuation of the purchase is and shall be contingent upon
approval of said matching funds and payment of same by the
Housing and Home Finance Agency; and
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WHEREAS, advertisement of invitation to bid has been duly
published and bids received pursuant thereto for thirty (30)
thirty-five-passenger (35-passenger) and ten (10) forty-five-
passenger (45-passenger) busses, all in accordance with the
laws and procedures applicable to public bidding; and
WHEREAS, the lowest responsible and responsive bid pursuant
thereto was the bid of the General Motors Corporation (GMC Truck
and Coach Division) for thirty (30) thirty-five-passenger (35-
passenger) and ten (10) forty-five-passenger (45-passenger) busses;
and
WHEREAS, subsequent to the receipt of the said bid and by
negotiation with the said low bidder the option is given to the
City of Little Rock to purchase twelve (12) forty-five-passenger
(45-passenger) busses in lieu of ten such busses, which, together
with the base bid for thirty (30) thirty-five-passenger (35-pass-
enger) busses adjusts the contract price to Eight Hundred Seventy-
Nine Thousand, Seven Hundred Forty-Four and 84/100 Dollars
($879 ,744.84) which option the Board of Directors of the City of
Little Rock desires to accept;
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS
OF THE CITY OF LITTLE ROCK, ARKANSAS:
SECTION 1. Subject to the conditions and restrictions set
forth in Section 2 of this resolution the bid of General Motors
Corporation (GMC Truck and Coach Division) in the aggregate sum
of Eight Hundred Seventy-Nine Thousand, Seven Hundred Forty-Four
and 84/100 Dollars ($879 ,744.84) for thirty (30) thirty-five-
passenger (35-passenger) busses and twelve (12) forty-five-passenger
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(45-passenger) busses, all in accordance with the specifications
and other bidding documents, including, but not limited to,
optional bid dated July 29, 1965, is hereby accepted.
SECTION 2. The City Manager and Director of Finance are
hereby authorized and directed to issue the necessary warrant
or warrants of the City of Little Rock in payment of the purchase
price as set forth in Section 1 hereof upon fulfillment of the
following contingencies and conditions :
(a) Receipt of Two Hundred Eighty-Seven, Three Hundred
Seventy-Two and 42/100 Dollars ($287,372 .L1.2) by the City of Little
Rock from the Housing and Home Finance Agency and commitment from
said Agency of the sum of Ninety-Five Thousand, Seven Hundred
Ninety and 81/100 Dollars ($95,790.81) upon completion of a
traffic survey or study under the regulations of said Agency; and
(b) That Twin City Transit Company pay to the City of
Little Rock a contribution toward acquisition of said motor
coaches in the sum of Three Hundred Five Thousand and No/100
Dollars ($305,000.00) ; and
(c ) That the City of Little Rock and Twin City Transit
Company reach full accord concerning the title, possession, lease,
rental and other terms and conditions designed to protect the
interest of the City of Little Rock in and to the said motor
coaches .
SECTION 3. This resolution shall be in full force and effect
from and after its adoption .
ADOPTED: August 2, 1965
ATTEST: APPROVED:
�./� <,� nt • +3CGJ�►rt/ file',
City Clerk Mayor