14724 1 RESOLUTION NO. 14,724
2
3 A RESOLUTION TO AUTHORIZE THE CITY MANAGER TO ENTER
4 INTO A CONTRACT TO REDSTONE CONSTRUCTION GROUP, INC.,
5 IN AN AMOUNT NOT TO EXCEED TWO MILLION, FIVE HUNDRED
6 SEVEN THOUSAND, SIX HUNDRED NINETEEN AND 74/100 DOLLARS
7 ($2,507,619.74), FOR STREET RESURFACING WITHIN THE CITY OF
8 LITTLE ROCK,ARKANSAS; AND FOR OTHER PURPOSES.
9
10 WHEREAS, Street resurfacing improvements are needed within the City of Little Rock to maintain
11 existing asphalt streets, and
12 WHEREAS, citizens of the City of Little Rock approved a sales tax issue which provided funding
13 for these resurfacing improvements,
14 AND, Redstone Construction Group, Inc., submitted the lowest bid (Bid No. 17189) meeting
15 specifications for the 2018 Street Resurfacing Program.
16 NOW,THEREFORE,BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE CITY
17 OF LITTLE ROCK,ARKANSAS:
18 Section 1. The City Manager is hereby authorized to execute an agreement with Redstone
19 Construction Group, Inc., in an amount not to exceed Two Million, Five Hundred Seven Thousand, Six
20 Hundred Nineteen and 74/100 Dollars ($2,507,619.74), or Two Million, Eighty-Nine Thousand, Six
21 Hundred Eighty-Three and 12/100 Dollars($2,089,683.12),plus 20%contingency.
22 Section 2. Funding for this project is from the Vs-Cent Capital Improvement Sales and Compensating
23 Use Tax Funds and available in Account No.TS40A91.
24 Section 3. Severability. In the event any title, section, paragraph, item, sentence, clause, phrase, or
25 word of this resolution is declared or adjudged to be invalid or unconstitutional, such declaration or
26 adjudication shall not affect the remaining portions of the resolution which shall remain in full force and
27 effect as if the portion so declared or adjudged invalid or unconstitutional was not originally a part of the
28 resolution.
29 Section 4. Repealer.All laws, ordinances,resolutions, or parts of the same, that are inconsistent with
30 the provisions of this resolution, are hereby repealed to the extent of such inconsistency.
31 ADOPT A .:•ruary 20,2018
32I APPRO �, :
33 ' : / /
344 / r
35 ."41.-an ,City Clerk Mark Stodola,Mayor
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1 APPROVED AS TO LEGAL FORM:
2 6:74
4 Thomas M. Carpenter,City Attorney
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