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12158RESOLUTION NO. 12,158 A RESOLUTION AWARDING A CONTRACT TO LASITER CONSTRUCTION, INC. FOR EAGLE DRIVE, PRESTON DRIVE & DUVAL CIRCLE DRAINAGE CONSTRUCTION PROJECT WHEREAS, Bids were solicited for the street reconstruction of Eagle Drive, Preston Drive & Duval Circle Drainage, Bid No.05 -336. AND, Lasiter Construction, Inc. submitted the lowest responsible bid, NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE CITY OF LITTLE ROCK, ARKANSAS: SECTION 1. The City Manager is hereby authorized to execute an agreement with Lasiter Construction, Inc. for drainage improvements Eagle Drive, Preston Drive & Duval Circle Drainage, Bid No.05 -336. SECTION 2. 2004 Bond Funds are available for Eagle Drive, Preston Drive & Duval Circle Drainage are available in 314- 220 -DP02. Amount of construction services: $358,986.10 ($326,351.00 plus 10% contingencies). SECTION 3. This resolution will be in full force and effect from and after the date of its adoption. ADOPTED: December 20, 2005 ATTEST: NA Y WO D City Clerk APPROVED: \ L JI AILEY Mayor