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12155RESOLUTION NO. 121155 A RESOLUTION AWARDING A CONTRACT TO LASITER CONSTRUCTION, INC., FOR INSTALLATION OF TRAFFIC CALMING DEVICES ON PLEASANT FOREST DR. WHEREAS, traffic problems have been a growing concern for residents on Pleasant Forest Drive, and AND, Bids were solicited for the Installation of Traffic Claming Devices on Pleasant Forest Drive with Lasiter Construction, Inc. submitting the lowest responsible bid, in the amount of Sixty -one Thousand, One Hundred Two Dollars and Zero Cents ($61,102.00) Bid No. 05 -347. 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 for an amount not to exceed $70,000.00 with Lasiter Construction, Inc. for Installation Traffic Calming Devices on Pleasant Forest Dr. SECTION 2. Funds for this project are available in account 210- 220 -13361. Amount for construction services: $67,212.20 ($61,102.00 plus 10% contingencies). SECTION 3. This resolution will be in full force and effect from and after the date of its adoption. ADOPTED: i ecember 20, 2005 ATTEST: N CY W OD Ci Clerk APPROVED: JI AILEY Mayor