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RESOLUTION NO. 8.899
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4 A RESOLUTION AUTHORIZING THE ACCEPTANCE
5 OF THE BID PROPOSAL FROM THE FOUR F
6 CORPORATION, AND AUTHORIZING THE CITY
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8 MANAGER TO NEGOTIATE AND EXECUTE A
9 CONTRACT WITH THE FOUR F CORPORATION, FOR
l0 THE CONSTRUCTION OF THE CITY'S NEW SOLID
11 WASTE FACILITIES; SUCH CONTRACT TO BE
12 CONTINGENT UPON COMPLETION OF THE METHOD
13 OF FINANCING AND OTHER CONDITIONS; AND FOR
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15 OTHER PURPOSES.
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17 WHEREAS, the Board of Directors of the City of Little Rock, Arkansas has
18 determined that betterments and improvements to the City's solid waste collection and
19 disposal system (the "System ") are necessary to comply with federal and state mandates
20 and to make the services of the System adequate for the needs of the City; and
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22 WHEREAS, the City has determined that it is necessary that the City's existing
23 landfill be closed and new facilities constructed; and
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25 WHEREAS, the funding source for such betterments and improvements are Bond
26 Issue Proceeds; and the bond issue was authorized by Resolution No. 8,880; and
27 WHEREAS, pursuant to an Invitation to Bid, dated February 25, 1993, the City
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29 solicited bids from qualified companies to construct the necessary betterments and
30 improvements, and in response thereto received proposals from eight (8) bidders; and
31 WHEREAS, The Four F Corporation submitted the low bid and met all
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specifications of the Invitation to Bid; and
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34 WHEREAS, the City desires to negotiate with The Four F Corporation a contract
35 for the construction of the proposed new System facilities subject to acceptance by The
36 Four F Corporation of the conditions set forth hereinafter; and
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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 negotiate and execute
a contractual agreement with The Four F Corporation in an amount not to exceed
$8,989,720 for the construction of new solid waste facilities, subject to the acceptance
by The Four F Corporation of the following conditions:
A. All terms and conditions of the Invitation to Bid not
otherwise waived by the City;
B. Receipt by the City of proceeds from the sale of its waste
disposal revenue bonds in an amount not less than that
required to complete the funding of the construction, which
is being financed pursuant to the laws of the State of
Arkansas (including Ark. Code Ann. § 14- 232 -101 to 115);
C. That The Four F Corporation acknowledges that if for any
reason the Bonds are not issued or sold, the City shall have
no obligation to perform the contract for the construction
of any of the facilities described in the Corporation's
response to the Invitation to Bid; and
D. Such other matters as the City Manager may, in his sole
discretion, deem to be in the best interest of the City.
SECTION 2. Since this construction project is large and complex, and since the
bond issue proceeds include a 10% contingency funding, the City Manager is authorized
to approve change orders to the contract with The Four F Corporation up to a total of
$898,972 in additional funding.
SECTION 3. All ordinances, resolutions or portions thereof in conflict herewith
are hereby repealed.
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SECTION 4. This resolution shall be in full force and effect from and after the
date of its approval.
ADOPTED: April 20, 1993
ATTEST:
ROBBIE HANC CK, CITY CLERK
APPROVED AS TO FORM:
THOMAS M. CARPENTE
CITY ATTORNEY
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