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93671 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 RESOLUTION NO. 9,367 A RESOLUTION AUTHORIZING THE CITY MANAGER TO ACCEPT BIDS AND ENTER INTO A CONTRACT WITH CRANFORD CONSTRUCTION COMPANY FOR THE 1.995 STREET RESURFACING PROGRAM. NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE CITY OF LITTLE ROCK, ARKANSAS: SECTION 1. The City Manager is authorized to enter into a contract with Cranford Construction Company of North Little Rock, Arkansas, the low bidder meeting specifications, in an amount not to exceed $2,000,000 ($1,743,928.74 contract amount, plus 15% contingency), for the 1995 Street Resurfacing Program. SECTION 2. Funds are available for this purpose from the sale of the 1995 Capital Improvement Bonds and surplus 1994 street accounts. SECTION 3. This resolution shall be in full force and effect from and after its adoption. ADOPTED: April 18, 1995 APPROVED: QI I i'- li •\ lip' •