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108150 0 RESOLUTION NO. 10,815 A RESOLUTION AUTHORIZING THE CITY MANAGER TO ENTER INTO A CONTRACT WITH JEFCO CONSTRUCTION COMPANY, IN THE AMOUNT OF $357,566 FOR JERRY, JEROME, AND SHEPARD DRIVE IMPROVEMENT PROJECT, A 1998 REVENUE BOND PROJECT. WHEREAS, this program was selected as a 1998 Revenue Project. 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 accept bids and award a contract to JEFCO Construction Company, lowest bidder meeting specifications, in an amount not to exceed $357,566 ($325,060 plus 10% contingency) for Jerry, Jerome, and Shepard Drive Improvement Project. SECTION 2. Funding for this project is available from account 304 - 220 -AI43. SECTION 3. This resolution shall be in full force and effect from and after its adoption. ADOPTED: April 18, 2000 ATTEST: NACY W9 0D Ci Clerk APPROVED: �&w &�� JIM D ILEY Mayor