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11366• • RESOLUTION NO. 11,366 A RESOLUTION AWARDING A CONTRACT TO KHS CONSTRUCTION, LLC FOR IMPROVEMENTS TO 3rd STREET WHEREAS, improvements are needed on 3rd Street from Thayer Street to Park Street to improve safety, traffic flow and enhance pedestrian access, AND, KHS Construction, LLC subinitted the lowest bid meeting specifications. 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 award a contract and execute an agreement with KHS Construction, LLC in an amount not to exceed $296,593.00 ($269,630.29 plus 10% contingencies) for the construction of improvements to 3rd Street. SECTION 2. Funding for the project is available from 108 Loan Fund proceeds. SECTION 3. This resolution will be in full force and effect from and after the date of its adoption. ADOPTED: SEPTEMBER 3, 2002 ATTEST: NA NqY WO City Clerk APPROVED: JI AILEY Ma or