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11395r RESOLUTION NO. 11,395 A RESOLUTION AWARDING A CONTRACT TO McV, INC. FOR STREETSCAPING IMPROVEMENTS ALONG 4"{ AND FERRY STREETS WHEREAS, streetscape improvements are needed along the north side of 4`h Street from Commerce to Ferry Street and along the east side of Ferry Street between 3`d and 4d' Streets to improve safety and enhance pedestrian access, AND, McV, Inc. submitted 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 McV, Inc. in an amount not to exceed $371,910.00 ($338,100 plus 10% contingencies) for the construction of streetscaping improvements on 4`h Street between Commerce and Ferry Streets and along Ferry Street from 3`d Street to 4d' Streets. SECTION 2. Funding for the project is available from interest earnings on bond funds. SECTION 3. This resolution will be in full force and effect from and after the date of its adoption. ADOPTED: ATTEST: NOVEMBER 4, 2002 NA Y W D City lerk APPROVED: 0 JIM AAILEY Mayor