Loading...
159140 327 1 ORDINANCE NO. 15,914 2 3 AN ORDINANCE APPROPRIATING $75,000 FROM THE IN- 4 LIEU CONTRIBUTION FUND FOR GRADE CHANGES AND 5 IMPROVEMENTS TO APPROXIMATELY 600 LINEAR FEET OF SOUTH BOWMAN ROAD; AUTHORIZING THE CITY MANAGER 6 TO ENTER INTO A CONTRACT WITH WINROCK DEVELOPMENT 7 CO.; AND TO WAIVE COMPETITIVE BIDDING FOR THIS 8 CONTRACT. 9 10 WHEREAS, Winrock Co. has constructed several phases of the 11 Sandpiper West subdivision adjacent to this portion of Bowman 12 Road; and 13 WHEREAS, at the City's request, Winrock has paid into the 14 city's In -Lieu Fund the estimated cost of the improvements 15 instead of contructing half- street improvements; and WHEREAS, Winrock's contributions to date total $79,186.26; 16 and 17 WHEREAS, improvements to South Bowman Road will consist of 18 grading the street to a roadbed shape for a future five -lane 19 section, and constructing a three -lane section with shoulders. 20 NOW, THEREFORE, BE IT ORDAINED BY THE BOARD OF DIRECTORS OF THE CITY OF LITTLE ROCK, ARKANSAS: 21 SECTION 1: The sum of $75,000 is hereby appropriated from 22 the In -Lieu Contribution Fund for.grade changes and improvements 23 to approximately 600 linear feet of South Bowman Road. 24 SECTION 2: The City Manager is authorized to enter into a contract with Winrock Development Co, to construct the desired 25 improvements to South Bowman Road. 26 SECTION 3: This project has been developed in phases by 27 Winrock Development Company. Some necessary street improvements 28 have been delayed until a particular phase of the development has 29 been reached. To assure that the City would not have to pay for the improvements at the time a; particular phase is begun, Winrock 30 has been required to pay into a special City fund the estimated 31 costs of the improvements to be held in trust in the event Winrock 32 does not fulfill its obligation to complete the improvements. 33 Since Winrock is fulfilling that obligation, then the City no longer needs to hold the funds in trust, but needs to return them 34 to Winrock through this contract. Since, once the improvements 35 36 0- q,5 4-//- 1 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 • • 328 are completed, the funds are Winrock's funds anyway, it is unnecessary to submit this contract to competitive bidding. PASSED: August 7, 1990 ATTEST: C CLERK -,TVE CZECH APPROVED TO F RM: STODOLA, Y ATTORNEY APPROVED: MA F YD U.rVILLINES, II