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184530 a ORDINANCE NO. AN ORDINANCE APPROPRIATING FUNDS AND AUTHORIZING CITY MANAGER TO ENTER INTO A CONSTRUCTION CONTRACT IN THE AMOUNT OF $613,921 WITH McV, INC FOR CONSTRUCTION OF GRANITE MOUNTAIN PUBLIC IMPROVEMENTS. WHEREAS, project will provide streets and drainage for Homes at Granite Mountain. NOW, THEREFORE, BE RESOLVED BY THE BOARD OF DIRECTORS OF CITY OF LITTLE ROCK, ARKANSAS SECTION 1. City Manager is hereby authorized to accept bids and award a contract with McV, Inc, lowest bidder meeting specifications, in an amount not to exceed $613,922 ($558,110 plus 10% contingency) for construction of streets and drainage for Homes at Granite Mountain. SECTION 2. $250,000 is available from account CDBG- COO- G517 -G517 and $363,912 from 1998 Revenue Bond Interest. SECTION 3. This resolution shall be in full force and effect from and after its adoption. PASSED: March 20, 2001 ATTEST: Na :y Woo City Clerk APPROVED AS TO FORM Thomas M. Carpenter City Attorney APPROVED: atl�: r� Jim Dail Mayor