11806I
2
RESOLUTION NO. 11,806
3 A RESOLUTION TO AUTHORIZE THE CITY MANAGER TO
4 EXECUTE A CHANGE ORDER TO THE 3RD STREET IMPROVEMENT
5 PROJECT FROM MAHLON MARTIN DRIVE (FORMERY COLLINS
6 STREET) TO SHALL STREET, PROVIDING FOR THE USE OF 1998
7 INFRASTRUCTURE BOND CONTINGENCY FUNDS TO USE AS
8 GRANT MATCHING FUNDS; AND FOR OTHER PURPOSES.
9
10 WHEREAS, the City previously
applied for
and
received a
grant from the
11 Economic Development Administration
to improve
3RD
Street from
Mahlon Martin
12 Drive to Shall Street (the "Project "; and
13 WHEREAS, construction bids for the work were low enough that the EDA has
14 approved extending the Project to Rector Street; and
15 WHEREAS, extending the project will increase the contract amount from $1,025,
16 140.36 to $1,533,997.54 and require the City to contribute $48, 611.43 in matching funds.
17 NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS
18 OF THE CITY OF LITTLE ROCK, ARKANSAS:
19 Section 1. The City Manager is authorized to execute a change order in the
20 amount of $457,510.13 to increase the contract amount to $1,533,997.54 and the
21 purchase order is authorized to increase to $1,687,397.20 (10% above the contract
22 amount for contingencies).
23 Section 2. Use of up to $53,472.57 ($48,611.43 plus 10% for contingencies) of
24 Bond Infrastructure Reserve funds from Fund 304 (Account 304 - 220 -A122) for the
25 purpose of improving Collins Street is approved.
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Section 3. The Public Works Director is authorized to prepare the change
order.
ADOPTED: August 2, 2004
ATTEST:
N t cy Woqd, City Clerk
APPROVED AS TO LEGAL FORM:
tom,
Thomas M. Carpenter, eity Attorney
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APPROVED:
Willie Hinton, Vice Mayor