13376I
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RESOLUTION NO. 13,376
3 A RESOLUTION TO AUTHORIZE THE CITY MANAGER TO ENTER
4 INTO CONTRACTS FOR THE CONSTRUCTION/REHABILITATION
5 OF TWO (2) SINGLE - FAMILY DWELLINGS AS PART OF THE
6 NEIGHBORHOOD STABILIZATION PROGRAM 2 (NSP2); AND FOR
7 OTHER PURPOSES.
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9 WHEREAS, in January 2010, a funding agreement was executed allocating $8,602.359.00 to the
10 City of Little Rock Consortium, as a result of the City's application for funding from HUD through the
11 Neighborhood Stabilization Program 2 (NSP2) Program; and
12 WHEREAS, the funds are to be utilized for the acquisition and redevelopment of abandoned,
13 foreclosed and nuisance properties for low to moderate - income beneficiaries; and
14 WHEREAS, two (2) residential properties at 1800 Brown Street and 2609 West 13`h Street were
15 initially approved for construction/rehabilitation under this agreement; however, the original contractor,
16 Rymor Builders, Inc., withdrew its bids for the two (2) structures; and
17 WHEREAS, DBI Construction was the next lowest responsible and responsive bidder with a bid of
18 Two Hundred Sixteen Thousand, Four Hundred Thirty Two Dollars ($216,432.00).
19 NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE CITY
20 OF LITTLE ROCK, ARKANSAS:
21 Section 1: The Board of Directors hereby approves the use of NSP2 Funds for the
22 construction /rehabilitation of the two (2) residential structures at 1800 Brown Street and 2609 West 13`h
23 Street by DBI Construction at a total cost of Two Hundred Sixteen Thousand, Four Hundred Thirty Two
24 Dollars ($216,432.00).
25 Section 2: Funds for the construction/rehabilitation of these structures will be charged to the
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NSP2 Program.
ADOPTED: October 3, 2011
APPROVED:
Mark Stodola, Mayor
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APPROVED AS TO LEGAL FORM:
Thomas M. Carpenter, Cf# Attorney
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