Loading...
13376I 2 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. 8 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 26 27 28 29 30 31 32 33 34 NSP2 Program. ADOPTED: October 3, 2011 APPROVED: Mark Stodola, Mayor 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 APPROVED AS TO LEGAL FORM: Thomas M. Carpenter, Cf# Attorney // // // // // // // // // // // // // // // // // // // // // // // // // //