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13067ORDINANCE NO 13,067 AN ORDINANCE AWARDING A CONTRACT FOR CONSTRUCTION OF DRAINAGE MODIFICATIONS IN CLOVERDALE SUBDIVISION; TRANSFERRING FUNDS; AUTHORIZING PAYMENT; AND FOR OTHER PURPOSES WHEREAS, invitation to bid was duly advertised and bids received pursuant thereto according to law for the construction of drainage modifications in Cloverdale Subdivision; and WHEREAS, the lowest responsible and responsive bidder has been determined and it is the desire of the Board of Directors to award a contract for this drainage modification project to the lowest responsible and responsive bidder. NOW THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE CITY OF LITTLE ROCK, ARKANSAS. SECTION 1. Heavrin Construction Company of Little Rock is hereby awarded a contract for the construction of drainage modifications pursuant to plans and change orders, if any, in the Cloverdale Subdivision at a bid price of $60,435.24 sub- ject to being modified by change orders, but not to exceed the total cost of $67,935.24, which latter sum includes a 10% for contingencies. SECTION 2. Although $50,000.00 is now available for this project, it is estimated that it will ultimately cost approxi- mately $75,000.00 to complete the project; thekefore, to accom- plish complete financing of the project, the sum of $25,000.00 previously allocated for the Asher -Fair Park Intersection Pro- ject from General Federal Revenue Sharing Funds is hereby transferred and reallocated to the Cloverdale Subdivision Drainage Modifications Project to assure completion of the said Project. SECTION 3. Upon completion of the project or from time to time as may be necessary, the City Manager and Director of Finance are hereby authorized and directed to issue the necessary warrant or warrants in payment of said project costs. At all times the 600 _4D C -/D . c. Y -2- work shall comply with bidding specifications and plans on file in the office of the Purchasing Department of the City of Little Rock, which plans are subject to such modifications thereof as may be provided by change orders issued by the City. SECTION 4. This Ordinance shall be in full force and effect from and after its passage. PASSED: July 15, 1975 1 ATTEST: APPROVED: City Cle Assistant Mayor