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12351ORDINANCE NO. 12,351 AN ORDINANCE AWARDING A CONTRACT FOR THE CONSTRUCTION ON MISSISSIPPI STREET; CANCEL- LING STREET FUND RESERVES; APPROPRIATING $277,265.00 FROM THE UNEXPENDED BALANCE OF THE 1965 IMPROVEMENT CONSTRUCTION FUND; AUTHORIZING PAYMENT; AND FOR OTHER PURPOSES. WHEREAS, invitation to bid was duly advertised and bids received pursuant thereto according to law for the widening of Mississippi Street in the City of Little Rock; and WHEREAS, the lowest responsible and responsive bidders have been determined and it is the desire of the Board of Directors to authorize the construction on Mississippi Street by the lowest responsible and res- ponsive bidders. NOW, THEREFORE, BE IT ORDAINED BY THE BOARD OF DIRECTORS OF THE CITY OF LITTLE ROCK, ARKANSAS. SECTION 1. The lowest responsible and responsive bids on con- tract for the widening of Mississippi Street is hereby accepted and con- tract awarded as follows: ITEM SUCCESSFUL BIDDER PURCHASE PRICE Construction on Mississippi Street Pulaski Construction Co. $411,482.63 SECTION 2. The sums of money totaling $75,600 reserved in the Street Fund by Ordinances 11,992 and 11,854 for University and "A" Street Intersection are herewith cancelled and the transfer of the $75,600 from the Street Fund to the 1965 Improvement Construction Fund is hereby 'authorized for the purpose of providing funds for Mississippi Street widening. ''SECTION 3. There is hereby appropriated from funds available in the 1965 Improvement Construction Fund the sum of $277,265.00 for completion of Mississippi Street widening. SECTION 4. Upon completion of the widening of Mississippi Street, complying in all respects with the bidding specifications and bid proposal, the City Manager and Director of Finance are hereby author- ized and directed to execute the necessary warrant or warrants in payment of said purchase price. i' -I -2- SECTION 5. This Ordinance shall be in full force and effect from and after its passage. PASSED: May 4, 1970 ATTEST: X"IJ APPROVED. City Clerk Z ayor