2314 RESOLUTION NO. 2314
A RESOLUTION AUTHORIZING THE PURCHASE OF MATERIALS AND
EQUIPMENT FOR REFLECTIVE STREET MARKERS AND ERECTION
OF SAME, ALL PURSUANT TO AND IN KEEPING WITH THE LOW
COMPETITIVE BIDS HERETOFORE ESTABLISHED, AT A TOTAL
COST NOT TO EXCEED TWENTY FIVE THOUSAND DOLLARS ($25 ,000) ;
PROVIDING THAT SAID MONEYS SHALL BE PAID FROM THE BOND
FUNDS AUTHORIZED BY ORDINANCE NO . 10 ,352 OF THE CITY
OF LITTLE ROCK; AUTHORIZING AND DIRECTING THE CITY MANAGER
AND DIRECTOR OF FINANCE TO EXECUTE THE NECESSARY WARRANT
OR WARRANTS IN PAYMENT THEREOF; AND FOR OTHER PURPOSES.
WHEREAS, there is an immediate need for additional reflective
street markers to be erected within the City of Little Rock; and
WHEREAS, low unit price bids have heretofore been established
by competitive bidding; and
WHEREAS , the Board of Directors desires to at this time ex-
pend up to and not exceeding the sum of Twenty Five Thousand
Dollars ($25 ,000) from the Bond Funds authorized by Ordinance No .
10,352 of the City of Little =:ock for this purpose;
NOW THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF
THE CITY 01 LITTLE ROCK, ARKANSAS:
SECTION 1. The City Manager is hereby authorized and directed
to proceed with the purchase of materials and equipment for re-
flective street markers, including the erection thereof, based
on low bid unit price heretofore established.
SECTION 2. The total cost of purchases authorized in Section
1 above shall not exceed the sum of Twenty Five Thousand Dollars
($25 ,000) .
SECTION 3 . The City Manager and Director of Finance are
hereby authorized and directed to issue the necessary warrant or
warrants in payment of moneys approved by this resolution . Further,
any and all moneys expended pursuant to this resolution shall be
paid from Bond Funds authorized by Ordinance No . 10,852 of the
City of Little Rock.
SECTION 4. This resolution shall be in full force and effect
from and after its adoption.
ADOPTED: April 6, 1959
ATTEST:(---T ,, - 1�e- APPROVED:
City Clerk o- .