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2415 RESOLUTION NO. 2415 A RESOLUTION ACCEPTING THE LOW BID OF CHOCTAW, INC. FOR THE CONSTRUCTION OF A BRIDGE AT THE INTERSECTION OF "F" AND BUCHANAN STREETS IN THE CITY OF LITTLE ROCK, ARKANSAS; AUTHORIZING AND DIRECTING THE MAYOR AND CITY CLERK TO EXECUTE A CONTRACT ON BE- HALF OF THE CITY WITH CHOCTAW,INC. FOR THE SAID CONSTRUCTION; PROVIDING THE CONSIDERATION THEREFOR; AND FOR OTHER PURPOSES . BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE CITY OF LITTLE ROCK, ARKANSAS: SECTION 1. The low bid of Choctaw, Inc . in the amount of One Thousand Four Hundred Seventy-five and 66/100 Dollars ($1,475 .66) , including Arkansas Sales Tax, less five per-cent (S%) cash discount , for tree construction of a bridge at the intersection of "F" and Buchanan Streets in the City of Little Rock is hereby accepted and contract is hereby awarded to Choctaw, Inc . , the low bidder on said project. SECTION 2. The Mayor and City Clerk are hereby authorized and directed to enter into and execute a contract for the construction of the bridge provided for in Section 1 hereof with Choctaw, Inc. , which contract shall be in form and words as follows : C O N T R A C T THIS CONTRACT AND AGREEMENT made and entered into this day of , 1959 , by and between the CITY OF LITTLE ROCK, ARKANSAS , by its Mayor and City Clerk , Party of the First Part ; and CHOCTAW, INC. , Party of the Second Part , WITNESSETH: That for and in consideration of the payment to be made as hereinafter set forth, the Party of the Second Part hereby agrees to furnish all materials and equipment and to build and construct a concrete roadway bridge with cwo hand rails at the intersection of "F" and Buchanan Streets in the City of Little Rock in exact accord with the plans on file in the office of the Director of Public Works of Little stock, Arkan- sas, WILicn plans and specifications are made a part hereof as fully as though set out herein word for word . The said construction project is to be under the direct supervision and to the entire satisfaction of the Director of Public Works of the City of Little Rock and subject to inspection at all times in accordance with the laws of the State of Arkansas. It is agreed and understood between the parties hereto that the Party of the Second Part agrees to accept and the Party of the First Part agrees to pay for the construction project provided for herein, the sum of One Thousand Four Hundred Seventy-five and 66/100 Dollars ($1,475 .66) , which includes Arkansas Sales Tax, less a five per-cent (57.) cash dis- count, all in lawful money of the United States. It is further agreed and understood between the parties hereto that Party of the Second Part will furnish immediate delivery and construction of the bridge authorized by this Contract . WITNESS our hands tnis day of , 1959 . CITY OF LITTLE ROCK, ARKANSAS, Party of the First Part By Mayor Attest City Clerk CHOCTAW, INC. , Party of the Second Part By SECTION 3. The City Manager and Director of Finance are hereby authorized and directed to execute the necessary warrant or warrants for the payment of the consideration provided for herein. Further, said expenditure shall be charged against the budget of the Street Department of the City of Little Rock. SECTION 4. This resolution shall be in full force and effect from and after its adoption. ADOPTED: September 8, 1959 ATTEST: APPROVED: P City Clerk Mayor.