3003 RESOLUTION NO. 3,003
A RESOLUTION AWARDING A CONSTRUCTION CONTRACT
FOR THE CONSTRUCTION OF
THE DOWSMITH INC. INDUSTRIAL PROJECT
WHEREAS, after due advertisement as provided by law, bids
were received on May 1, 1963 for the construction of the DowSmith
Inc . industrial plant being financed by City of Little Rock,
Arkansas (herein called "City") Industrial Development Revenue
Bonds dated May 1, 1963; and
WHEREAS, the low bid was submitted by N. P. Alessi, Inc .
and the next low bid was submitted by Pickens-Bond Construction
Company; and
WHEREAS, the said two low bidders have been investigated
in order to arrive at a determination of the lowest responsible
bidder for this particular industrial plant; and
WHEREAS, the City has entered into a Lease and Agreement
with DowSmith Inc . which, among other things , requires the approval
of DowSmith Inc. of the contractor to whom the Construction Con-
tract is to be awarded; and
WHEREAS, DowSmith Inc. has advised the City by letter
attached hereto and made a part hereof that N. P. Alessi, Inc .
does not meet its requirements and cannot be approved but that
Pickens-Bond Construction Company (the next low bidder) does meet
its requirements and is approved;
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS
Or THE CITY:
Section 1. That, in accordance with the findings and
the recommendations of DowSmith Inc . set forth in the letter
Page 2
attached hereto and made a part hereof, the Construction Contract
for the DowSmith Inc. industrial plant is hereby awarded to
Pickens-Bond Construction Company.
Section 2. That the Mayor and City Clerk be, and they
are hereby, directed to execute the Construction Contract for and
on behalf of the City in order that the construction may commence
promptly.
ADOPTED May 6, 1963.
ATTEST : L,A APPROVED:, /
City Clerk Mayor
? DOWSMITH INC. BOX 2369 • MILWAUKEE 12, WISCONSIN • UPTOWN 3-3414 • AREA CODE 414
May 3, 1963
Board of Directors
City of Little Rock
City Hall
Little Rock, Arkansas
Re: Awarding of the Contract for the
Construction of the DowSmith Project
Gentlemen:
Pursuant to the provisions of the Lease and Agreement between the
City of Little Rock and DowSmith Inc . dated May 3, 1963, requiring
our approval of the contractor to whom the construction contract
is to be awarded, we have investigated the qualifications and
experience of the two low bidders for the purpose of making a deter-
mination as to the approval of DowSmith.
As you have been apprised, DowSmith Inc . conducted a thorough in-
vestigation prior to reaching a decision to locate the proposed
industrial plant in the City of Little Rock. DowSmith Inc. is
presently conducting small scale manufacturing operations in
Milwaukee and has made elaborate plans which require the transition
of operations into the industrial plant in Little Rock on a precise
time schedule consistent with production and market requirements .
Therefore, it is imperative that the proposed industrial plant be
constructed properly and timely or DowSmith will necessarily suffer
substantial damages . Our investigation of the two low bidders has
included, among other things, financial ability, experience in the
construction of industrial facilities and other comparable con-
struction work of the magnitude and complexity of this project,
and available personnel and equipment to perform the job as required
and we have afforded each bidder involved an opportunity to make
any presentation along these lines that it desired to make.
As a result of our investigation, it is our opinion that N. P.
Alessi, Inc. does not meet our requirements for a responsible
contractor for the DowSmith project.
GLASS FIBER REINFORCED EPDXY PIPE, ELECTRICAL AND OTHER PRODUCTS
Page 2 - Board of Directors - May 3, 1963
Accordingly, we must advise you that DowSmith Inc . cannot approve
N. P. Alessi, Inc . as the contractor and, therefore, recommend
the contract be awarded to the next lowest bidder, Pickens-Bond
Construction Company, which in our opinion does meet the necessary
requirements . We, of course, intend to cast no reflection on any
bidder, but in view of all of the circumstances it is our con-
sidered and conscientious opinion that this determination is in
the best interests of all concerned, including, of course, the
City.
Very truly yours,
DOWSMITH INC.
J. MacRae
Vi resident and General Manager