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3039 RESOLUTION NO. 3,039 A RESOLUTION AWARDING A CONTRACT FOR RESURFACING CERTAIN STREETS IN THE CITY OF LITTLE ROCK TO BEN M. HOGAN COMPANY; AUTHORIZING THE MAYOR AND CITY CLERK TO ENTER INTO AND EXECUTE A CONTRACT WITH SAID BEN M. HOGAN COMPANY FOR THE SAID RESURFACING PROJECT; AND FOR OTHER PURPOSES . WHEREAS, invitation for bids for the resurfacing of certain streets in the City of Little Rock has been legally published; and WHEREAS, bids have been received and opened pursuant to said advertisement; and WHEREAS, the bid of Ben M. Hogan Company of Little Rock, Arkansas, is the lowest responsible and responsive bid submitted therefor; and WHEREAS, the City of Little Rock desires to award the contract for the said resurfacing to said Ben M. Hogan Company; NOW THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE CITY OF LITTLE ROCK, ARKANSAS : SECTION 1. The low bid of Ben M. Hogan Company for the re- surfacing of certain streets in the City of Little Rock, in ac- cordance with the unit prices set forth in the Plans, Specifica- tions, General and Special Conditions and Bid Proposal, is hereby accepted. SECTION 2. The Mayor and City Clerk are hereby authorized and directed to enter into and execute a Contract on behalf of the City of Little Rock with Ben M. Hogan Company for resurfacing approximately eight (8) miles of streets in the City of Little Rock, 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 , 19 , by and between Ben M. Hogan Company Party of the First Part; and the City of Little Rock, Arkansas 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 First Part hereby agrees to furnish all tools, labor, equipment, and materials, and to build and construct and resurface approximately b miles of streets in the city of Little Rock, Arkansas, in exact accord with the Plans on file in the office of the City Clerk and Director of Public Works , Little Rock, Arkansas, designated as 1963 Resurfacing Program , and with the copy of said Plans, Specifications and Proposal being attached hereto and made a part hereof as fully as though copied in full herein, under the direct supervision, and to the entire satisfaction of the Director of Public Works of the City of Little Rock, Ark.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 First Part agrees to accept and the Party of the Second Part agrees to pay for the work at the prices stipulated in said Proposal, such pay- ment to be in lawful money of The United States, and the payment shall be made at the time and in the manner set forth in the Specifications. The Party of the First Part agrees, for the consideration above express- ed, to begin work within ten days after being ordered to begin work by the Engineer, and to complete the work within sixty (60) ( ) days. If the Party of the First Part shall fail to complete the work in the time herein specified, he shall pay to the Party of the Second Part, as liquidated damages, ascertained and agreed, and not in the nature of a penalty, the sum of thirty-five and No/100 ($ 35.00 ) for each day delayed, which shall be deducted from the final amount of estimate made by the Contractor. WITNESS OUR HANDS, this the day of , 19 Ben M. Hogan Company Party of the First Part By City of Little Rock, Arkansas Party of the Second Part By Mayor By City Clerk 136-1 SECTION 3. This resolution shall be in full force and effect from and after its adoption. ADOPTED: July 1, 1963 ATTEST• APPROVED: �. ,, /✓ej a-(1.:4 -!)-.--Be City Clerk Mayor.