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3184 RESOLUTION NO. 3,184 A RESOLUTION AWARDING A CONTRACT TO BEN M. HOGAN COMPANY, INCORPORATED, FOR RESURFACING OF STREETS WITHIN THE CITY OF LITTLE ROCK, ARKANSAS; AUTHORIZING PAYMENT THEREFOR; AND FOR OTHER PURPOSES. WHEREAS, invitation for bids for the resurfacing of certain streets in the City of Little Rock has been legally pub- lished and bids received and opened pursuant thereto; and, WHEREAS, the bid of Ben M. Hogan Company, Incorporated, of Little Rock, Arkansas, was the lowest responsible and respon- sive bid submitted; and, WHEREAS, the City of Little Rock desires to award a con- tract to the said Ben M. Hogan Company, Incorporated, for the resurfacing of certain streets within the City of Little Rock; 1 V, 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, Incorpo- rated, in the aggregate sum of Ninety-Nine Thousand Two Hundred Sixty-Six and 49/100 Dollars ($99, 266 .49) for the resurfacing of certain streets in the City of Little Rock, in accordance with the unit prices set forth in the Plans and Specifications, General, and Special Conditions and Bid 2roposal, 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 pock with Ben M. Hogan Company, In- 4 corporated, for resurfacing certain streets in the City of Little Rock, which contract shall be in form and substance as follows : 4 I 4 4 C O N T R A C T THIS CONTRACT AND AGREEMENT, Made and entered into this day of 19 , by and between Party of the First Part; and 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 in exact accord with the Plans on file in the office of the , Little Rock, Arkansas, designated as , 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 , 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 ) 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 ($ ) 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 �9 Party of the First Part By Party of the Second Part By 136-1 4 f M -2- SECTION 3. This Resolution shall be in full force and effect from and after its adoption. ADOPTED: July 6, 1964 ATTEST: C.rD APPROVED: A.41-1,--' t Y Clerk Mayor 1