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3509 RESOLUTION NO . 3,509 A RESOLUTION ACCEPTING THE BID OF HOWARD JONES, CONTRACTOR FOR THE RECONSTRUCTION OF THE MABELVALE BRIDGE IN THE CITY OF LITTLE ROCK; AUTHORIZING A CONTRACT; AND FOR OTHER PURPOSES . WHEREAS, invitation for bids for the reconstruction of the Mabelvale Bridge 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 Howard Jones, Contractor was the lowest, responsible and responsive bid therefor; and WHEREAS, the City of Little Rock desires to award the contract for the said reconstruction to Howard Jones, Contractor; NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE CITY OF LITTLE ROCK, ARKANSAS: SECTION 1. The low Bid of Howard Jones, Contractor of Thirty One Thousand Eight Hundred Seventy Seven and 70/100 Dollars ($31, 877.70) for the reconstruction of the Mabelvale Bridge is hereby accepted. SECTION 2. The Mayor and City Clerk are hereby authorized and directed to enter into and execute an Agreement on behalf of the City of Little Rock with Howard Jones, Contractor for the said project, which Agreement shall be in form and words as follows: C O N T R A C T THIS CONTRACT AND AGREEMENT, Made and entered into this day of , 19 _, by and between Party of the First Part; and Party of the Second Part, WITNESSETH: That for and in consideration of the payment to be made as hereinafter set forth, the Party of the First Part hereby agrees to furnish all tools, labor, equipment, and materials, and to build and construct in exact accord with the Plans on file in the office of the , Little Rock, Arkansas, designated as , and with the copy of said Plans, Specifications and Proposal being attached hereto and made a part hereof as fully as though copied in full herein, under the direct supervision, and to the entire satisfaction of the , subject to inspection at all times in accordance with the laws of the State of Arkansas. It is agreed and understood between the parties hereto that the Party of the First Part agrees to accept and the Party of the Second Part agrees to pay for the work at the prices stipulated in said Proposal, such pay- ment to be in lawful money of The United States, and the payment shall be made at the time and in the manner set forth in the Specifications. The Party of the First Part agrees, for the consideration above express- ed, to begin work within ten days after being ordered to begin work by the Engineer, and to complete the work within ( ) days. If the Party of the First Part shall fail to complete the work in the time herein specified, he shall pay to the Party of the Second Part, as liquidated damages, ascertained and agreed, and not in the nature of a penalty, the sum of ($ ) 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 , 19 Party of the First Part By Party of the Second Part By 136-1 .:*f,i:c ?t,:::-P.t.)%41,1470141111111111111MiliffiiiIMINWF sri7014.. .. . .. .. - 2 - SECTION 3. There is hereby authorized and approved the expenditure of Thirty One Thousand Eight Hundred Seventy Seven and 70/100 Dollars (431, 877.70) payable to Howard Jones, Contractor for the said project, which sum has previously been appropriated by ordinance. SECTION 4. The City Manager and Director of Finance are hereby authorized and directed to execute the necessary warrant or warrants in payment of moneys approved in Section 3 hereof pursuant to the Agreement authorized herein. SECTION 5. This resolution shall be in full force and effect from and after its adoption. ADOPTED: February 21, 1966 ATTEST:---Ic /wee, I- AOVE.4 City Clerk Mayor