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RESOLUTION NO. 3,605
.y RESOLUTION ACCEPTING THE :SID OF PULASKI
CONSTRUCTION COMPANY, INC. IN THE SUM OF
4174,946.44 FOR RESURFACINu OF CERTAIN
STREETS IN THE CITY OF LITTLE ROCK;
AUTHORIZING EXECUTION OF A CONTRACT FOR
SAID WORK; AND FOR OTHER PURPOSES
WHEREAS, invitation for bids was advertised and
published for the resurfacing of certain streets in the City of
Little Rock according to specifications, and bids were received
pursuant thereto; and
WHEREAS, the lowest responsible and responsive bid
received was the bid of Pulaski Construction Company, Inc. in
the total sum of 4174,946.44 based upon the estimated quantities
contained in the specifications and bidding documents; and
WHEREAS, it is the desire of the Board of Directors
to accept the bid of Pulaski Construction Company, Inc. in the
aforesaid sum and to authorize the execution of a contract for the
performance of the said work;
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE
CITY OF LITTLE ROCK, ARKANSAS:
SECTION 1. The bid of Pulaski Construction Company,
Inc. in the sum of $174,946. 44 for the quantities of work described
in the specifications for bidding is hereby accepted.
SECTION 2. The Mayor and City Clerk are hereby
authorized and directed to execute for and in behalf of the City
of Little Rock, Arkansas, a contract with the said Pulaski Construc-
tion Company, Inc. , which contract shall be in form and substance
as follows:
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C O N T R A C T
THIS CONTRACT AND AGREEMENT, Made and entered into this day of
, 19 , by and between
Party of the First Part; and
Party of the Second Part, WITNESSETH:
That for and in consideration of the payment to be made as hereinafter
set forth, the Party of the First Part hereby agrees to furnish all tools,
labor, equipment, and materials, and to build and construct
in exact accord with the Plans on file in the office of the
, Little Rock, Arkansas, designated
as , and with the copy of said
Plans, Specifications and Proposal being attached hereto and made a
part hereof as fully as though copied in full herein, under the direct
supervision, and to the entire satisfaction of the
, subject to inspection at all times
in accordance with the laws of the State of Arkansas.
It is agreed and understood between the parties hereto that the Party of
the First Part agrees to accept and the Party of the Second Part agrees
to pay for the work at the prices stipulated in said Proposal, such pay-
ment to be in lawful money of The United States, and the payment shall
be made at the time and in the manner set forth in the Specifications.
The Party of the First Part agrees, for the consideration above express-
ed, to begin work within ten days after being ordered to begin work by
the Engineer, and to complete the work within
( ) days. If the Party of the First Part shall fail to
complete the work in the time herein specified, he shall pay to the Party
of the Second Part, as liquidated damages, ascertained and agreed, and
not in the nature of a penalty, the sum of
($ ) 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
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SECTION 3. This Resolution shall be in full
force and effect from and after its adoption.
ADOPTED: July 18, 1966
ATTEST: L-Ta , 61_ )deeSo,4J APPROVED:
City Clerk k.layor