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Home My WebLink About15115 1 RESOLUTION NO. 15,115 2 3 A RESOLUTION TO AUTHORIZE THE CITY MANAGER TO ENTER 4 INTO A CONTRACT WITH REDSTONE CONSTRUCTION GROUP, 5 INC., IN AN AMOUNT NOT TO EXCEED TWO MILLION, THREE 6 HUNDRED THIRTY-FIVE THOUSAND, TWO HUNDRED SEVENTY 7 AND 49/100 DOLLARS ($2,335,270.49), FOR THE MABELVALE PIKE 8 RECONSTRUCTION PROJECT; AND FOR OTHER PURPOSES 9 10 WHEREAS,Bids were solicited for,the Mabelvale Pike Reconstruction Project No. 07-17-ST-351, II Bid No. 690;and, 12 WHEREAS, Redstone Construction Group, Inc., was the lowest responsive, responsible bid meeting 13 specifications. 14 NOW,THEREFORE,BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE CITY 15 OF LITTLE ROCK,ARKANSAS: 16 Section 1. The City Manager is hereby authorized to execute an agreement with Redstone Construction 17 Group,Inc.,for the Mabelvale Pike Reconstruction Project, in an amount not to exceed Two Million,Three 18 Hundred Thirty-Five Thousand, Two Hundred Seventy and 49/100 Dollars ($2,335,270.49), which is the 19 base bid amount of One Million, Nine Hundred Forty-Six Thousand, Fifty-Eight and 74/100 Dollars 20 ($1,946,058.74),plus 20%contingencies. 21 Section 2. In accordance with the cost sharing agreement authorized by Resolution No. 14,871, the 22 Little Rock School District share of the project is estimated to be One Million, Sixty-Three Thousand,Four 23 Hundred Eighty-Three and 92/100 Dollars ($1,063,483.92), and the City's share is estimated to be One 24 Million, Two Hundred Seventy-One Thousand, Seven Hundred Eighty-Six and 57/100 Dollars 25 ($1,271,786.57). The City's share of this project is from the %-Cent Capital Improvement Sales and 26 Compensating Use Tax Funds and the Limited Tax General Obligation Capital Improvement Bonds as 27 authorized by Resolution No. 14,803. 28 Section 3. Severability. In the event any title, section, paragraph, item, sentence, clause, phrase, or 29 word of this resolution is declared or adjudged to be invalid or unconstitutional, such declaration or 30 adjudication shall not affect the remaining portions of the resolution which shall remain in full force and 31 effect as if the portion so declared or adjudged invalid or unconstitutional was not originally a part of the 32 resolution. 33 Section 4. Repealer. All laws, ordinances, resolutions,or parts of the same, that are inconsistent with 34 the provisions of this resolution, are hereby repealed to the extent of such inconsistency. [Page I of21 1 ADOPTED: December 3,2019 2 A .f APPROVED: 101 3 4 air a .Ie 5 'us Y1 ,City Clerk Frank Scott,Jr.,M 6 APP• II 74119S TO LEGAL FORM: 7 • - 9 Thomas M. Carpenter,City Attorney 10 // II // 12 // 13 // 14 // 15 // 16 // 17 // I8 // 19 // 20 // 21 // 22 // 23 // 24 // 25 // 26 // 27 // 28 // 29 // 30 // 31 // 32 // 33 // 34 // Page 2 of21