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HomeMy WebLinkAbout12303RESOLUTION NO. 12,303 A RESOLUTION AUTHORIZING 2004 BOND PROGRAM CAPITAL FUNDS TO INCREASE CRANFORD CONSTRUCTION CO. 2006 ASPHALT OVERLAY CONTRACT TO SERVE THE LITTLE ROCK 65TH ST. INDUSTRIAL DISTRICT WHEREAS, voters in 2003 voted to continue a long- assessed property tax for the purpose of funding a Capital Improvement Program, and WHEREAS, the Capital Improvements Program allocated $1,000,000 for Street Improvements for Economic Development, AND, within the Little Rock 65th Street Industrial District critical street rehabilitation needs have been identified and the Project Progress Committee has endorsed up to $170,000 of Economic Development Funds to increase the 2006 Cranford Construction Co. Asphalt Overlay Contract for cold -mill and asphalt overlay of select distressed street sections within the 65th Street Industrial District in order to retain existing and accommodate new business. The sections are as follows: Murray St., from W.651h St. to I -30 West 681h St., from Murray to I -30 West 691h St., from Murray to Scott Hamilton Dr. Murray St., from 65th North to End at Laidlaw Driveway Entrance Hoerner Rd., from Scott Hamilton to Murray St. Hoerner Rd., from Scott Hamilton to Patterson Rd. NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE CITY OF LITTLE ROCK, ARKANSAS: SECTION 1. The City Manager is authorized to execute a change order with Cranford Construction Company for the 2006 Asphalt Overlay Contract $170,000 to rehabilitate selected street sections in Little Rock's 65th Street Improvement District. SECTION 2. Funding for the project is available from 2004 Bond Capital Improvement funds in 314 - 220 -SR21. SECTION 3. This resolution will be in full force and effect from and after the date of its adoption. ADOPTED: June 20, 2006 ATTEST: It 49"70"z N CY OD, CITY CLERK APPROVED: FIN.M 0- M. d MAYORJ J17411AILE '9