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HomeMy WebLinkAbout18531ORDINANCE NO. 18,531 C� A RESOLUTION AUTHORIZING CITY MANAGER TO ENTER INTO A CONSTRUCTION CONTRACT WITH KRAUS CONSTRUCTION AND APPROPRIATE FUNDS FOR 6T" STREET RAILROAD UNDERPASS DRAINAGE IMPROVMENTS, A 1998 REVENUE BOND PROJECT WHEREAS, this program was selected as a 1998 Revenue Bond Project. NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE CITY OF LITTLE ROCK, ARKANSAS: SECTION 1. City Manager is hereby authorized to enter into a construction contract with Kraus Construction in the amount of $1,709,112 ($1,553,739 plus 10% contingency) for 6`h Street Railroad Underpass Drainage Improvements. SECTION 2. Appropriate $200,000 from 1998 Revenue Bond interest monies in account 210 - 110 -13129, balance of funds available from account 304 - 220 -A128. SECTION 3. This resolution shall be in full force and effect from and after its adoption. ADOPTED: August 7, 2001 ATTEST: APPROVED: NA*Y W OD JIM D EY City Clerk Mayor APPROVED AS TO FORM: THOMAS M. CARPENTER City Attorney