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HomeMy WebLinkAbout11911S r ORDINANCE NO. 11,911 AN ORDINANCE ACCEPTING THE BID OF AND AUTHORIZING A CONTRACT WITH P.B. PRICE CONSTRUCTION COMPANY IN THE AMOUNT OF $123,584.35 FOR THE WIDENING AND IM- PROVING OF A PORTION OF WEST 12TH STREET IN THE CITY OF LITTLE ROCK - IDENTIFIED AS PHASE NO. 2; APPROPRIATING THE SUM OF $123,584.35 FROM THE 1965 IMPROVEMENT CONSTRUCTION FUND TO PROJECT 65 -S -56 -WEST 12TH STREET - PHASE 2; AND FOR-OTHER PUR- POSES. WHEREAS, invitation to bid was published for the widening and paving of a portion of West 12th Street ident- ified as phase 2 in the City of Little Rock and bids were received pursuant thereto according to law; and WHEREAS, the lowest responsible and responsive bid was that of P.B. Price Construction Company in the amount of One Hundred Twenty Three Thousand Five Hundred Eighty Four and 35/100 Dollars ($123,584.35); and WHEREAS, it is the desire of the Board of Directors to accept the bid of P.B. Price Construction Company and authorize the execution of a contract for such construction. NOW, THEREFORE, BE IT ORDAINED BY THE BOARD OF DIRECTORS OF THE CITY OF LITTLE ROCK, ARKANSAS. SECTION 1. The bid of P.B. Price Construction Company in the amount of One Hundred Twenty Three Thousand Five Hundred Eighty Four and 35/100 Dollars ($123,584.35) for the widening and paving of a portion of West 12th Street - phase 2 - in the City of Little Rock, Arkansas is hereby accepted and the Mayor and City Clerk are hereby authorized and directed to execute a contract for and on behalf of the City of Little Rock, Arkansas with the said P.B. Price Con- struction Company for the performance of the work in full -Z- compliance with the plans, specifications and bid proposal on file in the office of the Purchasing Agent, which con- tract shall be in form and substance as follows: we � t 21tle (c JIM .,� � 5 M 9 g 4 h (8rint or type the aura naderaaath all •ignatom) t x y� 1 S - 4 A{ � V sf -3- SECTION 2. The City Manager and Director of Finance are hereby authorized and directed to pay the con- tract price herein provided for in keeping with the terms and provisions of said contract as and when said work is prosecuted in acaordance with plans, specifications and bid proposal. SECTION 3. There is hereby appropriated from the 1965 Improvement Construction Fund to Project 65 -5 -56 -West 12th Street -phase 2 - the sum of One Hundred Twenty Three Thousand Five Hundred Eighty Four and 35/100 Dollars • ($123,584.35) to be used for paying the contract price hereinabove provided for. SECTION 4. This Ordinance shall be in full force and effect from and after its passage. PASSED: June 19, 1967 ATTESZ�� APPROVED: City Clerk Mayor