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HomeMy WebLinkAbout2564 RESOLUTION NO. 2561.E A RESOLUTION AWARDING A CONTRACT FOR RESURFACING CERTAIN STREETS IN THE CITY OF LITTLE ROCK TO BEN M. HOGAN COMPANY; AUTHORIZING THE MAYOR AND CITY CLERK TO ENTER INTO AND EXECUTE AN AGREEMENT WITH SAID BEN M. HOGAN COMPANY FOR THE SAID RESURFACING PROJECT; AND FOR OTHER PURPOSES. WHEREAS , invitation for bids for the resurfacing of certain streets in the City of Little Rock has been legally published, and WHEREAS, bids have been received and opened pursuant to said ad- vertisement; and WHEREAS , the bid of Ben M. Hogan Company of Little Rock, Arkansas, is the lowest bid submitted therefor; and WHEREAS , the City of Little Rock desires to award the contract for the resurfacing to said Ben M. Hogan Company; NOW THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE CITY OF LITTLE ROCK, ARKANSAS: SECTION 1. The lowest bid submitted for the resurfacing program herein authorized was the bid of Ben M. Hogan Company in the amount of One Hundred Sixteen Thousand Four Hundred Fifty One and 76/100 Dollars ($116,451.76) . The amount previously appropriated for this project is One Hundred Ten Thousand and No/100 Dollars ($110,000 .00) . Therefore, a contract for the resurfacing is awarded to Ben M. Hogan and Company for One Hundred Ten Thousand Dollars ($110,000 .00) and the Director of Public Works is hereby authorized and directed to delete from the list of streets to be improved such portion or portions as are necessary ac- cording to the unit price bids to reduce the work to be performed by said Ben M. Hogan Company to correspond with the contract awarded. SECTION 2. The streets to be resurfaced pursuant to this Contract shall be designated by the Director of Public Works based on need. SECTION 3. The Mayor and City Clerk are hereby authorized and directed to enter into and execute an Agreement on behalf of the City of Little Rock with the Ben M. Hogan Company for resurfacing approximately 10 miles of streets in the City of Little Rock at a cost not to exceed One Hundred Ten Thousand and No/100 Dollars ($110,000.00) . Said agreement shall be in form and words as follows: A G R R E M E N T THIS AGREEMENT made and entered into this day of July, 1960, by and between the CITY OF LITTLE ROCK, ARKANSAS, acting by and through its Mayor and City Clerk, pursuant to the provisions of Resolution No. , hereinafter called "First Party" and BEN M. HOGAN & COMPANY, hereinafter called "Second Party", WITNESSETH: That for and in consideration of the promises and covenants herein- after contained the Parties hereto mutually agree as follows : 1. Second Party agrees to furnish all tools, labor, equipment , and materials, and to pave and resurface approximately 10 miles of streets in the City of Little Rock, in exact accordance with the plans and speci- fications on file in the Office of the Director of Public Works of the City of Little Rock, Arkansas. A copy of the plans, specifications, and bid proposal for the said project are attached hereto and made a part hereof as though copied in full herein. The said project shall be under the direct supervision of the Director of Public Works of the City of Little Rock, Arkansas, and shallbe completed to his satisfaction in ac- cordance with said plans and specifications . Said project shall be sub- ject to inspection at all times. 2. First Party agrees to pay, and Second Party agrees to accept as payment for the said project the unit prices stipulated in the bid proposal attached hereto, at the time and in the manner set forth in the attached specifications . The total cost of such construction shall not exceed the sum of One Hundred Ten Thousand and No/100 Dollars ($110,000.00) . The projects outlined and described in the plans and specifications , which are made a part of this agreement , may be deleted or amended by the Di- rector of Public Works of the City of Little Rock in order to reduce the total work to be performed on a unit price basis to a total figure of One Hundred Ten Thousand and No/100 Dollars ($110,000.00) , it being under- stood and recognized by both Parties hereto that all of the projects set forth in the plans and specifications on a unit price basis exceeds the amount of this contract. 3. The First Party shall have the right , at its option, to reduce the quantities contained in the bid proposal in an amount not exceeding twenty-five per cent (25%) without affecting the unit price to be paid therefor. 4. Second Party shall begin work within ten ( 10) days from the date of this contract and shall complete the said work within sixty (60) calendar days from the commencing of such work. In the event that the Second Party fails to complete the said work in the specified time, the Second Party shall pay First Party as liquidated damages , ascertained and agreed, and not in the manner of a penalty, the sum of Thirty Five Dollars ($35 .00) per day for each day that the completion of the said project exceeds the above specified time. WITNESS our hands this day of , 1960 . CITY OF LITTLE ROCK, ARKANSAS , First Party By Mayor Attest City Clerk BEN M. HOGAN & COMPANY, Second Party By SECTION 4. The City of Little Rock reserves the right to reduce the amount of resurfacing herein authorized by as much as twenty-five per cent (25%) without affecting the unit price bid of said Ben M. Hogan Company. SECTION 5 . This resolution shall be in full force and effect from and after its adoption. ADOPTED: July 18, 1960 ATTEST APPROVED: / / • / City Clerk Mayo