File #: RES-11:121    Version: 1 Name: Contract with Garry Meadows for Industrial Park rail spur expansion
Type: Resolution Status: Passed
File created: 7/1/2011 In control: Public Works Council Committee
On agenda: Final action: 7/19/2011
Title: A RESOLUTION OF THE CITY OF JONESBORO, ARKANSAS TO ACCEPT THE LOW BID AND ENTER INTO A CONTRACT WITH GARRY MEADOWS CONSTRUCTION CO., INC. FOR THE INDUSTRIAL PARK RAIL SPUR EXPANSION - SECTION I/SUBGRADE WORK - JOB NO. 2011:27
Sponsors: Engineering
Indexes: Contract
Attachments: 1. Contract, 2. Proposal, 3. Bid Tab.pdf, 4. Letter of Recommendation.pdf
Related files: CON-428

Title

A RESOLUTION OF THE CITY OF JONESBORO, ARKANSAS TO ACCEPT THE LOW BID AND ENTER INTO A CONTRACT WITH GARRY MEADOWS CONSTRUCTION CO., INC. FOR THE INDUSTRIAL PARK RAIL SPUR EXPANSION - SECTION I/SUBGRADE WORK - JOB NO. 2011:27

Body

WHEREAS, the City of Jonesboro has desires to accept the low bid and enter into a contract for the construction of the Industrial Park Rail Spur Expansion - Section I/Subgrade Work - Job No. 2011:27;

 

WHEREAS, the low bidder and the firm selected for the Industrial Park Rail Spur Expansion - Section I/Subgrade Work - Job No. 2011:27 is Garry Meadows Construction Co., Inc.;                  

 

WHEREAS, Garry Meadows Construction Co., Inc. has bid $565,921.25 for the Industrial Park Rail Spur Expansion - Section I/Subgrade Work - Job. No. 2011:27;

 

WHEREAS, the funding for the execution of the contract shall come 90% from secured grant funds and 10% from the 2011 capital improvement budget. Secured grant funding for this bid includes 50%, or $282,960.63, from the Arkansas Economic Development Commission, 40%, or $226,368.50 from the Economic Development Administration, and 10%, or $56,592.12 from the FY 2011 capital improvements budget.

 

NOW THEREFORE BE IT RESOLVED BY THE CITY COUNCIL FOR THE CITY OF JONESBORO, ARKANSAS THAT:

 

Section 1.  That the City of Jonesboro shall accept the low bid and enter into a contract with Garry Meadows Construction Co., Inc. in the new amount of $565,921.25 for the Industrial Park Rail Spur Expansion - Section I/Subgrade Work - Job. No. 2011:27;

 

Section 2.  The funding for the execution of the contract shall come 90% from secured grant funds and 10% from the 2011 capital improvement budget. Secured grant funding for this bid includes 50%, or $282,960.63, from the Arkansas Economic Development Commission, 40%, or $226,368.50 from the Economic Development Administration, and 10%, or $56,592.12 from the FY 2011 capital improvements budget.

 

Section 3.  The Mayor and the City Clerk are hereby authorized by the City Council for the City of Jonesboro to execute all documents necessary to effectuate this agreement.

 

PASSED AND APPROVED this 19th day of July, 2011.