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A RESOLUTION TO ACCEPT THE LOW BID AND ENTER INTO A CONTRACT WITH RICHARD BAUGHN CONSTRUCTION, INC. FOR THE CONTRUCTION OF THE LAWSON ROAD EXTENDED PROJECT;
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WHEREAS, the City of Jonesboro desires to accept the low bid and enter into a contract for the construction of the Lawson Road Extended Project;
WHEREAS, the low bidder and the firm selected to construct the Lawson Road Extended Project is Richard Baughn Construction, Inc.;
WHEREAS, Richard Baughn Construction, Inc. has bid $1,021,978.25 for the construction of the Lawson Road Extended Project;
WHEREAS, the funding for the execution of the contract shall come from 07-100-0142 and compensation shall be provided upon completion of the project;
NOW THEREFORE BE IT RESOLVED BY THE CITY COUNCIL FOR THE CITY OF JONESBORO, ARKANSAS THAT:
Section 1: The City of Jonesboro shall accept the low bid and enter into a contract with Richard Baughn Construction, Inc. in the amount of $1,021,978.25 to construct the Lawson Road Extended Project
Section 2: The funding for the execution of the contract shall come from 07-100-0142 and compensation shall be provided upon completion of the project
Section 3: The Mayor, Doug Formon, and the City Clerk, Donna K. Jackson, 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 15th day of May, 2007.