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A RESOLUTION TO THE CITY OF JONESBORO, ARKANSAS TO ACCEPT THE LOW BID AND ENTER INTO A CONTRACT WITH LAKESIDE CONTRACTORS, LLC FOR THE RACE STREET DRAINAGE IMPROVEMENTS - PHASE III - (2016:20)
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WHEREAS, , the City of Jonesboro has desires to accept the low bid and enter into a contract for the Race Street Drainage Improvements - Phase III;
WHEREAS, the low bidder and the firm selected for the Race Street Drainage Improvements Phase III is Lakeside Contractors, LLC;
WHEREAS, funding for the execution of the contract shall come from Capital Improvements budget and compensation shall be paid in accordance with the contract documents.
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 for the Race Street Drainage Improvements Phase III is Lakeside Contractors, LLC.
Section 2. That funding for the execution of the contract shall come from Capital Improvements budget and compensation shall be paid in accordance with the contract documents.
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 4th day of May, 2016.